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My Step Father Inspired Me To Become A Construction Accountant

Posted by Randal DeHart on Fri, May 31, 2013

It is late on a Friday night almost 11:00PM and I was inspired to write one last article before the week is over and I trust someone, somewhere will get value from it and maybe a bit of inspiration to keep on keeping on.

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Topics: Randal DeHart, Step Father Inspiration, My Step Father My Hero

Contractors Want Reports Not Bookkeeping

Posted by Sharie DeHart on Fri, May 31, 2013

How high is the stack of paper on your desk?  2”, 4", 6” or more? Would it be helpful to know more information than just how much and when the checks cleared the bank?

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Topics: Contractors Need Reports

Four Levels Of Learning Applied To Contractors Bookkeeping Services

Posted by Randal DeHart on Fri, May 31, 2013

Contractors Bookkeeping Services Four Levels Of Learning

As someone who has been around since the early days of information technology...beginning with chiseling on stone tablets, moving on to using charcoal to write on the back of tree bark and then progressing to IBM punch-cards, it is good to finally get close to using current technology in an era where we can have QuickBooks desktop version online and have it appear as if it were on our local computer.

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Topics: Four Levels Of Learning, Four Levels Of Learning And Mastery, Four Levels Of Learning Construction Accounting

QuickBooks Job Costing Work In Progress (WIP) Reports

Posted by Randal DeHart on Fri, May 31, 2013

QuickBooks Job Costing Work In Progress (WIP) Reports

 

 

Job Costing Work In Progress (WIP) Reports are not included in QuickBooks For Contractors. These are custom reports that must be built by putting together combinations of reporting options inside QuickBooks For Contractors software. There are thousands of possible combinations so the best approach is to decide what you want the report to do for you before investing several hours building one.

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Topics: Job Costing Work In Progress Reports

Construction Company Journeymen Vs. Subcontractors

Posted by Randal DeHart on Thu, May 30, 2013

All Contractors Wrestle With Having Journeymen Vs. Paying Subcontractors

When I say "Journeyman" that means someone who has a minimum of 10,000 hours combined experience in training and practice. In our trade we call bookkeepers who work for retail stores, bookkeepers. Construction bookkeepers are people with at least 10,000 hours training and practice in construction accounting and bookkeeping services.

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Topics: Journeymen Vs. Subcontractors

How Successful Contractors Optimize Opportunity Costs

Posted by Randal DeHart on Thu, May 30, 2013

Construction Company Opportunity Costs

Opportunity costs are something contractors earning over $200,000 a year in take home pay understand and use on a daily basis and since the majority of our readers earn less than $75,000 I felt it would be something useful to share.

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Topics: Secrets of Opportunity Costs, Opportunity Costs

Marginal Revenue Vs. Marginal Cost

Posted by Randal DeHart on Thu, May 30, 2013

Every day Your Get Bombarded with ways to spend your hard earned money. Instead of saying no all the time here is a key strategy you can use to separate the good from the bad.

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Topics: Marginal Revenue Vs. Marginal Cost

Contractors Job Costing Library The Key To Increased Profits

Posted by Randal DeHart on Wed, May 29, 2013

Contractors With Job Costing Library Have A Competitive Advantage

Every contractor has a Job Costing Library, some keep it in their head, some keep it on paper with names like completed jobs, bids, estimates. Other contractor's keep it in their QuickBooks for contractors software records. Still other contractors rely on places like RS Means for comprehensive databases of construction costs. These are similar to the "Flat Rate Books" used by car repair shops for decades.

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Topics: Job Costing Library, Contractors Job Costing Library

Custom Home Builder Who Cheated His Framing Contractor

Posted by Randal DeHart on Tue, May 28, 2013

A Framing Contractor's Story

To protect his privacy we will refer to him as John, not his real name. After a few years working on a production framing crew for a tract home builder John decided to strike out on his own and start a framing company working for custom home builders because he was sick and tired of the fast paced go-go-go environment of tract home building.

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Topics: Contractor Business Coaching

Costly Construction Software Vs. QuickBooks For Contractors

Posted by Randal DeHart on Mon, May 27, 2013

Cost Variables To Help You Choose Construction Software

Many contractors with expensive high-end construction software are re-examining if QuickBooks for Contractors is all they really need and if switching over to it makes sense.

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Topics: QuickBooks For Contractor Vs. Everything Else

We Make Contractors Bookkeeping Easy As Tying Your Shoes

Posted by Randal DeHart on Mon, May 27, 2013

If you own or manage a construction company, contractor bookkeeping is a pain in the backside and your least favorite thing to do next to training a brand new apprentice!

You know you need the Five Key Performance Indicators and Job Costing Reports to operate and grow your construction company just like you need the five key performance indicators on the dashboard of your company vehicle.

