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Effective Strategies For Contractor Timecard Issues

Posted by Sharie DeHart on Fri, Jul 19, 2019

Employees need to fill out timecards. The most practical reason is that all employees want to get paid, early, often, and regularly.
 
For those of you that are parents, do you remember when you brought home your newborn baby? They need food, water and diaper changed. You learned all about "Goldilocks and the Three Bears" Some children who are born on a HOT summer day seem to get "overheated" quickly and do not suffer quietly. 
 
If you have employees, you may notice in some similarities to raising children because in some cases you the contractor take over where your employee's parents left off. They want their paychecks (allowance) on a regular basis, and it had better not bounce at the bank due to insufficient funds.
 
If any of your construction worker's paychecks do happen to bounce or they are not able to cash it at the bank because your construction company does not have enough money in the payroll account then most likely you will find whatever tools and equipment they have easy access to at the nearest pawn shop.
 



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Topics: Time Cards, Contractors Bookkeeping Paperwork, Time Card Issues, QuickBooks For Contractors, Construction Bookkeeping, Painless Paperless Contractor Bookkeeping Services

Establishing Your General Contracting Business - TIPS On Starting It Right

Posted by Sharie DeHart on Fri, Jun 07, 2019

Running a business for general contractors like you is an overwhelming yet fulfilling task because there are so many things only the company owner can and should do. In most cases, when the owner's spouse contacts us, it is because they are trying to help with the business, but they know they need outside assistance, so there is more quality time with the family.

Most contractors, and small business owners, in general, haven’t realized that what you don’t know can keep you up at night. Instead of focusing your efforts in maintaining your relationship with your past clients and building a new one, you were up wondering whether you’re making or losing money. Today more than ever, it is necessary to have a properly set-up accounting and bookkeeping file and maintain it. Someone with the knowledge and training combined with an understanding of construction to Set-Up, Clean-Up, Tidy-Up, and manage your bookkeeping system.



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Topics: Contractors Bookkeeping Paperwork, QuickBooks For Contractors, Construction Bookkeeping, QuickBooks Setup Do It Yourself, QuickBooks Construction Accounting, Assisted Do-It-Yourself Contractor Bookkeeping, Painless Paperless Contractor Bookkeeping Services

Bookkeeping And Accounting Solutions For The Busy Contractor

Posted by Sharie DeHart on Fri, May 17, 2019

The calls, emails, messages, and walk-ins that our company deal with every day come from construction contractors, spouses or significant other, construction bookkeepers, advisors, students, and financial planners among others. I do my best to offer support even if it does not lead to an immediate request for our services.

The pressures of running a construction company are tremendous. Incoming money is usually unknown, but expenses and bills are due now. You are not alone; many contractors feel the same way. Owning a construction company is so much different from just working for another construction contractor, and in most cases, new contractors had no idea what is involved in the business end of the operation before they started.



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Topics: Contractors Bookkeeping Paperwork, QuickBooks For Contractors, Construction Bookkeeping, QuickBooks Setup Do It Yourself, QuickBooks Construction Accounting, Assisted Do-It-Yourself Contractor Bookkeeping, Painless Paperless Contractor Bookkeeping Services

Paperwork Processes Particular To Construction Contractors

Posted by Sharie DeHart on Tue, May 07, 2019

One of the biggest struggles contracting business owners deal with is the overwhelming amount of paper they have to organize as part of their everyday tasks. Invoices, receipts, bills, contracts, client records, pay applications, insurances, licenses - are just a few that seem to be never-ending "etc". Keeping important documents is necessary. Most contractors go from one extreme to the other. One extreme saves everything for decades, and the other tosses everything out.

What to save? What to toss out? At Fast Easy Accounting, we no longer need to print and save every document in file folders and keep adding new file cabinets. Our paperwork processes ensure your happiness and peace of mind knowing that your papers can be retrieved electronically at any time in the future.



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Topics: Contractors Bookkeeping Paperwork, QuickBooks For Contractors, Construction Bookkeeping, QuickBooks Setup Do It Yourself, QuickBooks Construction Accounting, Assisted Do-It-Yourself Contractor Bookkeeping, Painless Paperless Contractor Bookkeeping Services

Contractors Struggle To Save Paperwork Needed For Taxes

Posted by Sharie DeHart on Fri, Sep 08, 2017

Tax Time! Corporate Income Tax Returns are due to the IRS by September 15th for S-Corp and LLC’s filing as an S-Corp

Other types of corporations may be in a fiscal year with varied due dates.

The only exception is any emergency extensions granted due to hurricanes (Harvey) or others.

Personal Income Tax Returns are due to the IRS by October 15th which falls on the weekend and extended to Monday, October 16th.

Keeping Paper Documents is necessary. Most contractors go from one extreme to the other.
One extreme is saving everything for decades, and the other is tossing everything out.

What To Save?

What To Toss Out?

We no longer need to print and save every document in file folders and keep adding new file cabinets.

Happiness is every document that can be retrieved electronically at any time in the future.

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Topics: Painless Paperless Contractor Bookkeeping Services, Paperless Contractor Bookkeeping Service

Our Proven Paperless Contractor Bookkeeping Replaces Bookkeeper

Posted by Sharie DeHart on Fri, Aug 04, 2017

Contractors Want Paperless Bookkeeping Services To Avoid Hiring A Bookkeeper

The horror stories about bad bookkeepers (in-house or as 1099 contractors) are never ending. For this reason, Contractors are reluctant to interview or hire an outside bookkeeper. Many Contractors are frustrated that the person they hired costs too much appears to know less about bookkeeping than the contractor themselves. Contractors I have talked to mention they know very little about accounting and do not want to know more.

You Want Someone To:

  • Take over the bookkeeping
  • Leave you alone
  • Not ask a lot of questions
  • Have everything ready for the Annual Tax Return
  • Provide Financial Statements when you need them

YOU WANT TO KNOW IF YOU ARE MAKING MONEY

NOT THE MIND-NUMBING PROCESS OF ACCOUNTING

EVERYTHING SHOULD AUTOMATED AND PAPERLESS 

YOU SHOULD NOT HAVE TO DO ANYTHING!

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Topics: Painless Paperless Contractor Bookkeeping Services, Paperless Contractor Bookkeeping Services

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