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Thinking About Putting A Bookkeeper On Your Payroll?

Posted by Randal DeHart on Tue, Nov 01, 2011

Payroll, Taxes, Job Costing Fast Easy Accounting 206-361-3950

You May Think Otherwise - After reading this because it may not seem as good an idea as you first thought. In addition to the costs of advertising, reading a lot of fiction stories (resume's), interviewing candidates (like a brand new car on the showroom floor), job-seekers are the best they will ever be during the interview. After that it is all downhill and the only question is how fast.

We Are - Construction Bookkeeping And Accounting specialists highly skilled with QuickBooks For Contractors

We Have Interviewed - Hundreds of candidates for Construction Bookkeeping positions and 90% of them said they could do the job...IF WE TRAINED THEM!

Training And Education - Is something that is sold at colleges and universities. I know because I have invested many tens of thousands of dollars and several years of hard work on training and education. And I continue to invest thousands of dollars and even more hours to maintain all of the certifications I have acquired in several areas of expertise.

Whenever A Job Seeker - Suggests we provide them with training what they asking for is a private tutor, in this case a professional Construction Bookkeeping and Accounting specialist that costs our firm between $75.00 and $125.00 an hour including overhead to sit with them and tie up tens of thousands of dollars’ worth of equipment and overhead at no charge. And this doesn’t even count the added cost of having them on the payroll. Whenever I hear this I wonder what color is the sky in their world and what kind of music is played there? Seems like a fun relaxing place for a vacation!

We Have - Professional Bookkeepers skilled in Construction Bookkeeping And Accounting. Finding them takes a lot of time, money and effort because we need people with a deep understanding of how the construction industry works and they need to have excellent bookkeeping skills. We have the best construction bookkeeping and accounting staff for what we do and are very grateful to them for being on our team. And we provide them with ongoing training and support to keep everyone at peak performance.

The Right Perks Are Important - So we invest in things to make the work environment comfortable for our staff. Click Here To Learn More

Human Resources - Is an area I will not even discuss here. For the smaller firms with annual sales volumes under $5,000,000.00 I strongly suggest you work with an employment attorney to develop your employment agreements. We are looking for a good employment attorney in the North King County to South Snohomish County Washington area to add to our Trusted Sources Page if you know of one you like and trust.

Fully Burdened Bookkeeper Cost - Simply means what it will cost you to hire someone including the company portion of the payroll taxes and all those little costs that only an accountant like me would think about. The example below shows a part-time in-house bookkeeper at $15.00 an hour working 10 hours a week. Notice this poor soul does not have any benefits at all and they still cost the company $25.29 per hour!

Actual cost for bookkeeper paid $15 per hour for 10 hours a week

These costs do not include heavy training for your bookkeeper; read The Nine Steps for more

The Two Happiest Days - In a boat owners life is the day he buys a boat and the day he sells it! In between he learns that B.OA.T. means Bring Out Another Thousand

The Two Happiest Days - In a construction company owner's life is the day he hires a bookkeeper and the day he outsources his bookkeeping.

In Between He Learns How To Identify Bad Bookkeepers The Hard Way!

In The End - Bad Bookkeepers will leave you with unfiled and unpaid taxes, wide-eyed, stupid, mouth open, standing in the middle of the highway, gasping for air, upset, with tear stained checks, staring at what remains of your business, crashed, rolled over, upside down, in the ditch, on fire, with flames belching from all sides with no hope in sight.

And then things get real ugly as you recall reading The General Contractor And The River Of Construction Commerce and realize all of this could have been avoided!

Please forgive the graphic nature of this picture. In some ways I can relate to the men and women of the highway patrol who have seen to many traffic wrecks where people were hurt or lost their lives because they did not wear a seat belt.

I have seen bad bookkeepers ruin many businesses, especially construction businesses. In most cases it was incompetence and in other cases it appears to have been deliberate. All I know for sure is that I have witnessed business failures that have led to divorce, families destroyed, finances wiped out and people living on the streets. In a few extreme cases I know of contractors that have taken their own lives.

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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. 

 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.

Our Contractor Bookkeeping Services System Is A System

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Thinking About Outsourcing Your Contractors Bookkeeping Services To Save Time And Money?

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Need Help Now?

Call Sharie 206-361-3950

sharie@fasteasyaccounting.com

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About The Author:

Randal DeHart, PMP, QPA The Construction Accountant 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. Check out our Contractor Success Map Podcast on iTunes and Follow Randal on Google+

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