---
title: Contractor Bookkeeping Services
description: Professional Bookkeeping services for construction contractors across the USA including Alaska And Hawaii
---

Do you have questions about QB update, QuickBooks Desktop, or construction bookkeeping?

Please [call](tel:+12063613950) or [email](mailto:bookkeeping@fasteasyaccounting.com) to schedule a complimentary consultation. 

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- [Welcome](https://www.fasteasyaccounting.com/welcome) 
    - [Construction And Coronavirus](https://www.fasteasyaccounting.com/construction-industry-news)
    - How We Work > 
          - [Who We Help](https://www.fasteasyaccounting.com/contractors-that-we-help)
          - [How We Help](https://www.fasteasyaccounting.com/how-we-help-contractors-to-succeed)
          - [Becoming A Client](https://www.fasteasyaccounting.com/next-step-to-becoming-a-client-of-fast-easy-accounting)
    - [Calculators](https://www.fasteasyaccounting.com/calculators)
    - Hello, Future Client! > 
          - [Why Hire Us](https://www.fasteasyaccounting.com/why-it-makes-sense-to-hire-us)
          - [Contractor Bookkeeping Workflow](https://www.fasteasyaccounting.com/contractor-bookkeeping-workflow)
    - [Chat With Sharie](https://www.fasteasyaccounting.com/chat-with-sharie)
    - [Contractors Helpline](https://www.fasteasyaccounting.com/contractors-helpline)
    - [What Contractors Want](https://www.fasteasyaccounting.com/what-contractors-have-the-right-to-expect-from-their-bookkeeping-service)
    - [Survey Form](https://www.fasteasyaccounting.com/sdleads)
    - [Contact Us](https://www.fasteasyaccounting.com/contact)
    - [Refer A Friend](https://www.fasteasyaccounting.com/refer-a-friend)
    - [Leave Us A Review](https://www.fasteasyaccounting.com/leave-us-a-review)
    - [Reviews And Testimonials](https://www.fasteasyaccounting.com/client-reviews-and-testimonials)
    - [Review Us On Angie's List](https://member.angieslist.com/member/reviews/edit?serviceProviderId=10369138)
- [Services](https://www.fasteasyaccounting.com/services) 
    - [Free One-Hour Consultation](https://www.fasteasyaccounting.com/contractors-consulting)
    - [Outsourced Accounting](https://www.fasteasyaccounting.com/xero-contractor-outsourced-accounting)
    - [Construction Accounting Academy](https://www.fasteasyaccounting.com/construction-accounting-academy)
    - [Bookkeeping Review](https://www.fasteasyaccounting.com/contractor-bookkeeping-review-for-contractors-using-quickbooks-or-xero)
    - [Bookkeeping Templates](https://www.fasteasyaccountingstore.com/)
    - [Consulting Packages](https://www.fasteasyaccounting.com/Consulting-Package-For-Small-Construction-Companies) 
          - [Free One-Hour Consultation](https://https://www.fasteasyaccounting.com/contractors-consulting)
          - [Profit And Growth Coaching](https://www.fasteasyaccounting.com/profit-and-growth-consulting-for-small-construction-companies)
          - [Contractors Need Results Not Just Advice](https://www.fasteasyaccounting.com/contractors-need-results-not-just-advice)
    - [Click here for more services...](https://www.fasteasyaccounting.com/services)
- [Reports](https://www.fasteasyaccounting.com/reports-for-your-construction-company) 
    - [Free One Hour Consultation](https://www.fasteasyaccounting.com/free-one-hour-consultation-quickbooks-reports-for-contractors)
    - [QuickBooks Financial Baseline Reports](https://www.fasteasyaccounting.com/quickbooks-financial-baseline-reports)
    - [QuickBooks Job Profitability Reports](https://www.fasteasyaccounting.com/quickbooks-construction-job-profitability-reports)
    - [QuickBooks Profit And Loss Report](https://www.fasteasyaccounting.com/quickbooks-profit-and-loss-report)
    - [QuickBooks Balance Sheet Report](https://www.fasteasyaccounting.com/quickbooks-balance-sheet-report)
    - [QuickBooks Employee Loan Reports](https://www.fasteasyaccounting.com/quickbooks-employee-loan-reports)
    - [QuickBooks Job Estimate Reports](https://www.fasteasyaccounting.com/quickbooks-construction-job-estimate-reports-for-construction)
    - [QuickBooks Receivables Report](https://www.fasteasyaccounting.com/quickbooks-receivables-report)
    - [QuickBooks Payables Report](https://www.fasteasyaccounting.com/quickbooks-payables-report)
    - [QuickBooks Job Costing Reports >](https://www.fasteasyaccounting.com/quickBooks-job-costs-reports) 
          - [Job Costs To Complete By Job](https://www.fasteasyaccounting.com/job-costs-to-complete-by-job)
          - [Job Costs To Complete by Job Detail](https://www.fasteasyaccounting.com/job-costs-to-complete-by-job-detail)
          - [Job Costs By Vendor and Job Summary](https://www.fasteasyaccounting.com/Job-costs-by-vendor-and-job-summary)
          - [Job Costs By Vendor And Job Detail](https://www.fasteasyaccounting.com/job-costs-by-vendor-and-job-detail)
          - [Job Costs By Job and Vendor Summary](https://www.fasteasyaccounting.com/job-costs-by-job-and-vendor-summary)
          - [Job Costs By Job And Vendor Detail](https://www.fasteasyaccounting.com/job-costs-by-job-and-vendor-detail)
