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    Common Bookkeeping Pitfalls And The Value Of Outsourced Accounting

    Posted by Sharie DeHart on Fri, Dec 20, 2019

    Although most construction company owners recognize the importance of careful financial management, few want to spend their time dealing with numbers. Unfortunately, not keeping a close eye on your income and expenses can be very costly for a business.
     
    Here are five of the most common bookkeeping pitfalls, and some simple tips for getting back on track.

    1. Mixing business and personal

    All too often, contractors adapt a "buy now, sort later" approach to expenses, using the same credit card for personal and professional purchases. At the end of the month, they're left poring over statements, trying to sort things out. Mixing business and personal expenses cost extra hours of bookkeeping each month and muddles your overall financial picture.

    Avoid this pitfall by using a separate credit card and bank account for business, and being disciplined about separating expenditures.

     

    Read More

    Topics: Outsourced bookkeeping, outsourced construction accounting and bookkeeping, Accounting, Contractor, Contractor Tips, Contractor Operating Tips, Construction Systems And Processes

    PDCA Seattle/King County Chapter Meeting January 2012

    Posted by Randal DeHart on Thu, Jan 12, 2012

    Thank You Darylene Dennon of Solid Energy Inc. for inviting me to present "Stop Losing Money In Your Business" last evening, January 12, 2012. Please click here to download my slideshow

    Read More

    Topics: QuickBooks Help, Nine Steps To Construction Accounting, PDCA, Business Process Management For Contractors, Accounting, QuickBooks Setup

    Bookkeeping And Accounting Services For Contractors

    Posted by Randal DeHart on Mon, Dec 26, 2011

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    Topics: Payroll Tax, QuickBooks For Contractors, Construction Bookkeeping, Construction Bookkeeping And Accounting, Sales Tax Reports, Accounting

    Why Construction Company Owners Need A Mentor

    Posted by Randal DeHart on Thu, Dec 22, 2011

    Contractors Are Tough Self Reliant Men And Women

    Sometimes Too Self Reliant - Because we tend to become set in our ways and almost every thought, belief and action is based upon past habits and paradigms. 

    Read More

    Topics: Bookkeeping Services, Business Process Management For Contractors, contractors bookkeeping and accounting, Accounting, BPM, contractors bookkeeping and accounting seattle

    The Nine Steps To Construction Bookkeeping And Accounting

    Posted by Randal DeHart on Wed, Nov 09, 2011

    Contractors Bookkeeping Services Nine Steps

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    Topics: Nine Steps To Construction Accounting, Bookkeeping Services, QuickBooks For Contractors, Construction Bookkeeping, Business Process Management For Contractors, QuickBooks, Accounting, Bookkeeper

    Outsourced Contractors Bookkeeping Is It Worth it?

    Posted by Randal DeHart on Mon, Oct 17, 2011

    It Depends - Are You Proactive or Reactive?

    • Proactive Business Owners use management reports for strategic planning to optimize profit and growth
    • Reactive Business Owners wait until the taxes are filed to find out what happened and never plan ahead
    • Proactive Business Owners understand the value of construction bookkeeping and accounting
    • Reactive Business Owners know they can always find a cheap bookkeeper and think they are saving money.
    Read More

    Topics: Construction Bookkeeping, Outsourced bookkeeping, Accounting

    Why Professional Bookkeepers Cost Less Than Bad Bookkeepers

    Posted by Randal DeHart on Wed, Sep 14, 2011

    The First Thing You Need To Know Is Bad Bookkeepers Have A Code Of Misconduct:

    Rule #1 - Work expands to fill the time allowed for it or the outer edge of what business owner will tolerate

    Read More

    Topics: Bad Bookkeepers, Cheap Bookkeepers, Professional Bookkeepers, Seattle, Bookkeeping, Bookkeeping Services, QuickBooks For Contractors, Construction Accounting, Construction Bookkeeping And Accounting, QuickBooks, contractors bookkeeping and accounting, Accounting, Bookkeeper, QuickBooks Setup

    Bookkeeping Services For Contractors Using QuickBooks

    Posted by Randal DeHart on Fri, Aug 26, 2011

    Bookkeeping Services For Construction Bookkeeping, Payroll Processing And Quarterly Reports At Lower Costs With Superior Results - Your annual tax return preparer, banker, attorney and financial planner will love you for it.

    Read More

    Topics: Bookkeeping Services, QuickBooks For Contractors, Construction Bookkeeping, Construction Accounting, 80 20 Rule, Accounting, Bookkeeper

    QuickBooks Setup And Chart of Accounts For DIY Contractors
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    click to download the Contractors APP now from the App Storeclick to download the Contractors APP now from the Android store

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