Contractor Bookkeeping Done For You!

Contractors Struggle Over Choosing The Right Bookkeeper

Posted by Sharie DeHart on Fri, Mar 24, 2017

Contractors Struggle Between The Cost Of Having A Bookkeeper And The Value Received Because All Contractors Want To Have Is Peace Of Mind

Number 1 Frustration is discovering the contractor knows more about Construction Bookkeeping And Accounting than the bookkeeper they hired to do the job. Contractors end up trying to teach The Bookkeeper to do the job thinking every little bit helps.  

Number 2 Frustration is the Construction Bookkeeper asks “Is that part of my job description?”  

Number 3 Frustration is the Construction Bookkeeper will “Go beyond their duties and authority."


Read More

Topics: Construction Bookkeeping And Accounting

Twenty Unique Benefits For Contractor QuickBooks Desktop In The Cloud

Posted by Sharie DeHart on Fri, Mar 17, 2017


QuickBooks Online Is Not The Same As QuickBooks Desktop In The Cloud

 

At a quick glance, it is easy to think that all QuickBooks files are the same no matter if it is on your desktop or in the Cloud because it appears to be the same product. Nothing could be further from the truth.QuickBooks Online is slow and clunky and changes early and often so just when you think you understand it...

QUICKBOOKS ONLINE CHANGES!

SOFTWARE PEOPLE LOVE CHANGING STUFF!

CONTRACTORS LOVE GETTING STUFF DONE!

QuickBooks Desktop Version has been around since 1991, and it has improved at a stable pace that contractors and accountants can keep up with. For the past several years our contractor clients have enjoyed the having access to the tried and true QuickBooks Desktop version in a Cloud environment.

Why do I like using Cloud-Based Servers?
For all the same reasons every Contractor has web access to their bank is to see “The Numbers!”

Money In: Have my Deposits posted and cleared?  
Money Out: What checks have cleared?
What’s Left Over:  How much money is in The Bank?

You can access QuickBooks Desktop anytime from anywhere; using your smartphone, tablet, notebook, PC or Mac.

Your QuickBooks In The Cloud Is Backed Up Every Night While You Sleep!

Read More

Topics: Cloud Based Bookkeeping Services, Cloud Computing QuickBooks Desktop Version

Contractor Vs. Tax Accountant View Of Financials

Posted by Sharie DeHart on Fri, Mar 10, 2017


Contractors View Of The Numbers And Tax Accountants View Are Totally Different
When Tax Accountants Review The Financial Statements The Year Has Ended

The Tax Accountant’s Role Is To Review The Previous Year Financial History based on the information provided create and file the Annual Federal Tax Return, Annual State Tax Return, and other Local or Payroll Returns. Washington State is a sales tax driven state. Other states have a State Income Tax, and others yet have a blend of both.

The Contractors Role Is To Review What Is Happening Now and make Strategic Decisions about what to know in order to have a brighter financial future. The best way to do that is to have QuickBooks Setup to deliver your 5 Key Performance Indicators (KPI) in 5 minutes a day at 5 pm or whatever time is best for you. We call them the 5 At 5 For 5, and we can set them up in your QuickBooks for you! Click here to learn more.

 

Read More

Topics: Profit and Growth Strategies For Contractors, Annual Tax Return, construction company strategy

Save Time & Increase Profits with Automated Data Entry

Posted by Chelsey Kruger on Fri, Mar 03, 2017


Today's Guest Article Is From Michelle Dulog and Chelsey Kruger

Representing Personable Inc.

Do you feel like you’re losing more and more time to tedious manual data entry? Manually entering financial transactions is no easy task and often times robs you of time better spent growing your business and improving your business experience. So what if you could automate data entry into QuickBooks and save 90% more time in the process? Now you can, with ScanWriter.

Read More

Topics: ScanWriter, Personabe, Inc., Automated Data Entry

Contractors Want Better Results Without Changing Anything

Posted by Sharie DeHart on Fri, Feb 24, 2017


Contractors Are Torn Between Over Or Under Managing Their Bookkeeping

Contractors want to maintain control without making any changes. “Keep doing the same thing but expecting a different result.”  

Throwing the receipts in a shoebox (behind or under the seat in the truck) is the favorite way to deal with paperwork.  
This is “Under Managing” and frustrates everyone around them who is playing “Where’s Waldo.” Job costing is nonexistent; bills are usually paid late, customers are unbilled, lost and forgotten.

Read More

Topics: Business Process Management For Contractors

Construct-Ed Answers To Questions That Keep Contractors Awake At Night

Posted by Jeremiah Rizzo on Fri, Feb 17, 2017

Today's Guest Article Is From Jeremiah Rizzo Cofounder Of Construct-Ed

Jeremiah was interviewed for the Contractors Success M.A.P. Podcast and was very generous with his time and provided some extremely valuable insights for how you can find answers to specific pain points you have in running and growing a fun and profitable construction company.

What is Construct-Ed? And why should you care?

Construct-Ed is an online learning site where Pros in the industry can go to learn how to grow their business, skills, and knowledge from other experienced Pros. There’s over 185 on-demand, video courses published by real experts in the industry.