          - [Job Costs Detail Report](https://www.fasteasyaccounting.com/job-costs-detail-report)
          - [Job Costing W.I.P. Reports](https://www.fasteasyaccounting.com/job-costing-w-i-p-reports-quickbooks)
          - [Unpaid Bills By Job Report](https://www.fasteasyaccounting.com/unpaid-bills-by-job-report)
          - [Unpaid Job Bills By Vendor](https://www.fasteasyaccounting.com/unpaid-job-bills-by-vendor)
          - [Expenses Not Assigned to Jobs](https://www.fasteasyaccounting.com/expenses-not-assigned-to-jobs)
          - [Job Status Report](https://www.fasteasyaccounting.com/quickBooks-job-status-report)
    - [QuickBooks Cloud Based Reports](https://www.fasteasyaccounting.com/quickbooks-cloud-based-reports)
    - [QuickBooks Cash Report](https://www.fasteasyaccounting.com/quickbooks-cash-report)
    - [Other QuickBooks Reports For Your Construction Com](https://www.fasteasyaccounting.com/Other-QuickBooks-Reports-For-Your-Construction-Company)
    - [Key Performance Indicators (KPI) Reports](https://www.fasteasyaccounting.com/key-performance-indicators-kpi-reports)
    - [Contractors Need Reports Not Bookkeeping](https://www.fasteasyaccounting.com/contractors-need-reports-not-bookkeeping)
    - [Customize QuickBooks Reports](https://www.fasteasyaccounting.com/quickbooks-reports-customized-for-your-construction-company)
- [Strategy](https://www.fasteasyaccounting.com/winning-strategies-for-your-construction-company) 
    - [Strategy Details](https://www.fasteasyaccounting.com/Strategy-Details)
    - [LMOS™](https://www.fasteasyaccounting.com/lmos)
    - [Start A Profitable Construction Company](https://www.fasteasyaccounting.com/starting-profitable-construction-company-unique-secrets-revealed)
    - [Process Dependent Vs. People Dependent](https://www.fasteasyaccounting.com/process-dependent-vs-people-dependent-construction-company)
    - [Emerging Contractor Program](https://www.fasteasyaccounting.com/emerging-contractor-program)
    - [Marketing >](https://www.fasteasyaccounting.com/marketing-plan-for-construction-your-company) 
          - [High Profit Repeat Construction Clients](https://www.fasteasyaccounting.com/high-profit-repeat-construction-clients)
          - [Contractor Six-Pack Marketing](https://www.fasteasyaccounting.com/contractors-six-pack-marketing-means-easy-sales)
          - [MAP Vs PAM In Construction](https://www.fasteasyaccounting.com/map-vs-pam-in-construction)
          - [Marketing Tip For Sub-Contractors](https://www.fasteasyaccounting.com/marketing-tip-for-sub-contractors)
          - [Marketing Productivity Reports](https://www.fasteasyaccounting.com/construction-company-marketing-productivity-reports)
          - [Service Agreements Increase Cash And Profits](https://www.fasteasyaccounting.com/service-agreements-can-increase-your-contracting-company-cash-flow-and-profits)
    - [Accounting >](https://www.fasteasyaccounting.com/your-accounting-system-for-your-construction-company) 
          - [Construction Accounting Vs Regular Accounting](https://www.fasteasyaccounting.com/construction-accounting-vs-regular-accounting)
          - [QuickBooks Vs Xero](https://https://www.fasteasyaccounting.com/quickbooks-vs-xero-accounting-online)
          - [Accounting System](https://www.fasteasyaccounting.com/your-accounting-system-for-your-construction-company)
          - [Contractor Bookkeeping Workflow](https://www.fasteasyaccounting.com/contractor-bookkeeping-workflow)
    - [Production >](https://www.fasteasyaccounting.com/uda-construction-suite-advisor) 
          - [What is Ten Minutes Costing Your Company](https://www.fasteasyaccounting.com/what-is-ten-minutes-costing-your-company)
          - [Give Customers What They Want](https://www.fasteasyaccounting.com/give-clients-and-customers-what-they-want)
          - [Accepting Credit Cards Increases Sales And Profits](https://www.fasteasyaccounting.com/accepting-credit-cards-increases-sales-and-profits-immediately)
          - [Top Five Secrets](https://www.fasteasyaccounting.com/secrets-of-successful-construction-companies)
          - [High-Profit Clients](https://www.fasteasyaccounting.com/high-profit-repeat-construction-clients)
          - [80-20 Rule For Construction](https://www.fasteasyaccounting.com/the-80-20-rule-for-construction-using-business-process-management)
    - [Construction Psychology >](https://www.fasteasyaccounting.com/Construction-Psychology) 
          - [Spouse Bookkeeping & Divorce](https://www.fasteasyaccounting.com/contractor-spouse-bookkeeping-and-divorce)
          - [Construction Leadership Styles](https://www.fasteasyaccounting.com/construction-leadership-styles)
          - [Construction Company Board of Advisors](https://www.fasteasyaccounting.com/construction-company-board-of-advisors)
          - [Construction Definitions](https://www.fasteasyaccounting.com/construction-definitions-funny-and-serious-0)
          - [Construction River of Commerce](https://www.fasteasyaccounting.com/construction-river-of-commerce)
          - [Construction Project Manager PMP](https://www.fasteasyaccounting.com/construction-project-manager-PMP)
