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    The Right Accounting Software Can Increase Your Profits

    Posted by Sharie DeHart on Fri, Mar 26, 2021

    Most construction business owners who use accounting software quickly master the basics. They automate processes like invoicing and payroll, track expenses, and view real-time financial reports to manage cash flow and make better business decisions. 

    What three reports do you need for your construction business?

    #1 Cash On Hand - This report shows you how much cash you have in your checking accounts, savings accounts, payroll accounts, hip national bank (your wallet), and petty cash box in your office. 

    #2 Cash Coming In - This report shows you how much cash your customers and clients owe you and how much of it will be likely to receive in the next 30-60-90 days.

    #3 Cash Going Out - This report shows you how much cash you owe yourself, suppliers, employees, and the taxman and how much of it will be likely to pay out in the next 30-60-90 days.

    Read More

    Topics: QuickBooks Product Information, Xero, What Is Xero Accounting Online, QuickBooks Construction Accounting, Contractor Tips

    What Is Xero Accounting Online And Why Are We Offering It?

    Posted by Randal DeHart on Thu, Oct 31, 2013

    What Is Xero Accounting Online?

    Read More

    Topics: What Is Xero Accounting Online

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