--- title: QuickBooks Financial Baseline Reports description: If your Construction company uses QuickBooks then you need to setup the Five Key Performance Indicator Reports KPI)and this is how to do it --- Do you have questions about QB update, QuickBooks Desktop, or construction bookkeeping? 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[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) - 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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. 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All you do is fill out the form on the right or call Sharie 206-361-3950 or by email [sharie@fasteasyaccounting.com](mailto:sharie@fasteasyaccounting.com) ### **The Videos Below Show You How To Setup These Reports** #### **Number One Cash Report** #### **Number Two Accounts Receivable Report** ####  **Number Three Accounts Payable Report** #### **Number Four Profit And Loss Report** #### **Number Five The Balance Sheet Report**   **This Is Only The Tip** - Of the Iceberg. Everything we publish in our blog posts, articles in other websites, and anything you can find on the web is nothing compared to what is available to you as our client. We show only the basic tools to open your mind to the possibilities that are available to you. The best finish carpentry tools in the hands of a golf professional without proper carpentry training will not produce anything near to what a skilled finish carpenter can. The same can be said about the best construction business consulting and accounting tools in the hands of a skilled finish carpenter. And I say that with respect and admiration for everyone in construction. You went into business for yourself for a variety of reasons and in most cases you thought all you had to do was get good jobs, do the work and you would make a lot of money. In a very short while you got a rude wake-up-call and your reality check bounced. You found out getting the jobs and doing the work was only a small part of being a contractor. What started out as an adventure turned into something not as fun as you thought it would be and then it degenerated into a nightmare as you discovered the three accounting nightmares all contractors face. #1 Calculating And Processing Payroll #2 Calculating And Filing A Slew Of Tax Returns #3 Figuring Out Which Customers And Jobs Are Profitable And Which Ones To Avoid Like The Plague   **[When You Become A Client](https://www.fasteasyaccounting.com/hello-future-client/?hsLang=en)** - Then we can tap into our resources of knowledge and strategy banks. We use the [reports hidden in your QuickBooks](https://www.fasteasyaccounting.com/reports-for-your-construction-company/?hsLang=en) in order to diagnose and understand your construction business and develop plans and help you implement a path to success for you and you alone because every contractor has unique Strengths, Weaknesses, Opportunities and Threats ([S.W.O.T. Analysis](https://www.fasteasyaccounting.com/swot-for-construction-companies/?hsLang=en)) that when understood can lead to a [Strategic Roadmap](https://www.fasteasyaccounting.com/winning-strategies-for-your-construction-company/?hsLang=en) which cannot help but make a lot of money. ![QuickBooks-For-Contractors-Success-System-By-Fast-Easy-Accounting-206-361-3950](https://www.fasteasyaccounting.com/hs-fs/hub/125770/file-352749531-png/images/QuickBooks-For-Contractors-Success-System-By-Fast-Easy-Accounting-206-361-3950.png?width=460&name=QuickBooks-For-Contractors-Success-System-By-Fast-Easy-Accounting-206-361-3950.png) ## **If You Are A Contractor You Deserve To Be Wealthy** ## **Because You Bring Value To Other People's Lives!** **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.   **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!  [![No Charge One Hour Consultation](https://no-cache.hubspot.com/cta/default/125770/d1aab4ba-4a6d-4f04-a708-8cbb69a9966d.png)](https://cta-redirect.hubspot.com/cta/redirect/125770/d1aab4ba-4a6d-4f04-a708-8cbb69a9966d) **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?** ### **Click On The Button Below To** **Download A Free Guide** **  [![Contractors Bookkeeping Services Guide >](https://no-cache.hubspot.com/cta/default/125770/f6063440-d828-40c1-88a0-96c67a04cf60.png)](https://cta-redirect.hubspot.com/cta/redirect/125770/f6063440-d828-40c1-88a0-96c67a04cf60)** ### **Need Help Now?