Randal DeHart
Recent Posts
Construction Is Surging Get Ready To Make Serious Money!
Posted by Randal DeHart on Fri, Feb 20, 2015
It is no secret that contractors are among the industries where many cash transactions take place and sometimes they get busy and forget to deposit the money in the bank, properly track it inside their contractors bookkeeping services system and pay the taxes on it.
From several decades of experience and observations as construction accountants serving contractors all across the USA including Alaska and Hawaii we have proof that contractors who cheat on their taxes lose out on enjoying big cash flow and profits in the long run.Topics: Taxes
Your Contracting Company Strengths, Weakness, Opportunities And Threats
Posted by Randal DeHart on Fri, Feb 06, 2015
Strengths, Weakness, Opportunities And Threats Analysis (S.W.O.T.) Are among the tools we use to help construction companies like yours to evaluate your geographic and demographic target markets and develop strategic plans to increase you company sales, cash flow and bottom line profits by focusing on a few Key Strategies that require the least amount of effort and generate optimum sales cash flow and profits for you contracting company.
Read MoreTopics: Strategic Planning
7 Unique Reasons Why Contractors Lose Money On D.I.Y. Bookkeeping
Posted by Randal DeHart on Fri, Jan 30, 2015
As a contractor, you are highly skilled, intelligent and adaptable. That is a given because you operate in a multi-faceted changing environment doing the impossible with limited time, money and resources on every project and soon as one is finished another one is waiting for you.
Topics: Outsourced Accounting
"The great obstacle to discovering the shape of the earth, the continents, and the oceans was not ignorance, but the illusion of knowledge."
- Daniel J. Boorstin
Over The Past Few Decades We Have Heard And Read Some Really Good
Construction Bookkeeping Myths And Legends And Here Are A Few
Topics: Contractor Bookkeeping Services, Bookkeeping Services, Emergency Accounting
Contractor Payroll, Tax Returns And Job Costing Service
Posted by Randal DeHart on Fri, Jan 16, 2015
Three Accounting Nightmares All Contractors Face
You went into business for yourself for a variety of reasons and in most cases you thought all you had to do was get good jobs, do the work and you would make a lot of money. In a very short while you got a rude wake-up-call and your reality check bounced. You found out getting the jobs and doing the work was only a small part of being a contractor.
Read MoreTopics: Payroll Processing, Job Cost Reports, Quarterly Tax Returns, Outsourced Accounting
Is QuickBooks A Mess? Perhaps It Is Time To Start Over
Sometimes contractors get into a position where their QuickBooks file is a hopeless mess and it would cost more to fix it than it would to simply start over. Here is a list of warning signs that can help you decide:
- Nothing inside QuickBooks Makes Any Sense to you
- None of the Financial or Job Costing Reports make any sense to you
- Your bank balance in QuickBooks is completely different from your last bank statement
- Your credit card balance in QuickBooks is completely different from your last credit card statement
- Worse yet your bookkeeper puts the entire credit card statement charges in bulk using Journal Entries
Topics: QuickBooks Setup, Free QuickBooks Review
We Are QuickBooks Experts Specializing In Construction
New Contractor's Have horrendous Levels of Stress
Did You Quit Your Job - And start your own construction company only to discover you need a contractor’s license and bond. Suddenly you realize it costs real money? Now that can be stressful!
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Ten Unique QuickBooks Abuses Are Bankrupting Your Construction Company
Posted by Randal DeHart on Fri, Dec 26, 2014
Construction Company Failure Is Always Preceded By Bad Bookkeeping!
Three Places Contractors Learn The True Value Of Accurate, True, And Reliable Financial And Job Costing Reports:
- When they get sick and tired or working long hours and getting nowhere so they hire a construction accounting firm like ours
- When the get a "Wake Up Call" in the form of a bookkeeper who embezzles a lot of money, a huge tax bill or some other major financial surprise
- When they realize it is "Game Over" they are out of money and out of places to borrow money and defer payments and heading to bankruptcy
One of the biggest concerns contractors have about outsourcing their contractors bookkeeping to a cloud based contractor accounting service like ours is they think it means sending jobs off-shore rather than keeping your dollars in America where they can help other Americans. In too many cases that is exactly what occurs.
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Topics: Cloud Based Bookkeeping Services, Freelance Bookkeepers, Offshore Bookkeepers