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Starting Your Construction Company - Details And Decisions
Being in your own business can be the best time in your life. Alternatively, the worst time!
Journal Entries Done Wrong Could Harm Your Reports
Journal entries are a quick and dirty way to get transactions without putting forth the time and effort to enter each transaction. In the short ru...
The Difference Between Bookkeeping And Tax Preparation
Why do you need to keep your bookkeeping and tax preparation separate? Accounting serves two different functions. The sooner you understand this, the better it will be for you and your construction business.
Downloading From The Bank Is Easy And Bad For Contractors
Tax preparation folks love bank downloads, and bank feeds because it makes their job easy, and if you get audited or pay more income tax than you should, oh well.
Downloading from the bank is easy and saves time; however, it does not allocate the transactions for accurate Job Costing Reports.
Is The Problem With The Accounting Software Or The Person Doing It?
Are you frustrating yourself with a bad QuickBooks setup? Do you need to be “The Expert” in all things? Find out what's the best use of your time and how you can do your construction bookkeeping effectively.
Challenges Of Getting Accurate Reports From Your Construction Accounting
Is it the Accounting Software or the lack of it - shoebox, file box, paperwork behind and under the truck seat, on the table, or piles on the countertop, all which will work until you need actual reports for your annual State or Federal Taxes (IRS)?