          - [Construction Project Manager Thinking Patterns](https://www.fasteasyaccounting.com/construction-project-manager-thinking-pattens)
          - [Construction Worker Thinking Patterns](https://www.fasteasyaccounting.com/construction-worker-thinking-pattens)
          - [Construction Apprentice Thinking Patterns](https://www.fasteasyaccounting.com/construction-Construction-apprentice-thinking-patterns)
          - [Construction Bookkeeping Personalities Review](https://www.fasteasyaccounting.com/construction-bookkeeping-personalities-review)
          - [Professional Bookkeepers Traits](https://www.fasteasyaccounting.com/professional-bookkeepers-traits)
          - [Bad Bookkeeper Traits](https://www.fasteasyaccounting.com/bad-bookkeeper-traits)
          - [Bad Bookkeepers Train Their Boss](https://www.fasteasyaccounting.com/bad-bookkeepers-train-their-boss)
          - [Bad Bookkeepers Can Raise Your Taxes](https://www.fasteasyaccounting.com/bad-bookkeepers-can-raise-your-taxes)
          - [Bookkeepers Who Will Destroy Your Construction Company](https://www.fasteasyaccounting.com/bookkeepers-who-will-destroy-your-construction-company)
          - [Cheap Bookkeepers Are Very Expensive](https://www.fasteasyaccounting.com/bad-bookkeepers-can-raise-your-taxes-0)
          - [Embezzlement Construction Bookkeepers](https://www.fasteasyaccounting.com/bookkeeper-theft)
          - [Incompetent Bookkeepers Are More Expensive](https://www.fasteasyaccounting.com/incompetent-bookkeepers)
          - [Is Your Bookkeeper Training You?](https://www.fasteasyaccounting.com/is-your-bookkeeper-training-you)
          - [Why Bookkeepers Embezzle And Steal](https://www.fasteasyaccounting.com/why-bookkeepers-embezzle-and-steal)
          - [Leveling Up Makes You Money](https://www.fasteasyaccounting.com/people-tend-to-level-to-the-strongest-personality-in-the-group)
          - [Construction Business Operating Like Fire Fighters](https://www.fasteasyaccounting.com/construction-business-operating-like-fire-fighters)
          - [Who Really Owns Your Construction Company](https://www.fasteasyaccounting.com/who-really-owns-who-in-your-construction-business-)
          - [Four Levels Of Learning](https://www.fasteasyaccounting.com/four-levels-of-learning)
          - [Four Types Of Contractors](https://www.fasteasyaccounting.com/four-types-of-contractors)
          - [Three Types Of Construction Workers](https://www.fasteasyaccounting.com/three-types-of-construction-workers)
          - [Contractor's Business Round Table Reduces Sales An](https://www.fasteasyaccounting.com/contractors-business-round-table-reduces-sales-and-profits)
          - [Journeymen Vs. Subcontractors](https://www.fasteasyaccounting.com/journeymen-vs-subcontractors)
          - [People Who Got You Where You Are Cannot Take You W](https://www.fasteasyaccounting.com/people-who-got-you-where-you-are-cannot-take-you-where-you-are-going)
          - [Contractors Who Adapt Survive And Continually Incr](https://www.fasteasyaccounting.com/contractors-who-adapt-survive-and-continually-increase-profits)
          - [The Truth About Owning A Construction Company](https://www.fasteasyaccounting.com/the-truth-about-owning-a-construction-company)
          - [Seven Shocks Every Contractor Will Experience](https://www.fasteasyaccounting.com/seven-unique-shocks-every-contractor-will-experience)
          - [Construction Worker Thinking Too Much Can Lead To](https://www.fasteasyaccounting.com/construction-worker-thinking-to-much-can-lead-to-injuries)
          - [Contractors Need Results Not Advice](https://www.fasteasyaccounting.com/contractors-need-results-not-school)
          - [Makers Vs. Takers](https://www.fasteasyaccounting.com/makers-vs-takers)
          - [Contractors We Cannot Help](https://www.fasteasyaccounting.com/contractors-we-cannot-help)
    - [Management Tips >](https://www.fasteasyaccounting.com/additional-business-process-management-tips-for-construction-business-owners) 
          - [Paradigm Shift](https://www.fasteasyaccounting.com/paradigm-shift)
          - [The Business Cycle](https://www.fasteasyaccounting.com/the-business-cycle-in-construction)
          - [Demings 14 Points](https://www.fasteasyaccounting.com/Demings-14-Points)
          - [Business Round Table](https://www.fasteasyaccounting.com/business-round-table)
          - [Contractor Not A Banker](https://www.fasteasyaccounting.com/contractor-not-a-banker)
          - [Construction Company Profits Defined](https://www.fasteasyaccounting.com/construction-company-profits-defined)
          - [Possilbe 100% ROI](https://www.fasteasyaccounting.com/unique-contractor-investment-that-can-return-over-one-hundred-percent)
          - [Earn 36% Annualized R.O.I. From Payables](https://www.fasteasyaccounting.com/earn-36-annualized-roi-from-payables)
          - [MR > MC](https://www.fasteasyaccounting.com/marginal-revenue-greater-than-marginal-cost)
          - [White Board Construction Scheduling](https://www.fasteasyaccounting.com/construction-scheduling-using-dry-erase-white-board)
          - [Construction Job Cash Flow Example](https://www.fasteasyaccounting.com/construction-job-cash-flow-example)