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Topics: Bookkeeping Service Easy As Tying Your Shoes, Outsourced Contractors Bookkeeping Services

Construction Job Costing Reporting Service Work In Process Based

Posted by Randal DeHart on Sat, May 25, 2013

Contractors Do You Want To Know How Much Profit You Made On Your Last Job So You Can Earn More On The Next One

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Topics: Job Cost Accounting, Job Costing In QuickBooks, Job Costing Work In Progress Based, Job Costing

Construction Job Costing Reporting Service Schedule Of Values Based

Posted by Randal DeHart on Sat, May 25, 2013

Contractors, Do You Want To Know How Much Profit You Made On Your Last Job So You Can Earn More On The Next One

 
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Topics: Job Cost Accounting, Job Costing In QuickBooks, Job Costing Schedule of Values Based, Job Costing

Construction Job Costing Reporting Service Item Based

Posted by Randal DeHart on Sat, May 25, 2013

Contractors Do You Want To Know How Much Profit You Made On Your Last Job So You Can Earn More On The Next One

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Topics: Job Cost Accounting, Job Costing In QuickBooks, Job Costing Item Based, Job Costing

Construction Job Costing Reporting Service Account Based

Posted by Randal DeHart on Sat, May 25, 2013

Contractors Do You Want To Know How Much Profit You Made On Your Last Job So You Can Earn More On The Next One

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Topics: Job Cost Accounting, Job Costing In QuickBooks, Job Costing Account Based, Job Costing

Construction Job Costing Reporting Service

Posted by Randal DeHart on Fri, May 24, 2013

Contractors Do You Want To Know How Much Profit You Made On Your Last Job So You Can Earn More On The Next One

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Topics: Job Cost Accounting, Job Costing In QuickBooks, Job Costing

Contractor Stops Money Leaks Using Our Free Change Order Video

Posted by Sharie DeHart on Wed, May 22, 2013

Home Improvement Contractor, Hanover County Virginia

"I found your how to video on YouTube and really like how you have it set up and appreciate the pointers you had to offer. Tired of these customers constantly changing stuff on us and creating delays or extra work. I need to start being compensated for my time, but want to make sure I am doing it the right way. Thank you for your assistance."

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Topics: Contractor' Change Order Story, Construction Change Order Form

Our Contractors Love Cloud-Reporting Tool From Qvinci

Posted by Randal DeHart on Wed, May 22, 2013

Charles Nagel from Qvinci Software recently interviewed me regarding how our contractors clients feel about having 24/7 web access to their QuickBooks For Contractors financial reports without ever having to look at QuickBooks.

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Topics: Qvinci, Cloud Based QuickBooks Reports

Contractor Accounting Vs. Regular Accounting

Posted by Randal DeHart on Fri, May 17, 2013

Construction Accounting Vs. Regular Accounting

All Accounting Uses The Accounting Equation

 

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Topics: Contractor Accounting And Regular Accounting

Contractor Spouses Doing Bookkeeping Leads To Divorce

Posted by Sharie DeHart on Fri, May 17, 2013

An Open Letter To Contractors Who Make Their Wives Do The Bookkeeping

There is a storm brewing on the horizon and I have to address it before it is too late in an effort to help save a few good marriages. Lately there has been a surge of contractor's spouses who have left and filed for divorce and a lot more are on the edge. Girlfriends do not have as many reasons to stay so they usually pack up and leave early.

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Topics: Contractor's Wife Doing Bookkeeping

Virtual Bookkeeper Vs. Outsourced Contractor Bookkeeping Services

Posted by Randal DeHart on Wed, May 15, 2013

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Topics: Virtual Bookkeeper Vs. Outsourced Bookkeeper

Construction Bookkeeping Personalities Review

Posted by Randal DeHart on Wed, May 15, 2013

Contractors have told me that regular bookkeepers and

New apprentices have something in common

Neither one understands construction

I agree 100%

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Topics: Construction Bookkeeping Personalities

Does Cheap Outsourced Contractor Bookkeeping Services Save Money?

Posted by Randal DeHart on Mon, May 13, 2013

Contractors Often Ask Us A Simple Question:

We have read Who We Help, researched you on LinkedIn, and at least a dozen other places on the web, read your customer reviews and are convinced you can help us; but, can't we get the same thing from leveraging a hungry bookkeeper working from home and save Money?

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Free Contractor Estimate Template on Excel

Posted by Randal DeHart on Mon, May 13, 2013

Trouble With Estimates?

  • Do you want a Fast Easy Estimate form?

  • Have you ever said "I need a simple estimate!"

