Being in your own business can be the best time in your life. Alternatively, the worst time! No one starts a business, especially a contracting business, and have it rolling perfectly with a profit every step of the way. Between regulations, economic uncertainty, and other outside forces; always a learning curve.

Picking a Get-Me-By Contractor's Bookkeeping Solution in many cases is using an Excel Spreadsheet and a shoebox, file folders all dumped into a file box and looking at the Online Banking once in a while. This accounting method is the "I still got money, so I must be okay."

When you use today's Job Deposit To Pay For the material, labor, and subcontractors from the last job, it is also known as "Rob Peter To Pay Paul." Cash flow is never a problem until the sales stop; then it doesn't matter if it is the economy (your customers get laid off), domino effect (their customer didn't pay them), or you are unable to work due to being hurt on the job or get sick (flu or more serious illness).

 

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Topics: QuickBooks Construction Reports, Key Performance Indicators, KPI, QuickBooks Construction Accounting, Contractor, finance

Some applications make almost everything easy, including accounting software. Too many contractors find out too late the adage "You get what you pay for" still applies.

 

Hundreds of contractors and regular bookkeepers have told us how simple QuickBooks is to use, yet they cannot understand why QuickBooks for Contractors is so hard to use, and it is getting harder every year. I agree with them.

 

Making a lot of money as a contractor is easy if you know what to do, and I don't mean your ability to produce more fieldwork than anyone else, although that does help.

 

Each contractor type has unique construction accounting needs, which means if the QuickBooks process is custom-fitted to each construction company's needs, it is a beautiful thing.

 

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Topics: QuickBooks Construction Reports, Profit And Loss Reports, QuickBooks Construction Accounting, Contractor, finance

If You Use QuickBooks - You need to have your Balance Sheet Report with the push of a button you can see how much your business Owns, Owes and what is left Over; which is how much your business is worth Right Now!

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Topics: Balance Sheet Report, QuickBooks Construction Reports, QuickBooks For Contractors, QuickBooks, Reports, QuickBooks Reports, QuickBooks For Contractors Setup

QuickBooks Profit And Loss Reports - That you can have instantly by pushing one button is extremely valuable to operating and growing your construction business because it shows how much your business is earning for you!

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Topics: QuickBooks Construction Reports, Profit And Loss Reports, QuickBooks For Contractors, QuickBooks, Reports, QuickBooks Reports, QuickBooks For Contractors Setup

Having A QuickBooks Payables Report - With the push of a button will keep you informed and on top of your bills. You can have an Accounts Payable Report Right Now!

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Topics: QuickBooks Construction Reports, Payables Report, QuickBooks For Contractors, QuickBooks, Reports, QuickBooks Reports, QuickBooks For Contractors Setup

A QuickBooks Report - That you can see and understand with a push of a button that will show you how much your customers owe your business is another competitive edge from us to you.

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Topics: QuickBooks Construction Reports, QuickBooks, Reports, QuickBooks Reports, QuickBooks For Contractors Setup

Cash Is A Fact - Profit is an opinion! You need a way to push one button in QuickBooks and have that report pop up and show you how much cash your business has available Right Now!

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Topics: QuickBooks Construction Reports, cash report, QuickBooks, Reports

Our site has a variety of popular reports not available in QuickBooks that construction companies find useful. You have said it would be nice to have them all in one place to make it easier to sort through and find the particular ones you want.

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Topics: QuickBooks Construction Reports, QuickBooks For Contractors, Construction Bookkeeping And Accounting, QuickBooks, contractors bookkeeping and accounting, Reports

Our site has a variety of QuickBooks reports that construction companies find useful. You have said it would be nice to have them all in one place to make it easier to sort through and find the particular ones you want.

Read More

Topics: QuickBooks Construction Reports, Construction Bookkeeping And Accounting, QuickBooks Reports