          - [Customers Vs. Clients](https://www.fasteasyaccounting.com/customers-vs-clients)
          - [Meyers Briggs Personality Profile](https://www.fasteasyaccounting.com/meyers-briggs-personality-profile)
- [Consulting](https://www.fasteasyaccounting.com/contractors-consulting) 
    - Free Forms
    - [Free One Hour Consultation](https://www.fasteasyaccounting.com/free-one-hour-consultation-consulting)
    - [Contractors Success M.A.P.](https://www.fasteasyaccounting.com/contractors-success-map)
    - [Contractors Success Map Podcast](https://www.fasteasyaccounting.com/contractors-success-map-podcast) 
          - [Podcast Bonus](https://www.fasteasyaccounting.com/www.fasteasyaccounting.com/podcast-bonuses)
    - [Profit And Growth Coaching](https://www.fasteasyaccounting.com/profit-and-growth-coaching)
    - [Contractors Consulting Outline](https://www.fasteasyaccounting.com/contractors-consulting-outline)
    - [The 80 20 Rule For Construction](https://www.fasteasyaccounting.com/the-80-20-rule-for-construction-using-business-process-management)
    - [Increase Profits Riding The Crest](https://www.fasteasyaccounting.com/help-contractors-increase-profits-greatly-on-crests-of-economic-waves)
    - [Consulting Package](https://www.fasteasyaccounting.com/Consulting-Package-For-Small-Construction-Companies)
    - [Key Performance Indicators KPI >](https://www.fasteasyaccounting.com/key-performance-indicators-kpi) 
          - [KPI Cash Report](https://www.fasteasyaccounting.com/five-quickbooks-reports-every-contractor-needs-cash-report)
          - [KPI Receivables Report](https://www.fasteasyaccounting.com/five-quickbooks-reports-every-contractor-needs-receivables-report)
          - [KPI Payables Report](https://www.fasteasyaccounting.com/five-quickbooks-reports-every-contractor-needs-payables-report)
          - [KPI Profit And Loss Report](https://www.fasteasyaccounting.com/five-quickbooks-reports-every-contractor-needs-profit-and-loss-report)
          - [KPI Balance Sheet](https://www.fasteasyaccounting.com/five-quickbooks-reports-every-contractor-needs-balance-sheet)
    - [Ten Minutes Waste Kills Profits](https://www.fasteasyaccounting.com/ten-minutes-waste-kills-profits)
    - [Marginal Revenue Vs. Marginal Cost](https://www.fasteasyaccounting.com/marginal-revenue-vs-marginal-cost-with-steps)
    - [Speaking Engagements Construction](https://www.fasteasyaccounting.com/speaking-engagements-contractor-meetings)
- [Free Forms](https://www.fasteasyaccounting.com/free-resources-for-contractors) 
    - [Free Contracting Company Checklist](https://www.fasteasyaccounting.com/contracting-company-operations-checklist)
    - [Free Contractor Estimate (Excel)](https://www.fasteasyaccounting.com/free-construction-estimate-template)
    - [Free Contractor Invoice (Excel)](https://www.fasteasyaccounting.com/free-invoice-template-form-for-contractors)
    - [Free Contractor Invoice (PDF)](https://www.fasteasyaccounting.com/free-construction-invoice-template-on-pdf)
    - [Free Contractor Change Order (Word)](https://www.fasteasyaccounting.com/cow)
    - [Free Contractor Change Order (PDF)](https://www.fasteasyaccounting.com/free-contractor-change-order-template-pdf)
    - [Free Contractor Purchase Order (Excel)](https://www.fasteasyaccounting.com/free-contractor-purchase-order-template-excel)
    - [Free Contractor Purchase Order (PDF)](https://www.fasteasyaccounting.com/free-contractor-purchase-order-template-pdf)
    - [Free Time Card Templates >](https://www.fasteasyaccounting.com/free-sample-time-card-calculator-downloads) 
          - [Free Time Card Simple V1](https://www.fasteasyaccounting.com/free-timecard-simple)
          - [Free Time Card Simple V2](https://www.fasteasyaccounting.com/-free-timecard-simple-version-2)
          - [Free Time Card Calculator Weekly](https://www.fasteasyaccounting.com/free-time-card-calculator-weekly)
          - [Free Time Card Calculator Bi-weekly](https://www.fasteasyaccounting.com/free-time-card-calculator-bi-weekly)
- [Videos](https://www.fasteasyaccounting.com/videos-quickbooks-and-quickbooks-for-contractors-tips-and-tricks) 
    - [How To Upload Files](https://www.fasteasyaccounting.com/secure-file-send)
    - [How To Download Files](https://www.fasteasyaccounting.com/download-your-quickbooks-file-from-the-server)
- [Podcast](http://contractorsprofitandgrowthshow.com/) 
    - [Podcast Bonus](https://www.fasteasyaccounting.com/podcast-bonuses)
- [Blog](https://www.fasteasyaccounting.com/blog)
- [About](https://www.fasteasyaccounting.com/about) 
    - [Office Location](https://www.fasteasyaccounting.com/contact)
    - [Meet The Team](https://www.fasteasyaccounting.com/meet-the-team)
    - [Speaking Engagements](https://www.fasteasyaccounting.com/speaking-engagements-accounting-and-bookkeeping)
    - [Disclaimer](https://www.fasteasyaccounting.com/disclaimer)
    - [Privacy Policy](https://www.fasteasyaccounting.com/privacy-policy)
    - [Terms Of Service](https://www.fasteasyaccounting.com/terms-of-service)
    - [Security Policy](https://www.fasteasyaccounting.com/security-policy)

