Four Practical Reasons To Switch To Cloud-Based Accounting
Posted by Sharie DeHart on Fri, Dec 17, 2021
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
What is that old saying? “It Is Always Greener On The Other Side Of The Road”(author unknown)
It is always easier to look in hindsight and think “I should have done this” or “I could have done that”
All the advice from others about what you should of, could of, did do didn’t do is easy for the person who did not actually make any of the decisions. Some people excel at “Advising Not Actually Doing.”
You can’t change yesterday; only do a review and think about What Can I Do Today? And How Can I have a better tomorrow? Tiny changes can make a big difference. You can FIX SOMETHING and do nothing is a decision. (Sometimes taking a pause is the right decision to make)
The answer is Think, Plan, Do Something (Make a Plan, Work the Plan) or (Be, Do, Have)
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Topics: Contractors Bookkeeping, Outsourced Accounting For Contractors, Do What You Do Best And Outsource The Rest
Uniquely Highly Profitable Contractors Target High-Profit Enjoyable Clients
Posted by Sharie DeHart on Fri, Jun 23, 2017
Every Construction Contractor Has Clients Who Want To Help
Part of the reason is that they want to be sure the project is moving and things are being done. Other times the goal is to hopefully save money.
In many cases, the most helpful thing a client can do on a project is keeping the area clean, pets under control and children out of the way. Anything other than that and you, the contractor could be at risk of losing everything you own or ever will if your client or customer is injured while working on your construction project even though it was their home or business.
There is a reason why most automotive repair shops have a sign like the one shown below and as a construction contractor, you would be wise to have signs professionally made and use them on every construction site.
Read MoreTopics: Do What You Do Best And Outsoure The Rest, Outsourced Accounting For Contractors
Multiple Contracting Companies In QuickBooks Leads To Catastrophic Ruin
Posted by Sharie DeHart on Fri, May 26, 2017
Contractors, Bookkeepers and Tax Accountants are trying to keep everything all in one place. That is great. A single bank account on the surface is the answer in simplicity.
Sharie’s Cash Management 101 Training I Teach Contractors Please Do Not Do This!
Why – when putting everything in one bank account; it could be a FINANCIAL DISASTER.
Go to Home Depot, Lowes or any other larger store.
Use your debit card; Drop or lose your debit card,
Someone finds it and buy stuff until he or she have spent all your money!
(may be a little harder with the chip but how many places can you run your debit card as a credit card?)
Topics: Outsourced Accounting For Contractors, Multiple Construction Companies In QuickBooks
Contractors Get Better Results When QuickBooks Is Cleaned Before Filing Taxes
Posted by Sharie DeHart on Fri, Apr 14, 2017
- Because QuickBooks file is clean, the Tax Accountant will have fewer questions of the busy contractor.
- Because QuickBooks file is clean, the Tax Accountant can easily find the reports needed to file the tax return
- Because QuickBooks file is clean, the Tax Accountant can focus on saving you money
You are the Happiest because taking a trip to the Dentist for many contractors is less painful than going to the Tax Accountant. Once a Tax Accountant is “Broke In” you hate to change them.
Topics: Strategic Outsourced Bookkeeping Services, Outsourced Accounting For Contractors