As a contractor, you are highly skilled, intelligent and adaptable. That is a given because you operate in a multi-faceted changing environment doing the impossible with limited time, money and resources on every project and soon as one is finished another one is waiting for you.
7 Unique Reasons Why Contractors Lose Money On D.I.Y. Bookkeeping
Posted by Randal DeHart on Fri, Jan 30, 2015
Topics: Outsourced Accounting
"The great obstacle to discovering the shape of the earth, the continents, and the oceans was not ignorance, but the illusion of knowledge."
- Daniel J. Boorstin
Over The Past Few Decades We Have Heard And Read Some Really Good
Construction Bookkeeping Myths And Legends And Here Are A Few
Topics: Contractor Bookkeeping Services, Bookkeeping Services, Emergency Accounting
Contractor Payroll, Tax Returns And Job Costing Service
Posted by Randal DeHart on Fri, Jan 16, 2015
Three Accounting Nightmares All Contractors Face
You went into business for yourself for a variety of reasons and in most cases you thought all you had to do was get good jobs, do the work and you would make a lot of money. In a very short while you got a rude wake-up-call and your reality check bounced. You found out getting the jobs and doing the work was only a small part of being a contractor.
Read MoreTopics: Payroll Processing, Job Cost Reports, Quarterly Tax Returns, Outsourced Accounting
Is QuickBooks A Mess? Perhaps It Is Time To Start Over
Sometimes contractors get into a position where their QuickBooks file is a hopeless mess and it would cost more to fix it than it would to simply start over. Here is a list of warning signs that can help you decide:
- Nothing inside QuickBooks Makes Any Sense to you
- None of the Financial or Job Costing Reports make any sense to you
- Your bank balance in QuickBooks is completely different from your last bank statement
- Your credit card balance in QuickBooks is completely different from your last credit card statement
- Worse yet your bookkeeper puts the entire credit card statement charges in bulk using Journal Entries
Topics: QuickBooks Setup, Free QuickBooks Review
We Are QuickBooks Experts Specializing In Construction
New Contractor's Have horrendous Levels of Stress
Did You Quit Your Job - And start your own construction company only to discover you need a contractor’s license and bond. Suddenly you realize it costs real money? Now that can be stressful!
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