Electrical Contractors Have Unique Bookkeeping Needs

1. Not Just Any Bookkeeper Will Do - Too often electrical contractors hire the wrong bookkeeper mistakenly believing all bookkeepers are the same. Nothing is further from the truth. Not all electricians are the same. You would never hire a rough-in electrician with a background in new construction commercial work to be part of your residential remodeling crew because they are trained to rip and tear and work fast will little or no concern for anyone or anything that gets in their way. The resulting destruction to you, your crew, your company and the poor family whose home you are working would be extremely expensive.

2. QuickBooks Setup - And choosing the correct QuickBooks Version is the most critical part of all because it is the foundation upon which your entire financial system is built. Put the wrong foundation under your business and it will not matter who is doing the bookkeeping because it will always be a mess and you will never get the reports you really need in order to operate and grow your business profitably. Your Board of Advisors and especially your banker will be unhappy; however, they may not say it outright, just that your loans, lines of credit and referral opportunities may be limited.

3. Electrical Contractors - Need people trained in construction bookkeeping not someone with experience in regular bookkeeping. The difference between a Professional Bookkeeping Service and a Cheap Bookkeeper can cost you tens of thousands of dollars a year or more on your bottom line profit.
   

4. We Know What To Do - For bookkeeping and reports for you no matter how you charge: Time and Material, Flat-Rate, Cost Plus, Not-To-Exceed, Underground, Rough-In, Trim, Milestones and several other methods.

5. We Know What To Do - No matter how you pay your electrician: Hourly, Commission, Percentage, Salary, Blended Salary and Commission, Prevailing Wage and more.

6. Inventory Tracking - Can be a nightmare and we have a system for it.

7. Job Deposits - Customer down payments can be input several ways. There is only one method that will help manage cash flow and save money on taxes and we know how to do it and track it for you in QuickBooks.

8. Complex Invoicing - With multiple deposits, payments, change orders, payment history and running totals your customer can follow. We prepare these and send them to you as often as you need them.

What You Can Expect From Our Electrical Contractor Bookkeeping Services:

• Professional Bookkeepers with over 10,000 hours of practice

• People who understand plumbing because we owned and operated plumbing companies

• Job Deposit Tracking

• Quarterly Tax Returns

• Sales Tax Returns

• Payroll Processing

• Payroll Tax Returns, 941 and 940

• Contractor Invoicing

• Work In Progress (WIP) Reporting

• Pay Application Invoicing For Plumbing Projects

• Pay Applications For Tenant Improvement Projects (TI)

• Retention Tracking System

• Insurance Audit Support Service

• Optional scanner for sending paperwork to us with the touch of a button 

• Five Key Performance Indicator Reports for monitoring your business

• Business Processes Management

• Business Coaching - Someone who understands your business to talk with

• Construction Marketing Resources

• QuickBooks Setup For Construction Company

• Access to Meeting Space 24/7/365 - For training, meeting clients and vendors and quiet work place

• Cloud based desktop version of your QuickBooks

• Cloud based document storage

In The Long Run We Save You Time And Money Over Hiring A Cheap Bookkeeper Who Knows Nothing About Electrical Contracting And We Offer Cloud Based Desktop QuickBooks!

• Fully functioning QuickBooks desktop version

• Export to Excel and Word which is part of the service

• Print anything directly from QuickBooks, Word or Excel on your own printer

Profitable Construction - Companies have known about and outsourced bookkeeping for a long time and now you know about it too!

We Are Xero Accounting Experts Specializing In Construction Bookkeeping Services

About The Author:

Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. He is the leading expert in outsourced construction bookkeeping and accounting services for small construction companies across the USA. He is experienced as a Contractor, Project Management Professional, Construction Accountant, Intuit ProAdvisor, QuickBooks For Contractors Expert and Xero Accounting Specialist. This combination of experience and skill sets provides a unique perspective which allows him to see the world through the eyes of a contractor, Project Manager, Accountant and construction accountant. This quadruple understanding is what sets him apart from other Intuit ProAdvisors and Xero accountants to the benefit of all of the construction contractors he serves across the USA. Visit http://www.fasteasyaccounting.com/randal-dehart/ to learn more.

Our Co-Founder Randal DeHart - Is a Certified PMP (Project Management Professional) with several years of construction project management experience. His expertise is construction accounting systems engineering and process development. His exhaustive study of several leading experts including the work of Dr. W. Edward Deming, Michael Gerber, Walter A. Shewhart, James Lewis and dozens of others was the foundation upon which our Construction Bookkeeping System is based and continues to evolve and improve. Follow Randal on Google+