Note: We are tracking the latest construction industry news and online resources for contractors in the time of COVID-19.
Please note that the PPP loans are closed; and other SBA loans are hard to get.

FEA Randal And Train
Call Us At 1-800-361-1770
Bookkeeping Trial Test Drive
Outsourced Accounting
Contractor Bookkeeping Templates For QuickBooks And Xero
Construction Accounting Academy

    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

    Are You A Contractor Who Babysits Your Bookkeeping Department?

    Posted by Randal DeHart on Fri, Apr 17, 2015


    Does Your Construction Company Bookkeeper Make

    You Feel Like You Have An Adult Day Care Center?

    Is efficient bookkeeping difficult to achieve? Is your construction company underutilizing software? Do you have lack of confidence in your QuickBooks financial and Job Costing Reports? 

    Are you babysitting your bookkeeper who is supposed to be saving you time and money, not causing you to multitask instead of focusing on things that make you money?

    Are you a $100 an hour producer being slowed down by a $15 hour bookkeeper who has to be told what to do over, and over and over?

    Read More

    Topics: Contractors Bookkeeping, Contractors Bookkeeping Services, Outsourced bookkeeping, QuickBooks Setup

    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?

    Read More

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

    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

    accounting articles

    Subscribe by Email

    How Can We Help?

     
    Contractors Bookkeeping And Accounting Services

    Who We Help

    How We Help

    Next Step

    FAQ's

    Contractors Bookkeeping And Accounting Services

    Outsourced Construction Accounting Services For Contractors All Across The U.S.A. By Fast Easy Accounting 206-361-3950

    Serving Construction Contractors
    Across The U.S.A
    Including Alaska
    And Hawaii

    Podcast On iTunes
     
    Click Here To Listen In iTunes
    Contractor  Success M.A.P.
    Contractors Bookkeeping And Accounting Services

    Remote Access Your QuickBooks  Using Secure Servers

    Outsourced Bookkeeping Services For Contractors At Fast Easy Accounting

    Contractors Bookkeeping And Accounting Services

    T Sheets Pro Advisor Fast Easy Accounting

    Mobile Time Cards 

    Eliminate the job site to office paper shuffle

    Start My Free 14 Day TSheets Trial  

    Contractors Bookkeeping And Accounting Services

    Fast Easy Accounting Construction Accounting Specialists Member Of National Association Of Home Builders NAHB

    Contractors Bookkeeping And Accounting Services

    mbamember

    Join Our MBA Network

    Most Popular Posts

    Read the Latest:

    Browse by Tag

    badge

    Blog Suggestion Box

    We Remove Contractor's Unique Paperwork Frustrations

    Quickbooks certified proadvisor

    Xero-Accounting-Services-Fast-Easy-Accounting

    Financial-Intelligence-And-Performance-Reporting-Tool-Fast-Easy-Accounting Hubdoc-Document-Collection-and-Management-System MBA Member Fast Easy Accounting 206-361-3950
     
    contractor-success-map-podcast-listen
     
    Don't forget, you can hire our services at FastEasyAccounting.com
     
     
    How To Use Our Services