Our New eBook is out! More than 15 pages filled with Marketing, Accounting, and Production tips, checklists, and best practices that you can use year-round for your construction business success. Free Download here.
QuickBooks Desktop In The Cloud Or Xero Accounting Online
Which One Is Better For Your Construction Company?
QuickBooks or Xero Accounting Online for construction depends on how you get paid, the type of work your company does and if you need Job Costing.
QuickBooks Works Best If You:
Takes Job Deposits
Have Change Orders
Issues Multiple Invoices
Need Work-In-Progress
Need Job Costing Reports
Need Payment Applications
Need Periodic Invoices For Bank draws
Need Complex Construction Accounting Reports
At The Price Point Intuit Offers All Versions Of QuickBooks including QuickBooks Pro, QuickBooks For Contractors and QuickBooks For Contractors Enterprise no other construction accounting software comes close too offering the robust Job Costing Reports, Work-In-Progress Reports And Tracking (WIP) and hundreds of other combined reports and features medium and large contractors need in order to operate and grow their construction company.
We Are Raving Fans Of Intuit the makers of QuickBooks and have used QuickBooks since the first version was released in 1992. In fact in 2005 we moved our entire client base including our own accounting firm's QuickBooks files to an Intuit Approved commercial hosting environment so we could offer our clients all of the benefits of the full desktop version of QuickBooks accessible online 24/7 and it has been a huge success!
Xero Accounting Online Works Best If You:
Need To Get Paid Faster And Easier
Have Simple Jobs You Invoice Individually
Need To Invoice Customers At The Jobsite
Need Key Performance Indicator Financial Reports
Want Professional Construction Accounting At Lower Costs
Xero Accounting Online saves us time in data entry which means we can offer Xero Accounting Online outsourced contractors bookkeeping services at a substantial savings over QuickBooks outsourced contractors bookkeeping services and provide more in-depth financial reporting with some of the reports being updated within seconds of when the transactions are received.
Invoicing In The Field When you or your employee finishes a job you can use your smartphone, tablet or web enabled device to put together an invoice and if you are connected to the web Xero Accounting Online will have updated your Sales Report, Profit & Loss Report, Balance Sheet Report and a lot more reports before you finished reading this sentence.
The Key To Making Xero Accounting Online Work is having it properly setup and maintained. It is easy enough that anyone can setup the basic company file just like anyone can get on a backhoe and run it. Especially if you have watched the professionals do it for several years as I have because they make it look so "Easy..." Famous last words....
In A Failed Attempt To "Save Money" I rented a backhoe, once, and ripped several underground utility lines out of the ground and caused a lot of damage in less than thirty minutes. The total cost of the job skyrocketed and let's just say I understand the value of professional services and should have known better...ah the "Halo Effect"...I am so good at construction accounting of course I can operate a backhoe...NOT!
Don't Try To Save Money On Construction Accounting because it is a lot harder than it looks. for more on this click on "Construction Accounting Vs. Regular Accounting" and read an article I wrote about it. A word to the wise could save you a lot more money than I lost trying to operate a backhoe.
If your Xero Accounting Setup Is Not Working the way you want, no worries, we can help. Simply add us to your Xero Accounting Online company file and Contact Sharie 206-361-3950 or randal@contracting4profit.com.
Do You Own A Small Construction Contracting Company?
Perhaps you own a service and repair firm that specializes in plumbing, electrical, HVAC, or maybe a handyman service or someone who does small construction projects that last from a few hours to a few days and you only need to give your customer or client one invoice?
If this describes you then perhaps Xero Accounting Online is a better fit for you than QuickBooks. We offer both Xero Accounting Online and QuickBooks bookkeeping services for construction contractors and have found the dividing line is how you get paid.
We Make Getting Started With Xero Accounting Online Painless!
Xero Accounting Online Conversion
Do you want to use Xero Accounting Online, but dread moving everything from QuickBooks or some other accounting software? We can do it all for you:
Enter all of your year to date transactions
Enter all of your Accounts Receivable (Sales)
Enter all of your Accounts Payable (Purchases)
Previous year end bank, credit card and other account balances
Activate your bank and PayPal feeds for downloading into Xero
Enter all your customer and vendor contact information
Xero Accounting Online Setup
If you are a new company just starting out, if you qualify we can set up your company on Xero Accounting Online and give you 30 days of Xero Accounting Online for FREE so you can find out if Xero is right for you!
Set up your organization in Xero Accounting Online
Prepare an application for Tax-ID number, if needed.
Set up your Chart of Accounts
Connect your bank and PayPal feeds
Give you a tour of the system and how it works
Provide ongoing virtual CFO support (We are more than bookkeeping services provider!)
Year-end updates and adjustments from your tax preparer
Options for payroll
Options for time keeping and project management
Options for receipt storage
Pricing Depends Upon the number of accounts, invoicing frequency and number, average daily transactions, number of employees, the amount of business coaching and virtual CFO services you want. We offer MANY other customization options so please ask.
Profitable Construction - Companies have known about the value of outsourced bookkeeping services for a long time and now you know about it too!
We Scan Your Receipts And Invoices link them to Xero transactions where it is appropriate and give you back a CPA-ready packet for your tax return and we provide ongoing Cloud Based Contractors Bookkeeping Servicesby accountants who understand construction.
We Are Xero Accounting Experts Specializing In Construction Bookkeeping Services
Click for sound
About The Author:
Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. He is the leading expert in outsourced construction bookkeeping and accounting services for small construction companies across the USA. He is experienced as a Contractor, Project Management Professional, Construction Accountant, Intuit ProAdvisor, QuickBooks For Contractors Expert and Xero Accounting Specialist. This combination of experience and skill sets provides a unique perspective which allows him to see the world through the eyes of a contractor, Project Manager, Accountant and construction accountant. This quadruple understanding is what sets him apart from other Intuit ProAdvisors and Xero accountants to the benefit of all of the construction contractors he serves across the USA. Visit http://www.fasteasyaccounting.com/randal-dehart/ to learn more.
Our Co-Founder Randal DeHart - Is a Certified PMP (Project Management Professional) with several years of construction project management experience. His expertise is construction accounting systems engineering and process development. His exhaustive study of several leading experts including the work of Dr. W. Edward Deming, Michael Gerber, Walter A. Shewhart, James Lewis and dozens of others was the foundation upon which our Construction Bookkeeping System is based and continues to evolve and improve. Follow Randal on Google+
Our Co-Founder:
Sharie DeHart, QPA, is the President of Business Consulting And Accounting (Fast Easy 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. She offers insights on managing the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. Call 1-800-361-1770 or sharie@fasteasyaccounting.com.
Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. He is the leading expert in outsourced construction bookkeeping and accounting services for small construction companies across the USA. He is experienced as a Contractor, Project Management Professional, Construction Accountant, Intuit ProAdvisor, QuickBooks For Contractors Expert and Xero Accounting Specialist. This combination of experience and skill sets provides a unique perspective which allows him to see the world through the eyes of a contractor, Project Manager, Accountant and construction accountant. This quadruple understanding is what sets him apart from other Intuit ProAdvisors and Xero accountants to the benefit of all of the construction contractors he serves across the USA. Visit http://www.fasteasyaccounting.com/randal-dehart/ to learn more.
Sharie DeHart, QPA, is the President of Business Consulting And Accounting (Fast Easy 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. She offers insights on managing the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. Call 1-800-361-1770 or sharie@fasteasyaccounting.com.