# **Reliable Bookkeeping Services For Contractors** **All Across The U.S.A.** **Including Alaska And Hawaii**

 

 

 

 

 

 

 

 

 

 

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## **Anything Not Part Of Your Core Construction**

## **Competency Is An Outsourcing Candidate**

**![Fast Easy Accounting Strategic Bookkeeping Services For Construction Companies](https://www.fasteasyaccounting.com/hs-fs/file-16960401-png/images/fast-easy-accounting-strategic-bookkeeping-services.png?width=640&name=fast-easy-accounting-strategic-bookkeeping-services.png)**

## **We Remove Contractor's Unique**

## **Paperwork Frustrations**

These days, contractors are under increased pressure to cut their prices to get enough work. And that means they need to reduce costs. New technologies and new approaches in cloud computing for construction accounting gives forward thinking contractors an amazing ability to get more for less - but in most cases, contractor's heads are still stuck in 1990, thinking they have to do everything themselves.

In addition, a lot of in-house bookkeepers are a part of the problem, fighting back hard at the thought of letting any jobs or control goes to someone else.

#### **Let’s Review This**

First, separate in your mind the concept of outsourcing contractor bookkeeping services and jobs because they are not the same thing. For example, suppose you decide to upgrade your contractor bookkeeping software from shoeboxes full of receipts or spreadsheets to a computer based construction accounting software like QuickBooks.

You can pay your bookkeeper to spend days or weeks trying to figure out how to setup QuickBooks for your construction company and in the end wonder why you don't have the Financial and Job Costing Reports you need to operate and grow your company, or you can outsource that task to someone who does it hundreds of times a year and add a few hours of tutoring for your in-house bookkeeper.