  • A simple estimate you can use anytime and anywhere

  • Something the contractors bookkeeper can understand and put in QuickBooks?

You need this simple estimate because you can use it anytime, anywhere. It has lines for description, quantity, rate, and amount. It automatically subtotals the items, adds Washington State and other state sales tax and totals everything for you!

Fill it out, give it to your customer and get the job!

The construction bookkeeper puts the estimate in QuickBooks and you have a new project! 

Click Here To Get your FREE Estimate form

To see a video of how to use the free estimate template click here!

If you need help with QuickBooks Setup, QuickBooks Cleanup or Outsourced Contractor Bookkeeping we can help! All work is performed at our office in Lynnwood, Washington.

If you like the Free Invoice Form for construction companies perhaps you would also be interested in a Free Change Order form. Simply click on the button below:

When a construction project grows beyond two invoices, and you add job deposits and change orders the process gets real tricky. There is no "Magic Button" in QuickBooks that will generate a complex invoice that makes sense to your customer.

We have an application for payment system similar to the G702/G703 we developed on Excel for complex invoices that can use to generate complex invoices for you. You do not need Excel or any Excel skills because we do everything for you and send it to you as a PDF file!

These invoices show the money trail from beginning to end in a way that everyone can understand and appreciate which means you get paid faster, with less hassle and your clients will love you for it!

Learn More About Commercial Payment Applications

Learn More About Residential Remodel Payment Applications

Learn More About Our Invoicing And Statement Services To Help You Get Paid Faster

Application For Payment Checklist

For other FREE construction forms click here

Help with Bookkeeping, Payroll Processing, Quarterly Reports

 

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 and QuickBooks For Contractors Expert. 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 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.

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Topics: Free Estimate Template On Excel, Free Contractor Estimate Template, Free Construction Estimate Template

Free Time Card Download For Contractors

Posted by Randal DeHart on Mon, May 13, 2013

Another Version Of The Ever Popular Free Time Card Download For Contractors


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Topics: Free Time Card Template

Resources To Help Contractors Get More Value Of Time

Posted by Sharie DeHart on Sat, May 11, 2013

It's About Your Company

It's All About You

It's About Your Future

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QuickBooks Contractor Fresh Clean Start Just For You!

Posted by Randal DeHart on Fri, May 03, 2013

Lately a lot of contractors are contacting us about getting a fresh clean start in their QuickBooks contractor file. We are doing quite a few custom QuickBooks setup and QuickBooks cleanup projects and the end results in most cases the contractors are amazed at how much smoother and simpler it is after we are done.

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Topics: QuickBooks Contractor Fresh Clean Start

Outsourced Contractor Bookkeeping Services Helps Small Contractors

Posted by Randal DeHart on Fri, May 03, 2013

What Are The Benefits of Outsourcing Your Contractor Bookkeeping Services?

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Topics: Outsourced bookkeeping, Outsourced Contractor Bookkeeping Services, Outsourced Accounting

Contractor Bookkeeping Services Including On Demand Financial Reports

Posted by Randal DeHart on Thu, May 02, 2013

Our Contractor Clients Have 24/7 Access To QuickBooks Contractor Financial Reports!

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Topics: Cloud Based QuickBooks Reports, On Demand QuickBooks Reports

Increase Sales For Your Construction Company With String Theory

Posted by Randal DeHart on Thu, May 02, 2013

Among the first bits and peices of mentoring we offer new contractors relates to string theory. Not the particle physics definition; rather a Randalism - "Develop your M.A.P. and let it guide to achieve your definition of success"#1 Marketing - Define your target market in terms of the geographic area, how far are you willing to travel to get do the job and the type of buildings, residential, commercial, industrial.

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Topics: String Theory For Contractors

Case Of The Contractor Bookkeeper That Almost Ruined The Company

Posted by Randal DeHart on Thu, May 02, 2013

We worked with a contractor had been in business for over ten years and hired a bookkeeper two years earlier that took over his QuickBooks For Contractors and turned it into one of the worst disasters I have ever seen. From the start of my career in construction accounting in the 1970's until today I have seen a lot of disasters!

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Topics: Contractor Bookkeeper Almost Ruined Company

How Overworked Contractor's Bookkeeper Fool Overbearing Bosses

Posted by Randal DeHart on Thu, May 02, 2013

There is a common misconception in roughly 20% of all contractors who believe "Making deep noises from the chest will be received by the bookkeeper as important messages from the contractor's brain" - Randalism.

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Topics: Overworked Contractor's Bookkeeper

Five Tips To Help Contractors Stop Losing Money On Change Orders

Posted by Randal DeHart on Thu, May 02, 2013

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Topics: change order template, construction change order template

QuickBooks Setup And Chart of Accounts For DIY Contractors
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