The Old Way Contractors Invoiced the jobs were sometimes just as much or more work than doing of the job itself.
In The Past You Had To make notes, collect customer information, go to your office, open QuickBooks or whatever construction accounting software you are using, wait for everything to load up and then try to find the paperwork, open the invoice screen and fill it out and if you were lucky you could email it from QuickBooks to your customer. Then you waited for the check in the mail to arrive to get paid.
Construction Contractors Have Two Choices depending on what you are most comfortable with, QuickBooks Desktop Version In The Cloud or Xero Accounting Online.
QuickBooks or Xero Accounting Online for construction depends on how you get paid, the type of work your company does and if you need Job Costing.
Takes Job Deposits
Have Change Orders
Issues Multiple Invoices
Need Work-In-Progress
Need Job Costing Reports
Need Payment Applications
Need Periodic Invoices For Bank draws
Need Complex Construction Accounting Reports
At The Price Point Intuit Offers All Versions Of QuickBooks including QuickBooks Pro, QuickBooks For Contractors and QuickBooks For Contractors Enterprise no other construction accounting software comes close too offering the robust Job Costing Reports, Work-In-Progress Reports And Tracking (WIP) and hundreds of other combined reports and features medium and large contractors need in order to operate and grow their construction company.
We Are Raving Fans Of Intuit the makers of QuickBooks and have used QuickBooks since the first version was released in 1992. In fact in 2005 we moved our entire client base including our own accounting firm's QuickBooks files to an Intuit Approved commercial hosting environment so we could offer our clients all of the benefits of the full desktop version of QuickBooks accessible online 24/7 and it has been a huge success!
Need To Get Paid Faster And Easier
Have Simple Jobs You Invoice Individually
Need To Invoice Customers At The Jobsite
Need Key Performance Indicator Financial Reports
Want Professional Construction Accounting At Lower Costs
Xero Accounting Online saves us time in data entry which means we can offer Xero Accounting Online outsourced contractors bookkeeping services at a substantial savings over QuickBooks outsourced contractors bookkeeping services and provide more in-depth financial reporting with some of the reports being updated within seconds of when the transactions are received.
Three Things Contractors Need Cash, Cash And More Cash When you or your employee finishes a job you need to get paid and I mean the sooner the better! Use a smartphone, electronic tablet or web enabled device, create the invoice and email it! Xero Accounting Online will have updated your Sales Report, Profit & Loss Report, Balance Sheet Report and a lot more reports before you finished reading this sentence.
The Key To Making Xero Accounting Online Work is having it properly setup and maintained. It is easy enough that anyone can setup the basic company file just like anyone can get on a backhoe and run it. Especially if you have watched the professionals do it for several years as I have because they make it look so "Easy..." Famous last words....
In A Failed Attempt To "Save Money" I rented a backhoe, once, and ripped several underground utility lines out of the ground and caused a lot of damage in less than thirty minutes. The total cost of the job skyrocketed and let's just say I understand the value of professional services and should have known better...ah the "Halo Effect"...I am so good at construction accounting of course I can operate a backhoe...NOT!
Don't Try To Save Money On Construction Accounting because it is a lot harder than it looks. for more on this click on "Construction Accounting Vs. Regular Accounting" and read an article I wrote about it. A word to the wise could save you a lot more money than I lost trying to operate a backhoe.
If your Xero Accounting Setup Is Not Working the way you want, no worries, we can help. Simply add us to your Xero Accounting Online company file and Contact Sharie 206-361-3950 or sharie@fasteasyaccounting.com.
Perhaps you own a service and repair firm that specializes in plumbing, electrical, HVAC, or maybe a handyman service or someone who does small construction projects that last from a few hours to a few days and you only need to give your customer or client one invoice?
If this describes you then perhaps Xero Accounting Online is a better fit for you than QuickBooks. We offer both Xero Accounting Online and QuickBooks bookkeeping services for construction contractors and have found the dividing line is how you get paid.
Do you want to use Xero Accounting Online, but dread moving everything from QuickBooks or some other accounting software? We can do it all for you:
Enter all of your year to date transactions
Enter all of your Accounts Receivable (Sales)
Enter all of your Accounts Payable (Purchases)
Previous year end bank, credit card and other account balances
Activate your bank and PayPal feeds for downloading into Xero
Enter all your customer and vendor contact information
Contact Sharie 206-361-3950 or sharie@fasteasyaccounting.com
If you are a new company just starting out, if you qualify we can set up your company on Xero Accounting Online and give you 30 days of Xero Accounting Online for FREE so you can find out if Xero is right for you!
Set up your organization in Xero Accounting Online
Prepare an application for Tax-ID number, if needed.
Set up your Chart of Accounts
Connect your bank and PayPal feeds
Give you a tour of the system and how it works
Provide ongoing virtual CFO support (We are more than bookkeeping services provider!)