The result will be a QuickBooks file for construction that is designed to work the way you do and has a lot of memorized transactions, customized reports and accounts preset to handle things like:

- [QuickBooks Setup For Construction Company](https://www.fasteasyaccounting.com/quickbooks-for-contractors-set-up-properly/?hsLang=en)
- [Sales Tax Returns](https://www.fasteasyaccounting.com/help-with-washington-state-sales-tax-reports/?hsLang=en)
- [Payroll Processing](https://www.fasteasyaccounting.com/payroll-processing/?hsLang=en)
- [Payroll Tax Returns, 941 and 940](https://www.fasteasyaccounting.com/quarterly-tax-return-0/?hsLang=en)
- [Free Stand Alone Invoice For Contractors](https://www.fasteasyaccounting.com/free-invoice-form-for-contractors/?hsLang=en) 
- [Standard Invoicing Service](https://www.fasteasyaccounting.com/invoicing-And-Statements-Service-For-Construction/?hsLang=en)
- [Work In Progress (WIP) Reporting](https://www.fasteasyaccounting.com/reports-for-your-construction-company/?hsLang=en)
- Retention Tracking System
- Insurance Audit Reports
- [QuickBooks Reports](https://www.fasteasyaccounting.com/reports-for-your-construction-company/?hsLang=en)
- [Job Cost Reports](https://www.fasteasyaccounting.com/quickBooks-job-costs-reports/?hsLang=en)

- [Five Key Performance Indicator Reports](https://www.fasteasyaccounting.com/five-quickbooks-reports-every-contractor-needs/?hsLang=en) for monitoring your business

### **[There Is A Huge Difference Between Construction Accounting And Regular Accounting](https://www.fasteasyaccounting.com/construction-accounting-vs-regular-accounting/?hsLang=en)**

Construction Accounting is built on a foundation of regular accounting and shares the same basic financial reports for operating and growing a business and preparing annual tax returns and some very rudimentary management decisions. Construction accounting adds many complex layers of reporting mechanisms to show you, the contractor, where your best customers are within psychographic and geographic market segmentation boundaries using the 80/20 rule.

### **The 80/20 Rule Can Make You A Lot Of Money!**

### **For example:**

- 20% of your customers normally generate 80% of your net profit. 
- 20% of the goods or services you sell contribute 80% of your revenue
- 20% or 2 out of 10 of your staff create 80% of the value for your customers.

[![80/20 Rule Top 20%](https://www.fasteasyaccounting.com/hs-fs/file-27186853-png/images/80-20_rule_diagram_top_20-resized-600.png?width=525&height=433&name=80-20_rule_diagram_top_20-resized-600.png)](https://www.fasteasyaccounting.com/bookkeeping-services-for-construction-companies/?hsLang=en)

The frightening consequence of the 80/20 rule is that 8 out of 10 hours we spend at work drive almost no value to the bottom line and the biggest drain is trying to save money doing our own contractor bookkeeping instead of reviewing the [Key Performance Indicator (KPI) Reports](https://www.fasteasyaccounting.com/reports-for-your-construction-company/?hsLang=en). Through our contractors bookkeeping services system you can [access them 24/7 without opening QuickBooks for Contractors.](https://www.fasteasyaccounting.com/cloud-based-financial-reports/?hsLang=en)

 [![80/20 Rule Bottom 80%](https://www.fasteasyaccounting.com/hs-fs/file-27186774-png/images/80-20_rule_diagram_bottorm_80-resized-600.png?width=525&height=418&name=80-20_rule_diagram_bottorm_80-resized-600.png)](https://www.fasteasyaccounting.com/bookkeeping-services-for-construction-companies/?hsLang=en)

The most important value [good bookkeeping](https://www.fasteasyaccounting.com/construction-definitions-a-to-z/?hsLang=en) brings to a business is an understanding of where your 20% is hidden.  

By generating daily reports that uncover the best customers, jobs, services, or products, you will soon see how you can refocus your internal efforts on doing more good work.

This is the great contribution a company receives from good QuickBooks®  data and from using QuickBooks®  the ‘right-way’.

This is a short list of the Chart of Accounts commonly used for construction accounting and regular accounting. The list is intentionally short in order to make the point without being completely overwhelming.

**Construction Account = 233 Vs. Regular Accounting Titles = 115**

**![Construction Accounting Titles Vs. Regular Accounting Titles Fast Easy Accounting](https://www.fasteasyaccounting.com/hs-fs/file-277395120-png/images/construction-accounting-titles-vs-regular-accounting-titles-fast-easy-accounting.png?width=615&height=3084&name=construction-accounting-titles-vs-regular-accounting-titles-fast-easy-accounting.png)**

So we’re not talking about jobs. When I say, “outsource your contractors bookkeeping” I do not mean turn it all over to us or any other contractors bookkeeping service because this is a something that never seems to work out well. No, I’m talking about outsourcing specific bookkeeping services related to data entry, bills, payroll processing and preparing Quarterly Tax Returns.

