Apr 14, 2017
Contractors who ask for help in Cleaning Up their QuickBooks File before filing taxes have better results. Because The Tax Accountant is happier because the QuickBooks file is clean and easier to work with, they will likely find more deductions which can save you money and in some cases mean the difference between success and failure in your construction company.
You are the Happiest because taking a trip to the Dentist for many
contractors is less painful than going to the Tax Accountant. Once
a Tax Accountant is “Broke In” you hate to change them.
It shouldn’t have to be that way. Like a new pair of shoes – All is
well and a Happier Experience, once the Tax Accountant and The
Contractor understand the needs and expectations of the other.
Bad Experiences Just Spiral Down
Tax Accountant does not want to see a Box of Receipts, Twelve Bank
Statements and a see you later; call me when it’s done. You reply
"I wanted my refund yesterday."
It Is Tax Time, And The Tax Accountant Gets To Choose What Client
To Work On Next
The condition of your financials (or lack of financials) may put
you at the bottom of the pile. From time to time Tax Accountants
will find paperwork or a QuickBooks file in such awful condition
that they Refuse To Do The Taxes until changes have been made.
Contractors who are serious about their business need to be
actively involved. A little bit of effort goes long ways to
document that their company “Is A Business” and not “A Hobby.”
A Good Start Is An Accounting
System Based On Construction Accounting
The Thought That “Anybody Can Do It” Is Not Quite Right.
Contractors Need People Who Specialize And Understand Construction
Accounting. With all of the taxes and reports, due bookkeeping
should be someone who knows what they are doing.
Most Bookkeepers specialize in an area. Restaurants, Medical and
Construction all need bookkeepers. Just not the same Bookkeeper.
Several General Bookkeepers have recently called saying they are
the “New Bookkeeper” and are asking for help because they know the
QuickBooks file is messy.
We recommend you have someone review your financial statements
before going to the Tax Accountant. Remember this is the busiest
time for Tax Accountants. They do not have The TIME or The ENERGY
to look over all your transactions.
Tax Accountants look for high-level numbers and what can they
easily move to fill out the tax return. Good Idea to clean up the
QuickBooks file before visiting Tax Accountant or Your Banker. Know
the difference between what a good Tax Accountant does, and a good
Construction Accountant does.
Construction Bookkeeping Is Answering The “What About” Questions Sooner Rather Than Later Or Not At All
I agree – Day to day bookkeeping can be boring, tedious, or
moments of sheer terror when you discover that all the money in the
bank is already spent. It is NO Fun to not be able to go buy a new
truck with that Job Deposit you just collected.
I want the fun stuff; not the Hard Stuff. Day to day bookkeeping is
hard. One simple reason is that your brain replays all of the
activity of each job every time it sees a receipt for that job.
Can you say “Ground Hog Day” over and over and over again? There
are “No Stories, No Baggage” they are just numbers tied to a
specific customer to us. Because this we are able to enter in the
transaction quickly.
In that respect, Outsourced Accounting For Contractors Like You
will free your mind to be able to look or new jobs, focus on
existing jobs, remember the previous jobs (good parts and filing
the bad parts away for reference on what not to do again in the
exact same way.)
We Clean Up QuickBooks Files (Desktop Version). We Maintain
QuickBooks Files For Contractors Like You All Across The USA
Including Alaska And Hawaii
Some old, new, existing and previous clients have never, ever owned
QuickBooks. With our system, it is not a requirement that our
Clients own, review, or try to learn QuickBooks.
Some clients are want to have access to their QuickBooks file and
are comfortable in entering the customer invoice directly into the
file. For those clients, we welcome their participation.
We teach them how to use the Icon Bar to pull the reports that are
important to them.
We do the rest (entering the transactions from the receipts
provided, bank statements and credit card statements)
What we NEVER DO is pay your bills for you. We touch your account
(to auto receive our own fees), but beyond that, we do not Pay
Bills, Pay Payroll, Pay Taxes, Pay Loans, Pay Credit cards.
We never want any Government Agency to get the impression that we
are decision makers as to whom you should pay When you should pay,
and How much you should pay.
As our Client, you have the peace of mind that we are not going to
do something improper with your money. It is your money. We are
Paper Managers.
We are a Production Shop. We want the Number to Add Up to a
nicely. We want our Clients to have lots of Customers and to Make A
Profit on every Job.
Always looking for the most efficient way to enter your data into
QuickBooks, in a way that will give you beneficial reports, at a
reasonable price and services that benefit both sides.
Free, Perfect, Now is the business model of Internet Search
Engines. But even the Search Engines have figured out how to have
“Add-On Fee-Based Sales” The world works better when everyone buys
something from a cup of coffee, tools, and equipment to that Brand
New Truck or movie and dinner with someone special.
We welcome the following businesses from Brand New Contractor,
Weekend Warrior, Handyman, Trade Contractor, Custom and Home
Builders, Commercial Contractors and more.
We Help “A Little or A Lot” depending on your needs including on-going bookkeeping services. Remote web-based QuickBooks for contractors bookkeeping, accounting & quarterly tax reports. We specialize in contractors including general, specialty and trade contractors, home builders and commercial tenant improvement contractors.
We Can Scan Your Important Receipts And Invoices to provide you with a CPA-ready packet for your tax return, and we provide ongoing Cloud Based Contractors Bookkeeping Services by accountants who understand construction.
