Construction Company Bookkeeping For Contractors All Across The USA Including Alaska And Hawaii

What Is Your Contractor Superpower?

Posted by Sharie DeHart on Fri, Dec 24, 2021

As a Construction Contractor, much of your world is Outside The Box. You make what seems impossible and turn it into a finished product; the whole house remodel, kitchen or bath remodel, new roof, install an attic fan, replace windows, deck, patio, hot tub, swimming pool, children's backyard playhouse.

The Handyman Contractor fixes "Things," which are very important to the clients who need them—fixing a door, hanging a closet rod, moving something, removing something. Compared to a Whole House Remodel, it may seem like you are not doing anything. The reality is that to the person who needed the work done that a few simple little things may change their whole world for the better. Your Work as a Handyman Contractor brings joy to their life. Be Proud of it. No job is insignificant, and no construction business is too small for us.

I want to be the person who says Merry Christmas! You have earned it.

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Topics: The Contractors Account, Invoicing, Cloud Based Bookkeeping Services, Outsourced Accounting For Contractors, Systems And Processes, Construction Company Cash Flow, QuickBooks Construction Accounting, accounts receivable for contractors, Contractor Guidance

Four Practical Reasons To Switch To Cloud-Based Accounting

Posted by Sharie DeHart on Fri, Dec 17, 2021

If you've been considering making a move to a cloud-based accounting system, you're not alone. Cloud technology has impacted many business functions, including efficiently managing your business's financial aspects.

Cloud-based accounting moves your accounting from being hosted on your computer's hard drive to an online platform. Cloud-based platforms like QuickBooks and Xero offer important features that save you time and money, freeing you to focus on other essential construction business activities.

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Invoicing Construction Clients The Fast And Easy Way

Posted by Sharie DeHart on Fri, Dec 03, 2021

Creating invoices and receipts is vital to successfully running a business. You need receipts to track your purchases and expenses. Your clients need invoices for their tax purposes and to manage their finances. Paper receipts and invoices have been around a long time, so many people are used to them and may even resist moving away from them.

Thanks to technology, paper receipts and invoices are becoming more a thing of the past. There are environmental reasons for the move. Paper invoices require millions of trees and billions of gallons of water to produce, and they emit carbon dioxide (CO2), so going paperless can be a good thing for the environment.

The Old Way Contractors Invoiced the jobs was sometimes just as much or more work than doing the job itself.

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Topics: The Contractors Account, Invoicing, Systems And Processes, Construction Company Cash Flow, accounts receivable for contractors

Unique Contractor Bookkeeping Problems Regarding Accounts Payable

Posted by Sharie DeHart on Fri, Sep 07, 2018

Common Issues With Accounts Payable

It is easy to put transactions in Accounts Payable (A/P) Aging Summary, and them forget about them. When writing a check from the checking QuickBooks does not automatically go look to see if you put something in Accounts Payable. Sometimes Accounts Payable will have transactions in Accounts Payable that do not belong there.

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Topics: QuickBooks For Contractors, Construction Bookkeeping, KPI, accounts receivable for contractors

Unique Contractor Bookkeeping Problems Regarding Receivables

Posted by Sharie DeHart on Fri, Aug 03, 2018

Challenges Of Keeping Accounts Receivable Simple And Up To Date

Creating an invoice for the entire project seems like it is the simple way to track payments and have the current balance. The harsh reality is that if all of the work is NOT done Accounts receivable is reflecting a balance due that is NOT REAL.

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Topics: QuickBooks For Contractors, Construction Bookkeeping, KPI, accounts receivable for contractors