** ### **Call Sharie 206-361-3950** ### **[sharie@fasteasyaccounting.com](mailto:sharie@fasteasyaccounting.com)** **![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=525&name=fast-easy-accounting-strategic-bookkeeping-services.png)** ## **[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 Construction Accounting Experts Specializing In Construction Bookkeeping Services For Contractors All Across The USA Including Alaska And Hawaii** ### **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)  **Contractors Bookkeeping And Accounting Services** [![Xero Outsourced Accounting For Start Up, Handyman, Trade, And GC](https://no-cache.hubspot.com/cta/default/125770/0adea877-be25-45cb-b36f-90aea7c54076.png)](https://cta-redirect.hubspot.com/cta/redirect/125770/0adea877-be25-45cb-b36f-90aea7c54076) [![Add Xero Certified Advisor](https://no-cache.hubspot.com/cta/default/125770/817dbafe-31d5-44ba-9b93-cc979ba81aa8.png)](https://cta-redirect.hubspot.com/cta/redirect/125770/817dbafe-31d5-44ba-9b93-cc979ba81aa8) [![Contractor Business Performance Report Thumbnail](https://www.fasteasyaccounting.com/hs-fs/hubfs/Graphics/Contractor%20Business%20Performance%20Report%20Thumbnail.png?width=250&name=Contractor%20Business%20Performance%20Report%20Thumbnail.png)](https://www.fasteasyaccounting.com/contractor-business-performance-report?hsLang=en) ### **How Can We Help?** ****Contractors Bookkeeping And Accounting Services** [![Who We Help](https://no-cache.hubspot.com/cta/default/125770/13a60894-66bc-4704-84f5-8b903b06aa4d.png)](https://cta-redirect.hubspot.com/cta/redirect/125770/13a60894-66bc-4704-84f5-8b903b06aa4d) [![How We Help](https://no-cache.hubspot.com/cta/default/125770/b3c7715b-2199-4272-9eac-c4492cb048f8.png)](https://cta-redirect.hubspot.com/cta/redirect/125770/b3c7715b-2199-4272-9eac-c4492cb048f8) [![Next Step](https://no-cache.hubspot.com/cta/default/125770/4d585779-6b28-408c-8ea0-f8ec44893179.png)](https://cta-redirect.hubspot.com/cta/redirect/125770/4d585779-6b28-408c-8ea0-f8ec44893179) [![FAQ's](https://no-cache.hubspot.com/cta/default/125770/127cf53b-ca16-4b03-b56f-4f90a05f628c.png)](https://cta-redirect.hubspot.com/cta/redirect/125770/127cf53b-ca16-4b03-b56f-4f90a05f628c) [![QuickBooks Setup And Chart of Accounts For DIY Contractors](https://no-cache.hubspot.com/cta/default/125770/c3ea3092-5fa6-44ab-a320-c6d35a0e9e86.png)](https://cta-redirect.hubspot.com/cta/redirect/125770/c3ea3092-5fa6-44ab-a320-c6d35a0e9e86) **Download Our Free App For Construction Contractors** [![click to download the Contractors APP now from the App Store](https://www.melaniecurtisaccountants.co.uk/images/App_download_button.png)](https://itunes.apple.com/us/app/myaccountants/id1317268476?mt=8&ign-mpt=uo%3D4)[![click to download the Contractors APP now from the Android store](https://www.melaniecurtisaccountants.co.uk/images/Google_download_button.png)](https://play.google.com/store/apps/details?id=uk.co.myfirmsapp.one.accountants&hl=en) **Access Code: FEAHEROS** ****Contractors Bookkeeping And Accounting Services**** [![Outsourced Construction Accounting Services For Contractors All Across The U.S.A. 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[![contractor-success-map-podcast-listen](https://www.fasteasyaccounting.com/hs-fs/hub/125770/file-17057319-png/images/contractor-success-map-podcast-listen.png?width=546&name=contractor-success-map-podcast-listen.png "contractor-success-map-podcast-listen")](https://www.fasteasyaccounting.com/podcast?hsLang=en)   **Don't forget, you can hire our services at [FastEasyAccounting.com](https://www.fasteasyaccounting.com/become-a-client/?hsLang=en)** [![How To Use Our Services](https://no-cache.hubspot.com/cta/default/125770/e921d156-1312-40a0-a59b-e1b42e1e5850.png)](https://cta-redirect.hubspot.com/cta/redirect/125770/e921d156-1312-40a0-a59b-e1b42e1e5850)** ** [![Fast Easy Accounting Store QuickBooks Set Up and Chart Of Accounts Templates For Contractors](https://www.fasteasyaccounting.com/hs-fs/hubfs/Banner%20For%20FEA%20Store%20Footer%20Click%20To%20Open.png?width=1024&name=Banner%20For%20FEA%20Store%20Footer%20Click%20To%20Open.png "Fast Easy Accounting Store QuickBooks Set Up and 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