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How Construction Business Owners Can Overcome Digital Hurdles

Posted by Sharie DeHart on Fri, Jan 03, 2025

We are witnessing a remarkable transformation driven by Artificial Intelligence (AI) and automation. While these advancements promise to enhance efficiency and speed, business owners must recognize the enduring importance of soft skills in their teams for long-term success and competitiveness.
 
The construction industry has also experienced a significant transformation in recent years, driven by technological advancements. From project management software to drones and Building Information Modeling (BIM), construction business owners leverage these tools to enhance productivity, improve safety, and boost profitability. 
 
This blog post will explore how you, as a construction professional, can thrive in today’s tech-driven environment and what skills you can build upon to remain adaptable.
 
 
Access to the best available tools and information is vital in almost any operation but is especially crucial in the competitive construction and home service industry. To help with your year-end bookkeeping tasks, take advantage of our exclusive 40% discount on Bookkeeping Templates (consulting, bookkeeping review, and outsourced accounting subscriptions excluded) and Construction Accounting Academy classes through January 6, 2025. you can use our promo code YEAREND40.
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Topics: Systems And Processes, QuickBooks Year End Closeout, Technology For Your Construction Company, Happy New Year, Construction Systems And Processes, Year End Tips For Construction Contractors

The Year-End Financial Checklist For Construction Business Owners

Posted by Sharie DeHart on Fri, Dec 27, 2024

As the year draws to a close, construction business owners find themselves in a critical period of reflection and preparation. The year's end is a time to celebrate past successes and an opportunity to assess financial health and strategize for the coming year. A thorough year-end financial checklist can help ensure your business is on solid footing as you move forward.

Access to the best available tools and information is vital in almost any operation but is especially crucial in the competitive construction and home service industry. To help with your year-end tasks, take advantage of our exclusive 40% discount on Bookkeeping Templates (consulting, bookkeeping review, and outsourced accounting subscriptions excluded) and Construction Accounting Academy classes now through January 6, 2025. you can use our promo code YEAREND40.

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Topics: QuickBooks Year End Guide, Systems And Processes, QuickBooks Year End Closeout, Xero Year End Closeout, Happy New Year, Happy Holidays, Construction Systems And Processes, Year End Tips For Construction Contractors

Last-Minute Reminders Before The New Year Countdown

Posted by Sharie DeHart on Fri, Dec 31, 2021

It’s been another excellent year for Fast Easy Accounting. We appreciate your support for those of you who have been with us through all these years; without our contractor clients, template customers, construction accounting academy students, email subscribers, podcast listeners, blog readers, and social media followers, we wouldn’t get to where we are today.
 
As we look back on our 2021, I hope your fondest memories will include the time you’ve spent with all the things you love and are passionate about. And because we love what we do and we are passionate about serving our contractor friends - for us, this year was all about empowering your contracting business by continually providing you with outstanding products, high-quality services, and dependable resources for your bookkeeping and accounting needs.
 
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Topics: The Contractors Account, Outsourced Accounting For Contractors, Systems And Processes, QuickBooks Construction Accounting, Happy New Year

Contractor Are You Ready For A Very Happy New Year?

Posted by Sharie DeHart on Fri, Dec 29, 2017


The year has almost come to an end. Just a handful of things left to do. The term “Burning The Midnight Oil” comes to mind. Some things need to be done and date stamped on or before December 31 of each year or it does not count for the current year.

Payroll – Did you take any personal payroll (S-Corp) If not, it may impact your personal deductions.
IRA – 401K Making those final payments before midnight on December 31. (Do not wait until 11:59 PM)
Some plans allow you to make payments until April 15th (double check the dates– do not assume)


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Topics: Happy New Year

Contractors Ready Start Go Happy New Year

Posted by Sharie DeHart on Fri, Jan 06, 2017

New Year’s Day is the day to make New Year’s Resolutions and a start fresh!

It is a reset button for every Contractor business on January 1st of every year!

The previous tax year ends on December 31st.

Final expenses for December will be coming in by email or US Mail.

What to focus on to make the New Year more prosperous than ever...

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Topics: Happy New Year

Contractors Last Minute Payroll Deadline For 2016

Posted by Sharie DeHart on Fri, Dec 30, 2016


Happy New Year

 

It’s almost the end of the year and time to decide if your employees deserve a Bonus. You may call it a
Generic Employee Bonus, Christmas Bonus, Holiday Bonus or Year End Bonus

Giving An Employee Bonus Comes Down To Cash Flow

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Topics: QuickBooks Year End Guide, Annual Tax Return, Happy New Year

QuickBooks Setup And Chart of Accounts For DIY Contractors
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