Construction Financial Reports You Can Understand

And Have When And Where You Need Them!

QuickBooks contractor Financial Reports such as Profit and Loss, Balance Sheet, Cash, Receivables, Payables, Job Costing Reports and Job Profitability Reports are a mystery to most contractors. Unless you have invested years in learning how to read them and really understand the coded messages hidden in plain sight reading them can literally make you take a nap.

There are several reasons for this and one of them could be your brain is working overtime trying to assimilate all of the information being presented. All learning is based on connecting new things to things already known.

For Example tell a child sitting in front of a kitchen door in a restaurant that could be pushed opened and strike him to move and he may ignore you. Tell him that if someone opens the door and hurts him then he may need to go to the hospital and get stitches again like what happened when he fell of his bicycle and he will move. He is able to understand the new information by connecting it to something he already knows.

Contractors Know there is something more too the financial statements than meets the eye. The reason most accountants never explain it to them in a way that makes sense to them.

Understanding Construction Psychology Is The Key

Most contractors process information visually because they work in a tangible world where almost everything arrives in their brain from one of more of the five senses, sight, sound, feel, taste and smell. Contractors process massive amounts of information and are able to see patterns emerge and have a heightened awareness of their surroundings because the construction can be dangerous.

Most accountants process information mentally because they work in an intangible world where almost everything arrives in their brain visually in the form of text and numbers. Text is usually on the left and numbers on the right. Accounting is not dangerous therefore they typically do not process massive amounts of information the same way contractors do because they have no need to develop a heightened awareness of their surroundings.

Construction Accountants specializing in QuickBooks for contractors are a special group of people because they have backgrounds in construction and accounting with special training to understand the difference between Cost of Goods Sold and Expenses, Direct vs. Indirect Job Costs and hundreds of other things that regular accountants do not need to know.

Sample Training To Show How We Help Contractors

Understand And Use Financial Statements

QuickBooks For Contractors Key Performance Indicator (KPI) Financial Reports

If Your Construction business Uses QuickBooks For Contractors or any other version of desktop QuickBooks you can access these five Key Performance Indicator Reports fast and easy.

Here Are The Key Performance Indicators:

It Works Best When You Think Of Them Like The Dashboard On Your Truck

For Example #4 The Balance Sheet is a collection of three "O's"

1. Assets = Who Owes you money?

2. Liabilities = Who you Owe money too?

3. Equity = How much money is left Over for you?

Now you have a better idea what the Balance Sheet is and when you are a client we can show a lot more about how to use it to increase sales and profits and why it is so important.

Job Costing And Job Profitability Reporting Service

We can do it all for you In most cases faster and cheaper than doing it yourself or wasting time and money paying someone else to figure it out the difference between regular accounting and construction accounting. Job Costing takes years to learn and special skills to get it to work properly in QuickBooks for Contractors. I know because we invested over ten years putting it together and working out all the bugs.

We setup QuickBooks for contractors to work for your specific construction company by importing our custom QuickBooks contractor template modules. We have modules for all residential and commercial contractors including specialty contractors and handyman contractors.

We handle your contractors bookkeeping services needs and you can choose the Job Costing and Job Profitability Reports that best suits you. In addition you can upgrade or downgrade your service anytime which gives you flexibility and peace of mind about whatever option you choose now.

On Demand Financial Reports Without Having To

Own Or Open QuickBooks For Contractors

We Saved The Best For Last - On demand 24/7 internet cloud based access to your QuickBooks for Contractors financial reports including Profit & Loss, Balance Sheet, Receivables, Payables and more without having to own or open QuickBooks For Contractors!

The Short Video Below Tells The Whole Story

QuickBooks Expert Specializing In Construction Bookkeeping Services