Contact Sharie 206-361-3950 or sharie@fasteasyaccounting.com
Our Contractors Bookkeeping Services include:
Invoicing
Daily reconciliation of bank feeds
Weekly reporting
Monthly reporting
Year-end reporting for your tax preparer
Year-end updates and adjustments from your tax preparer
Options for payroll
Options for time keeping and project management
Options for receipt storage
Contact Sharie 206-361-3950 or sharie@fasteasyaccounting.com
Pricing Depends Upon the number of accounts, invoicing frequency and number, average daily transactions, number of employees, the amount of business coaching and virtual CFO services you want. We offer MANY other customization options so please ask.
Three Things Contractors Need Cash, Cash And More Cash When you or your employee finishes a job you need to get paid and I mean the sooner the better! Use a smartphone, electronic tablet or web enabled device, create the invoice and email it! QuickBooks Desktop Version In The Cloud will have updated your Sales Report, Profit & Loss Report, Balance Sheet Report and a lot more reports before you finished reading this sentence.
The Key To Making QuickBooks Desktop Version In The Cloud Work For Construction Contractors is having it properly setup, linked to Bill.Com and maintained. Invest the money and let us do it for you, right, the first time! Don't be fooled into thinking just because it is somewhat easy for small retail companies that it will be easy for you to perform a QuickBooks setup for your construction company. The reason is simple; the difference between a construction accounting and regular accounting is similar to the difference between a shovel and a backhoe.
Thinking Anyone Can Do A QuickBooks Setup For Construction is like thinking anyone can get on a backhoe and run it. Especially if you have watched the professionals do it for several years as I have because they make it look so "Easy..." Famous last words....
In A Failed Attempt To "Save Money" I rented a backhoe, once, and ripped several underground utility lines out of the ground and caused a lot of damage in less than thirty minutes. The total cost of the job skyrocketed and let's just say I understand the value of professional services and should have known better...ah the "Halo Effect"...I am so good at construction accounting of course I can operate a backhoe...NOT!
Don't Try To Save Money On Construction Accounting because it is a lot harder than it looks. for more on this click on "Construction Accounting Vs. Regular Accounting" and read an article I wrote about it. A word to the wise could save you a lot more money than I lost trying to operate a backhoe.
If your QuickBooks Setup Is Not Working the way you want, no worries, we can help. Contact Sharie 206-361-3950 or sharie@fasteasyaccounting.com.
You May Be Able To have your bookkeeping done professionally by us for less than you are spending now!
Contractors Ask How - Can we save them $100's or even $1,000's dollar a year when they can do bookkeeping or hire a Cheap Bookkeeper? Read our article Cheap Bookkeepers
Our Contractor Bookkeeping System - is your solution. In 1991 we developed a Comprehensive Construction Bookkeeping System Bookkeeping system to add useful content to QuickBooks in order to make it work for construction companies. Since then we have made thousands of improvements and it is continuously being improved, updated, innovated and enhanced.
Having Worked With Contractors - And seen 100's of QuickBooks files, met with lots of bankers, bonding companies, commercial insurance brokers in addition to our own experiences owning and operating construction businesses we understand what is needed.
Having owned and operated - Several construction businesses over the past 30+ years we understand a thing or two about best practices when it comes to Construction Bookkeeping And Accounting and operating a profitable construction business.
One Key To Success - Is delegating stuff you don't like doing because you aren't doing it right anyway.
Our Contractor Bookkeeping System Delivers - Bookkeeping right and on time because we are not at the mercy of our bookkeeping staff.
What You Get With Our Strategic Bookkeeping Service:
Professional Bookkeepers with a minimum of 10,000 hours of practice
You don't have to buy QuickBooks, we can lease it for you
Cloud based document storage
Job Deposit Tracking
Retention Tracking System
Optional scanner for sending paperwork to us with the touch of a button
Five Key Performance Indicator Reports for monitoring your business
Business Coaching - Someone who understands your business to talk with
Access to Meeting Space 24/7/365 - For training, meeting clients and vendors and quiet work place
Optional Job Costing Reporting Services Available Click Here For More...
Our System Is An Assembly Line - Where bookkeeping tasks are divided into groups and assigned by skill level. And everything is reviewed by competent accountants who cost less and we pass the savings on to you!
We Are Committed To Serving Your Contractors - Contractor bookkeeping needs with superior services using highly trained professionals and the best construction bookkeepers at very reasonable rates!
Not All Outsourced Contractor Bookkeeping Services Are Good - There are some Red Flags to watch for and avoid that could cause your Contractors more pain than you are experiencing now! For more information Click Here
Like Ham And Eggs For Breakfast - The hen is involved but the pig is committed! We are fanatics about providing your Contractors with most awesome, efficient, forward thinking, innovative, accounting technology, outsourced construction accounting services and outsourced contractor bookkeeping services you have ever known including cloud based QuickBooks for contractors financial reports without having to ever open QuickBooks contractor file!