NEVER, EVER let an outsider pay the bills, print checks and authorize payment for payroll or any tax payments. It is crucial your keep control of your money. In fact outsourcing contractors bookkeeping is one of the ways to [avoid bookkeeper embezzlement](https://www.fasteasyaccounting.com/why-bookkeepers-embezzle-and-steal/?hsLang=en)

My suggestion is to look at every part of your internal contractor bookkeeping service and ask yourself a simple question: is this a unique and critical part of our construction company and is it something that only we do? If so, it stays in-house, and needs the brightest minds you have working on it. If not, it is a candidate for outsourcing, and you need to look at it more closely.

I’m not suggesting “automatically outsource it,” because the decision isn’t that simple. This first question is just the starting point.

For example, bank and credit card account reconciliations in QuickBooks are what help maintain the accuracy and integrity of your Financial and Job Costing Reports. If you have two of each you are probably paying someone at least two hours a month to reconcile them. That person might make $15 dollars an hour and by the time you add overhead for labor burden they cost your construction company $25.29 an hour X 2 hours = $50.58 a month just to reconcile the bank and credit card statements. Unless they use [Journal Entries to save time and destroy any hope of job costing reports.](https://www.fasteasyaccounting.com/quickbooks-journal-entries-distort-construction-job-cost-reports/?hsLang=en)

### **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!**

**[![Estimated Fully Burdened Costs To Hire A Bookkeeper In Your Office](https://www.fasteasyaccounting.com/hs-fs/file-16804555-png/images/bookkeeper_costs_15_x_10_c-resized-600.png?width=595&height=667&name=bookkeeper_costs_15_x_10_c-resized-600.png)](https://www.fasteasyaccounting.com/bookkeeping-services-for-construction-companies/?hsLang=en)**

These costs do not include heavy training for your bookkeeper; read [The Nine Steps](https://www.fasteasyaccounting.com/blog/bid/93331/The-Nine-Steps-To-Construction-Bookkeeping-And-Accounting-Success?Preview=true&hsLang=en) for more

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](https://www.fasteasyaccounting.com/outsource/?hsLang=en).

Generally speaking we know from our research a typical contractor with 2-4 employees and annual sales of $500,000 will need at least a part-time bookkeeper for 10 hours a week and they will try to get away with only paying them $15.00 an hour plus overhead and it will cost their construction company approximately $13,000 - $15,000 a year and most of the time they will still overpay their taxes, have bad or non-existent financial and Job Costing Reports.

But you’d still need an in-house bookkeeper, right? Well… perhaps not. See, outsourcing is often interesting in that, while you still need administrative resources, they can be less skilled. They don’t need to have any contractors bookkeeping service skills to pick up the mail, make bank deposits, print checks, which can be done on your local computer even with [QuickBooks Desktop version in the cloud](https://www.fasteasyaccounting.com/quickbooks-desktop-online/?hsLang=en). It’s likely a part-time office assistant could do that in addition to other duties and errands.

Point is, it is worth asking the question what are the things you and your employees should be dealing with that *nobody else can do for you.* Everything else - contractors bookkeeping services, cell phones, power, land lines for office phones, coffee service, janitorial services should be outsourced if possible, and if it makes sense. Not because it’s cheaper, although outsourcing often works out that way in a careful comparison. No, you do it because it *removes distractions,* so that everyone in your construction company can focus on what’s important *to acquiring customers and satisfying their needs which puts money in your pocket.*

It’s an interesting approach. The only reason more contractors haven’t started down this road is because most construction companies are poorly managed, which means they all kind of level out against each other. But, many contractors are figuring it out and wishing they had started years ago.

**------------------------------------------**

#### **General Contractor, Lynnwood Washington Review:**

**"The beginning of 2008 my company attempted to save money by doing our own accounting,** but instead paperwork started piling up, wasn't organized and wasn't getting done. I failed to realize the amount of time and effort that went into accounting, especially not being an accountant by trade.

**I didn't want to have my wife take on the burden** being a stay-at-home home and already having her hands full with 2 kids so I made the decision to go back with Randal and Sharie. I am a new, young business owner and have sought much help from them and have always gotten great advice and great help.

**They know the trade, and they know what I'm going through on a daily basis.** I have not regretted my decision one bit. They have helped me to get back on track and get my business running smooth again. I am grateful for the services they offer.

