Did you buy QuickBooks thinking it was “Quick” at keeping the “Books” for your Contracting Company and got very frustrated with it because it was neither? You are not alone!
It is not your fault QuickBooks fault, your spouse’s fault or your bookkeeper’s fault or anyone else’s fault. QuickBooks was built upon the foundation of very simplistic single-entry bookkeeping software called “Quicken” built on DOS.
Quicken was developed for regular people, not businesses, to have an electronic check register for keeping track of bank balances without having to use those tiny manual paper registries that come with every box of blank checks?
When Quicken was released it was immediately popular and very soon a lot of small businesses started using it and started asking the parent company Intuit for a business version of Quicken.
Intuit responded to market demand and released “QuickBooks” which is double entry bookkeeping software for business.
QuickBooks was better by far than anything was at the time because it was inexpensive and easy to figure out. However, like most things, it got big and better and the growing pains were horrible.
If you Google “Construction Accounting Software” the results are over 20,000,000. Construction trade journals list over 4,000 construction accounting software programs that actually work well for the construction industry.
Enterprise level contractors with 100+ employees need to invest several million dollars to buy implement and install construction accounting software.
Professional level contractors with 50-100 employees need to invest several hundred thousand dollars to buy implement and install construction accounting software.
Professional level contractors with 20-50 employees can easily buy implement and install QuickBooks For Contractors Enterprise version for roughly $25,000.
All other contractors with 1-20 employees can purchase QuickBooks For Contractors Premier for around $500 and install it themselves or hire a construction accounting professional to setup QuickBooks for their particular need.
QuickBooks is designed to be the low price leader in Construction Accounting Software and that is O.K. because it is very customizable if you know how to do it.
We have thousands of webpages chock full of FREE information and FREE Forms you can download which is available in public and online.
The real value of what we offer is not available online and we are continually adding contractor clients all across the U.S.A. including Alaska and Hawaii. We are sharing proven principles of Contractor Success M.A.P. (Marketing | Accounting | Production) with all of them. And some of them may be your competitors who are beginning to understand where their most profitable clients and jobs are and then preparing to skim them off the top and leave the least profitable customers and jobs for everyone else to fight over. See The 80/20 Rule For Construction Success.
For Construction Company Owners who do not need the full power of QuickBooks for contractors and want 24/7 online access we offer Xero Accounting Online and we have 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!
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.
About The Author:
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. Check out our Contractor Success Map Podcast on iTunes and Follow Randal on Google+