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    Smart Contractors Spend Money On Marketing, Accounting, And Production

    Posted by Sharie DeHart on Fri, Dec 25, 2020

    There is no better time to reflect and think seriously about your construction business. Excellent organization systems add considerable value to any business because they allow you to spend more time working on your business rather than on it.

    Year over year and regardless of the economy, one thing never changes; 20% of the contractors earn and keep 80% of the profits because they have a Business Process Management Strategy like our Contractors Success M.A.P. that tells them how, what, when, where and why to focus their limited resources on the M.A.P. = Marketing / Accounting / Production.

    FEA25 New call-to-action

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    Topics: The Contractors Account, Construction Marketing, Construction Accounting, MAP vs. PAM, contractors bookkeeping and accounting, Accounting Software for Contractors, Contractor, Construction Productivity

    The Value Of Time And Bookkeeping For Construction Business Success

    Posted by Sharie DeHart on Fri, Dec 11, 2020

    Keeping track of sales, earnings, expenses, and purchases are fundamental to your construction business's overall health and sustainability. Effective bookkeeping produces the data you need to evaluate your current practices, anticipate challenges, and set attainable future goals. But despite their proven importance, many business owners dread and avoid accounting tasks.

    Smart Contractors know their time is more valuable spent meeting prospective clients, putting together bids, managing job sites, and many other things other than bookkeeping. So they find someone else to do it. 

    Any bookkeeping and accounting firm that does not know how to calculate complex algorithms that take into account fluctuations in the workload and generate a monthly fee that is fair to you and them they need to go back to school and take those courses on Decision Modeling, Statistical Analysis, and Business Process Management.

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    Topics: The Contractors Account, Bookkeeping Services, Construction Accounting, contractors bookkeeping and accounting, outsourced construction accounting and bookkeeping, Accounting Software for Contractors, Contractor

    Answers To Frequently Ask Questions About Our Bookkeeping Services

    Posted by Sharie DeHart on Fri, Dec 04, 2020

    One of the biggest concerns contractors have about outsourcing their bookkeeping to a cloud-based contractor accounting service like ours, is they think it means sending jobs off-shore rather than keeping your dollars in America where they can help other Americans. In too many cases, that is precisely what occurs.
     
    Many contractors would like to subcontract out their bookkeeping services, and the two main reasons they don't is - fear of losing control and cost.
     
    To paraphrase an old quote and adapt it to the construction industry, "It is not the strongest, toughest, hardest working construction contractor that survives, nor the most intelligent among them. It is the construction contractors that are most adaptable to change."
     
     
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    Topics: FAQs, The Contractors Account, Construction Accounting, contractors bookkeeping and accounting, Accounting Software for Contractors, Contractor

    What Does Your Accounting System Say About Your Construction Business?

    Posted by Sharie DeHart on Fri, Oct 09, 2020

    How many times a day do you hear from someone saying, “It’s Boring", or "I’m Bored.” It is a red flag that should light up your “Oh Crap” meter. Moreover, more important, whenever an employee says it. Because this usually means they are shortcutting the work versus the fact that you have so many right processes in place that the work is genuinely dull. Being bored is a factor in manufacturing jobs.

    I saw a special where a manufacturer described how the process is that they moved employees on a scheduled basis between workstations to help them avoid boredom and stay fresh throughout their workday. Proved to be a Win-Win for everyone. Studies found that alert employees have fewer accidents, which in turn reduces your cost of doing business and raises cash flow and profits.

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    Topics: The Contractors Account, Construction Accounting, contractors bookkeeping and accounting, Accounting Software for Contractors, Contractor

    Contractor Bookkeeping Basics Explained

    Posted by Sharie DeHart on Fri, Mar 31, 2017

    Contractor Bookkeeping Basics and Why

    Today’s technology says “Do Everything On Your Phone”

    Use an app to create an estimate, or better yet just send the estimate in the body of the email. That works when the customer’s reply is “Do It”. Great you start the job, finish the job, never send the customer an invoice; Why – They Don’t Need One – they know how much to pay from your original email because you included short explanatory paragraphs about each item of work you did.

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    Topics: Contractor Bookkeeping, contractors bookkeeping and accounting

    QuickBooks Job Estimate Reports For Construction Companies

    Posted by Randal DeHart on Mon, Feb 20, 2012

    Job Estimates vs. Actuals Summary - Report shows you how accurately your company was on estimating. This report summarizes estimated versus actual costs and compares estimated revenue to actual revenue for all customers that have an active estimate.

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    Topics: QuickBooks For Contractors, QuickBooks, contractors bookkeeping and accounting, Reports, QuickBooks For Contractors Setup

    QuickBooks Job Profitability Reports For Construction Companies

    Posted by Randal DeHart on Mon, Feb 20, 2012

    QuickBooks Job Profitability Reports

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    Topics: Business Process Management For Contractors, QuickBooks, contractors bookkeeping and accounting, QuickBooks Clean-Up, Reports, BPM, Key Performance Indicators, KPI

    QuickBooks Financial Baseline Reports For Your Construction Company

    Posted by Randal DeHart on Mon, Feb 20, 2012

    Construction Businesses Using QuickBooks - Need quarterly snap shots of your five Key Performance Indicator Reports for developing your Business Strategy and maintaining your Business Plan projections vs. actuals reports.

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    Topics: Bookkeeping Services, contractors bookkeeping and accounting, outsourced construction accounting and bookkeeping, Reports, Key Performance Indicators, KPI, contractors bookkeeping and accounting seattle

    Year End QuickBooks Journal Entries From Your Tax Accountant

    Posted by Randal DeHart on Fri, Feb 17, 2012

    It Is Tax Time Again - And if your tax preparer sends you a bunch of "Journal Entries" for your QuickBooks call Sharie 206-361-3950 or email her Sharie@FastEasyAccounting.com and we can help you with it.

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    Topics: Construction Bookkeeping, contractors bookkeeping and accounting, Tax Accountants, Journal Entries

    QuickBooks Is Deaf, Dumb And Blind!

    Posted by Randal DeHart on Fri, Feb 17, 2012

    And It Is Still The Best Construction Software On The Market!

    Do You Ever Sit And Stare - At QuickBooks on your computer screen and asked yourselft how can a program that is supposed to be so easy get off track so fast?

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    Topics: Construction Bookkeeping And Accounting, QuickBooks, MAP vs. PAM, contractors bookkeeping and accounting, Million Dollar Conversations

    QuickBooks Setup And Chart of Accounts For DIY Contractors
    Download Our Free App For Construction Contractors

    click to download the Contractors APP now from the App Storeclick to download the Contractors APP now from the Android store

    Access Code: FEAHEROS

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