**I would recommend their services to any General Contractor."**

**[Click here to read more reviews](https://www.fasteasyaccounting.com/Our-Raving-Fans/?hsLang=en)**

**------------------------------------------**

**Our [Contractor Bookkeeping Services System](https://www.fasteasyaccounting.com/our-bookkeeping-services-system/?hsLang=en) Is A System**

[![Contractors Bookkeeping Services](https://www.fasteasyaccounting.com/hs-fs/file-200239143-png/images/fast-easy-accounting-206-361-3950-contractors-bookkeeping-services-profit-and-growth-specialists.png?width=575&height=468&name=fast-easy-accounting-206-361-3950-contractors-bookkeeping-services-profit-and-growth-specialists.png)](https://www.fasteasyaccounting.com/quickbooks-for-contractors-set-up-properly/?hsLang=en)

**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.](https://www.fasteasyaccounting.com/what-is-xero-and-why-is-fast-easy-accounting-offering-it/?hsLang=en)

**This Is One More Example** of how Fast Easy Accounting is helping construction company owners just like you 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 and me so stop missing out! Call Sharie 206-361-3950 or [sharie@fasteasyaccounting.com](mailto:sharie@fasteasyaccounting.com) and schedule your no charge one-hour consultation 

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**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](https://www.fasteasyaccounting.com/quickbooks-desktop-online/?hsLang=en) **by accountants who understand construction.

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

### **Click On The Button Below To Download A Free Guide**

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**[Business Process Management (BPM) For Contractors](https://www.fasteasyaccounting.com/services/?hsLang=en)**

### **Need Help Now?**

### **Call Sharie 206-361-3950**

### **[sharie@fasteasyaccounting.com](mailto:sharie@fasteasyaccounting.com)**

## **[Xero Outsourced Construction Accounting Services](https://www.fasteasyaccounting.com/xero-accounting-services/?hsLang=en)**

## **[QuickBooks Outsourced Construction Bookkeeping Services](https://www.fasteasyaccounting.com/quickbooks-strategic-bookkeeping-services/?hsLang=en)**

### **We Are Xero Accounting Experts Specializing In Construction Bookkeeping Services**

 

**About The Author:**

![Randal DeHart, PMP, QPA The Construction Accountant](https://www.fasteasyaccounting.com/hs-fs/file-252277126-png/images/quickbooks-trainer-randal-dehart-pmp-qpa-fast-easy-accounting.png?width=69&height=98&name=quickbooks-trainer-randal-dehart-pmp-qpa-fast-easy-accounting.png)**[Randal DeHart, PMP, QPA](https://plus.google.com/u/0/106414353685550708429/posts)** 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 and Bill.Com Certified Guru. 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/](https://www.fasteasyaccounting.com/randal-dehart/?hsLang=en) to learn more.

**Our Co-Founder [Randal DeHart](https://www.fasteasyaccounting.com/randal-dehart/?hsLang=en)** - 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](https://www.fasteasyaccounting.com/our-bookkeeping-services-system/?hsLang=en) is based and continues to evolve and improve. Follow [Randal on Google+](https://plus.google.com/+RandalDehart/posts)

**Our Co-Founder:**

**[![](https://www.fasteasyaccounting.com/hs-fs/hubfs/Avatars/Sharie_DeHart_President_Fast_Easy_Accounting_Serving_Contractors_All_Across_The_USA_Including_Alaska_And_Hawaii-1.png?width=303&name=Sharie_DeHart_President_Fast_Easy_Accounting_Serving_Contractors_All_Across_The_USA_Including_Alaska_And_Hawaii-1.png%20303w)](https://www.fasteasyaccounting.com/sharie-dehart?hsLang=en)**[Sharie DeHart, QPA,](https://www.fasteasyaccounting.com/sharie-dehart?hsLang=en) is the President of  Business Consulting And Accounting (Fast Easy Accounting) in Lynnwood, Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations. She offers insights on managing the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. Call [206-361-3950](tel:2063613950) or [sharie@fasteasyaccounting.com](mailto:sharie@fasteasyaccounting.com).

[**Construction Accounting Academy**](https://construction-accounting-academy.teachable.com/)

[![Construction Accounting Academy by Fast Easy Accounting](https://www.fasteasyaccounting.com/hs-fs/hubfs/CAA%20-%20Teachable/Construction%20Accounting%20Academy%20by%20Fast%20Easy%20Accounting.png?width=250&name=Construction%20Accounting%20Academy%20by%20Fast%20Easy%20Accounting.png)](https://construction-accounting-academy.teachable.com/)

[![36-Point Contractor Bookkeeping Review](https://www.fasteasyaccounting.com/hs-fs/hubfs/Graphics/36-Point%20Contractor%20Bookkeeping%20Review.png?width=250&name=36-Point%20Contractor%20Bookkeeping%20Review.png)](https://www.fasteasyaccounting.com/contractor-bookkeeping-review-for-contractors-using-quickbooks-or-xero?hsLang=en)

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****Contractors Bookkeeping And Accounting Services**

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****Contractors Bookkeeping And Accounting Services****

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

******Contractors Bookkeeping And Accounting Services******

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