Accounting Solutions For The Busy Contractor

The Difference Between Bookkeeping And Tax Preparation

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

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?

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

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)?

Process Dependent Vs. People Dependent Construction Company

Process Dependent Vs. People Dependent Construction Company

Running a construction business can be frustrating when you don't know what to do. The paperwork piles up because there are never enough hours in the day to do everything precisely as you want it to be. Especially true when it comes to accounting.

QuickBooks Vs. Xero Accounting For Contractors

QuickBooks Vs. Xero Accounting For Contractors

QuickBooks or Xero Accounting Online for construction depends on how you get paid, your company's type of work, and if you need Job Costing.
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