Price And Value

VS.

A Cheap Price does not always give you the “biggest bang for the buck” as the saying goes (author unknown). One of the reasons that we all like unit pricing in the grocery store is that it helps us determine which is the best value when deciding between sizes and between the store brands.

Take for example ice cream. There are several main types: Labeled as Non-Fat, Low Fat, Reduced Fat, Sugar-Free, Creamy, Deluxe, Premium. A quick search on the web shows over 100 flavors is available. 

We all have our favorite brands. I am a Creamy, Deluxe, Premium double chocolate fudge or dark chocolate usually costing a zillion dollars per ounce and an equal number of calories.

Randal and I have brands and flavors we both like, and some flavors only one of us like. Thankfully our Ice Cream budget increased over the years. A low price was important back when we were “starving students” going to college.          

Unit pricing does not take into consideration of the quality of the product.  

I can explain why I believe QuickBooks Desktop In The Cloud is the best value with the most features and why every Construction Contractor from Handyman to Trade Contractors to Home Builders should buy it. If you are in the “starving student” phase or your Contracting Company, then everything is too expensive.

QuickBooks Desktop comes in (3) sizes. Pro, Premier, and Enterprise. 

Each size grows is a little more robust. Think Trucks, S10 Pickup, ½ Ton Pickup, ¾ Ton Pickup, 1 Ton Pickup, 2 Ton Truck, Motor Home or Semi.The size of Boat your S10 Pickup can tow is quite different than what your 2 Ton Truck can tow.  

Contractors would be very offended if I said: “What is the big deal?” A truck is a truck, is a truck when in reality I know they are not the same. Each size of Truck has a useful application. 

Same thing applies to Accounting Software. There are 1,000’s of Construction Accounting Software Solutions in the market. Price points start out at free and grow to much higher prices for specialty software. Which do you need? 

QuickBooks Desktop is a good economically priced software that is proven and easy to use for both the Contractor and their tax accountant to do the annual taxes. Easily available at every office supply store, Costco, Amazon.com and other local merchants. Recommend buying a copy “In The Box” with a CD.

Occasionally I have someone who says that the QuickBooks Desktop is “Too Much.” I understand their thinking. Price is King! Unfortunately, If you are more concerned about price than the value of good reports, Annual Insurance Audit, State Sales Tax Reports and State and Federal Tax Returns then you will experience the pain of false savings. What you save on buying QuickBooks Desktop you are likely to spend at least 100X more in fines, penalties and overpaying your taxes.

Looking at anything from a cost standpoint instead of the Total Cost Of Ownership (TCO) puts a lot of good Contractors on the road to ruin. The Desktop Version of QuickBooks is updated for a period of (3) years. You own the software, and if you do not use payroll, merchant services or email from the program, you may get additional life out of the program.

The data is never lost unless the program has become corrupted, crashed or your computer that it is resting on has died.  
Online versions are “Software As A Services” on the cloud is a great feature. The issue is that when you stop paying - your data if it is not backed up by an external source, will expire. In other words, you are RENTING the software.

No different than renting a tool from your local rental shop. When you turn the tool back in you no longer have access to the tool. Some companies for a period of time will allow you to access the file, but at some point, the data and documents expire.  

Looking at the Hard Cost of Software:
QuickBooks Desktop Pro 2017 Small Business Accounting Software [PC Disc] Price $179.99
QuickBooks Desktop has a typically supported life span of 36 months this equals $5.00 per month.

Reasons contractors like Cloud Based Software is to have mobile access to the program.  
We offer Cloud Based Services where you can have your QuickBooks Desktop (PC Version) in the cloud which allows you to access from your PC, MAC, Tablet.  A little difficult to use via the phone based on screen size.

QuickBooks Desktop Can Be Used With Larger Multiple Monitors

• We supply our Professional Construction Bookkeepers with at least three 42" monitors
• You can use most newer televisions as a computer monitor via HDMI
• You can open multiple screens at the same time
• You can view multiple built-in reports at the same time
• You can view custom reports without eye strain

We offer Customized Setup of QuickBooks Desktop Version.
Visit FastEasyAccountingStore.com for Ready Made QuickBooks Setups and Chart of Accounts
Visit FastEasyAccountingStore.com for enhancements to your QuickBooks file (IIF format)

Looking forward to being of assistance.

Enjoy your day.  

Sharie

About The Author:

Sharie DeHart, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on how to manage the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. http://www.fasteasyaccounting.com/sharie-dehart/ 206-361-3950 or sharie@fasteasyaccounting.com

When You Become A Client - Then we can tap into our resources of knowledge and strategy banks. We use the reports hidden in your QuickBooks in order to diagnose and understand your construction business and develop plans and help you implement a path to success for you and you alone because every contractor has unique Strengths, Weaknesses, Opportunities and Threats (S.W.O.T. Analysis) that when understood can lead to a Strategic Roadmap which cannot help but make a lot of money.

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For Construction Company Owners who do not need the full power of a QuickBooks for contractors and want 24/7 online access we offer Xero Accounting Online, and we have a custom setup for construction companies. Click Here For More.

This Is One More Example of how Fast Easy Accounting is helping construction company owners all across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that, and a lot more valuable to people like you so stop missing out! Call Sharie 206-361-3950 or sharie@fasteasyaccounting.com and schedule your no charge one-hour consultation. 

Profitable Contractors and Construction Company owners have known about the value of outsourced bookkeeping services and contractor coaching services like ours for a long time, and now you know about it too!

Thank You For Reading This Far, And I Hope You Understand we really do care about you and all contractors regardless of whether or not you ever hire our services.

We Scan Your Receipts, And Invoices link the appropriate transactions to QuickBooks or Xero Accounting Online depending on the construction accounting service you are using and provide ongoing Cloud Based Contractors Bookkeeping Services by accountants who understand construction.

Our Contractor Bookkeeping Services System Is A System

Thinking About Outsourcing Your Contractors Bookkeeping Services To Save Time And Money?

Click On The Button Below To Download A Free Guide 

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Need Help Now?

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sharie@fasteasyaccounting.com

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