Why does that matter to you?

Read More

Topics: Profit and Growth Strategies For Contractors

Contractors Accounting Chaos Solutions

Posted by Sharie DeHart on Fri, Feb 10, 2017


Marketing Headline Is Contractor Needs Accountant.

The Answer is Yes – Every Contractor needs a Construction Accountant.

The Question is Why Does the Contractor need an Accountant?

  • Does the Contractor have an Accountant?
  • Does the Contractor have Bookkeeper?
  • Sometimes the Answer Is Yes.

 No Charge One-Hour Consultation

We offer a Free One Hour Consulting

Definition of Free One Hour Consulting from the contractor side is:

  • I am a General Contractor
  • My life and accounting is in Chaos
  • What does it cost to fix it?
  • Will you invoice my clients?
  • Will you pay all my bills?
  • Will you pay all my taxes?
  • Will you pay employees?


If you have any data that you can include relating to your list, include that in your introduction, too.


Read More

Topics: Contractors Bookkeeping Services

How Contractors Maximize Lines Of Credit To Grow Their Businesses

Posted by Candace Jones on Fri, Feb 03, 2017


 Today's Guest Article Is From Candace Jones Representing AAA Credit Guide

Contractors that want to grow their businesses have only a few funding options. Friends and/or family members offer a low-stress way to secure funding. Taking out a small business loan from the Small Business Administration (SBA) is another viable funding alternative. Of course, banks offer a wide variety of loans to help small businesses raise cash. However, most contractor requests for funding are for the little things that make a business hum, such as more inventory and a new point of sale system.

This is when lines of credit offer the best funding source for contractors to grow their businesses.


Read More

Topics: Contractor Lines Of Credit

Contractors Are Confused About Bookkeeping

Posted by Sharie DeHart on Fri, Jan 27, 2017



Many of you may begin with the thought; I am just a contractor.

I don’t want to be the business owner; I just want to do the work.

That is what is important. Yes, doing the work is important. Keeping track of your hard costs, soft costs, general expenses and overhead is the difference between making a profit or having a loss.

Ignoring the costs do not make them go away; it just avoids putting them on the tax return. Any missed expenses make your profit on the job look higher than it really is and causes you to pay more income taxes because all net profit is taxable.

All businesses need to keep track of their company expenses, including the material and much more. Contractors usually go from one extreme (doing nothing) to the other (trying to count every bean, every paperclip, all the nails and, the scraps of 2x4’s). The balance is somewhere in the middle.

Labor is the biggest cost you will face. As an owner / operator, you're entitled to the same wages your construction company would pay for having another construction worker on the payroll. Otherwise, why not go to work for someone else?

Read More

Topics: Restarting Contractors, Contractors

The Definitive Guide to Online Marketing for Contractors

Posted by Joseph Hughes on Fri, Jan 20, 2017


Today's Guest Article Is From Joseph Hughes Founder Of Contractor Dynamics

Joseph Hughes was interviewed for the Contractors Success M.A.P. Podcast and was very generous with his time and provided some extremely valuable insights for how you can market your Contracting Company. The article below is a recap of some of the precious gems he shared on the podcast.

Read More

Topics: Contractor Marketing

QuickBooks Setup And Chart of Accounts For DIY Contractors

accounting articles

Subscribe by Email

How Can We Help?

 
Contractors Bookkeeping And Accounting Services

Who We Help

How We Help

Next Step

FAQ's

Contractors Bookkeeping And Accounting Services

Outsourced Construction Accounting Services For Contractors All Across The U.S.A. By Fast Easy Accounting 206-361-3950

Serving Construction Contractors
Across The U.S.A
Including Alaska
And Hawaii

Podcast On iTunes
 
Click Here To Listen In iTunes
Contractor  Success M.A.P.
Contractors Bookkeeping And Accounting Services

Remote Access Your QuickBooks  Using Secure Servers

Outsourced Bookkeeping Services For Contractors At Fast Easy Accounting

Contractors Bookkeeping And Accounting Services

T Sheets Pro Advisor Fast Easy Accounting

Mobile Time Cards 

Eliminate the job site to office paper shuffle

Start My Free 14 Day TSheets Trial  

Connect With Randal DeHart Google+
Contractors Bookkeeping And Accounting Services

Fast Easy Accounting Construction Accounting Specialists Member Of National Association Of Home Builders NAHB

Contractors Bookkeeping And Accounting Services

mbamember

Join Our MBA Network

Browse by Tag

badge

Blog Suggestion Box

We Remove Contractor's Unique Paperwork Frustrations

Quickbooks certified proadvisor

Xero-Accounting-Services-Fast-Easy-Accounting

Financial-Intelligence-And-Performance-Reporting-Tool-Fast-Easy-Accounting Hubdoc-Document-Collection-and-Management-System MBA Member Fast Easy Accounting 206-361-3950
 
contractor-success-map-podcast-listen
 
Don't forget, you can hire our services at FastEasyAccounting.com
 
 
How To Use Our Services