In Addition To The Premier - outsourced contractor bookkeeping services and paperless vault for storing documents, linking them to QuickBooks for Contractor transactions, retrieving, printing and emailing them our contractor clients can have on demand 24/7 internet cloud based access to their financial reports without having to open, touch or even look at QuickBooks For Contractors!
Just When You Think It Could Not - Possibly get any better, it will! Because we continually innovate and improve our outsourced bookkeeping services for Contractors!
A Collection Of Smaller Cubes - Which are processes that work together in a synergistic effect in harmony to form a fast and easy predictable outsourced accounting and outsourced bookkeeping system that is Process Dependent, Not People Dependent. If you have employees you understand the hidden meaning. And yes we can process your payroll and prepare Quarterly Tax Return if you need it and overdue and back tax issues. This means we can improve the entire contractor bookkeeping services system by working on one process or job description and function at a time without disrupting the entire system.
You Need A QuickBooks Expert - That understands you and your industry with over 10,000 hours construction accounting services experience and skills needed to properly setup QuickBooks and maintain it for your construction company as well as day to day bookkeeping, payroll processing and quarterly tax return preparation, retention tracking and more!
If You Are - Brand new, seasoned, small, micro, residential, commercial Tenant Improvement (T.I.), residential remodeling, spec or custom home builder and you need reliable low cost outsourced contractors bookkeeping and accounting services right now contact Sharie at 206-361-3950 or sharie@fasteasyaccounting.com
The Only Reason - A contractors bookkeeping services company charges by the hour is they don't have an Outsourced bookkeeping services system which means they don't know how long it will take to do the work so they put all the risk on you!
The More Messy Your QuickBooks Setup - And the more disorganized your paperwork the longer it takes them perform any bookkeeping services let alone contractors bookkeeping services. This means hooray for them and too bad for you!
Our QuickBooks Setup - For construction company owners together with our professional low-cost outsourced bookkeeping system saves you time, money, aggravation and you can have useful Financial Reports that with training from us you will be able read and understand!
Contractors Have Asked What Paperwork - They should bring to us in order to get their construction bookkeeping brought current and the simple answer is all of it! For more on this click here
You Don't Have To Organize Any Of It - In fact we wish you would not do it, because we have a system for that and everything else we do! Having owned and operated several construction companies in the past, we are not a pansy construction bookkeeping services company that needs to be pampered and are easily offended; quite the opposite.
Our Paperwork System - Workflow process handles paperwork. When it arrives no matter how organized or disorganized it is we pre-process it before it enters our workflow where it is scanned and uploaded into paperless servers in the cloud.
That means you do not having to sort anything - In fact we prefer that you not try to pre-sort for us because in the end it will save you time and money. You can put it all in a bag, box, ox cart or whatever works for you and bring it in. You can fax it, email it, or scan it into our paperless server, again whatever works for you!
The Fast And Easy Outsourced Accounting Difference:
All of your Outsourced Accounting work is done in our office in Lynnwood Washington, not sent oversees or to some Bad Bookkeepers house.
QuickBooks setup for contractors Bookkeeping
QuickBooks cleanup for contractors bookkeeping
No hassle contractors outsourced bookkeeping services
Professional Construction Bookkeepers with minimum of 10,000 hours of practice
You don't have to buy QuickBooks, we can lease it for you and you are automatically upgraded every year at no additional cost.
Cloud based document storage
Flat Rate Pricing For Outsourced Bookkeeping And Outsourced Accounting
Business Coaching - Access to people who understand construction
Pick And Choose Your Contractors Bookkeeping Services:
Job Deposit Tracking
Retention Tracking System
Optional scanner Send paperwork to with the push of a button
Five Key Performance Indicators to monitor your business
Access to Meeting Space 24/7/365 - For training, meeting clients and vendors and quiet work place
Our Contractors Outsourced Bookkeeping Services System Is An Assembly Line - Where contractors bookkeeping services tasks are divided into groups and assigned by skill level.
Everything Is Reviewed - By a QuickBooks expert in construction accounting and QuickBooks setup for construction. This process costs less and we pass the savings on to you!
Profitable Construction - Companies have known about the value of outsourced bookkeeping services for a long time and now you know about it too!
For Construction Company Owners who do not need the full power of QuickBooks for contractors and want 24/7 online access we offer Xero Accounting Online and we have custom setup for construction companies. Click Here For More.
We Scan Your Receipts And Invoices link them to QuickBooks transactions where it is appropriate and give you back a CPA-ready packet for your tax return and we provide ongoing Cloud Based Contractors Bookkeeping Services by accountants who understand construction.
We Are QuickBooks Experts Specializing In Construction Bookkeeping Services
About The Author:
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+