Contractors Who Need Extensive Financial And Job Costing Reports we use QuickBooks Desktop In The Cloud.
We serve new and seasoned contractors in residential, commercial, remodel and home building who need professional-grade contractor bookkeeping and accounting services including invoicing (Flat-Rate, Not-To-Exceed, Time & Material, Cost Plus), Washington State sales tax returns, payroll processing, quarterly tax reports, construction job deposits, work-in-progress, WIP, retention, residential and complex payment applications, liability insurance audits and business processes.
For the “Best Value” we practice “Flat Rate” pricing whenever possible.
Does QuickBooks Frustrate You? If you answered "Yes" you are in good company. We invested over ten years developing several customized QuickBooks setup templates. We have QuickBooks setup templates for all of Construction Contractors shown below and more...
Brand New Construction
Companies Handyman Companies
Cabinet
Installers HVAC Contractors
Carpentry Construction
Companies Insulation Contractors
Carpet Installers
Interior Designers
Commercial Tenant Improvement
Contractors Land Development
Companies
Concrete
Contractors Landscape Contractors
Construction
Companies Masonry Contractors
Construction
Managers Mold Remediation Companies
Contracting
Companies Moss Removal Companies
Contractors
Painting Contractors
Custom Deck
Builders Plumbing Contractors
Custom Home
Builders Pressure Washing Companies
Demolition
Contractors Remodel Construction
Companies
Drywall
Contractors Renovation Contractors
Electrical
Contractors Restoration Contractors
Emerging
Contractors Roofing Contractors
Excavation
Contractors Spec Home Builders
Finish Millwork
Contractors Specialty Contractors
Flipper House
Contractors Subcontractors
Flooring
Contractors Trade Contractors
Framing
Contractors Underground Contractors
General
Contractors Utility Contractors
Glass Installation
Contractors Other Professional
Services
Gutter Installation
Companies
We Serve Over 100 Types Of
Contractors So If Your Type Of Company Is Not Listed Please Do
Not Be Concerned Because If You Are A Contractor There Is A Good
Chance We Can Help You! Call
Now: 206-361-3950
Contractor QuickBooks Digital Products Available HERE!
Construction Company Owners with specialty accounting and bookkeeping services needs. Our clients are brand new and seasoned small contractors in service and repair, residential, commercial, remodel and home building.
Company Size there is no such thing as ever being “Too Small” Many of our clients are one person construction companies with an idea and the desire to be in business for themselves. Hiring employees is optional.
Clients include busy professionals and independent contractors who want someone else to deal with their piles of paperwork so they can do “The Fun Stuff” which is what they do best.
Whether You Are Working out of your truck, home, the local coffee shop, commercial office space or The SnoKing Contractors Center we are your best choice because we work remotely from our office in Lynnwood Washington.
Bookkeeping For Contractors In The U.S.A using QuickBooks enjoys using the desktop version you are familiar with on the internet inside a highly encrypted secure multi-user environment.
This system allows you and your employees to work in QuickBooks at the same time. All you need is an internet connection, and you can save time, money and aggravation by reducing or eliminating computer network technicians.
In our world, it is common for the new contractor (to us) to
bring in a shoe box, file box, and all the receipts under and
behind the seat of the pickup truck (with or without coffee stains)
It is the type of puzzle we like. We also like being about to
create something that helps the contractor understand their numbers
and be able to make decisions.
Only a small
percentage of our Construction Contractor Clients want to have
access to their QuickBooks file.
Existing Contractors who are local have the option of bringing their paperwork to us. More of them embrace the Document Management System and send all of the documents electronically.
I talk to clients on the phone often; see in person randomly as
needed. The fantastic solution that allows our Contractor Clients
to focus on their Customers.
QuickBooks is just some place where we magically send the numbers
to. Construction Contractors, Handyman Contractors, House
Builders, Commercial Contractors and Trade Contractors like the
QuickBooks reports; they just don’t want to watch or help the
process of getting them from the pile of paper on their desk to
QuickBooks.
Happiness is when we
send our Contractor Client’s their Year End Financials to
them
In turn, they meet their Tax Accountant and forward the Year End
Financials, add personal documents, chat a few minutes and Leave.
Leave knowing the Tax Accountant has what is needed to file the
taxes.
We have Contractor Clients all across the USA. Depending on size, a
number of employees, and some other factors on whether a Contractor
is a “Good Fit” to be an Outsourced Client. For others, we can
Setup, Cleanup QuickBooks file and return to the Client for
Do-It-Yourself bookkeeping and / or Strategic Business Consulting
to help your construction contracting company grow at a steady
pace.
Staying on our Cloud Server is something that can be discussed on a
case by case basis. (Very protective of the add-on products allowed
on the server) Not all software plays well with each other.
Cloud-Based Remote Access To QuickBooks Desktop Version!
Paperless System For You To Store, Print, E-mail
Documents
Microsoft Excel Is On The Server For You To Use
Your QuickBooks Desktop Version In The Cloud 24/7 Access!
Just A Few Mouse Clicks On PC
Or Mac And Get:
Looking Forward To Helping Your Contracting Company To Be More
Successful
Offering tips and tidbits to Prospects and Clients, for example,
Cash Management 101 according to Sharie (me) is the same for a
larger company as the brand new contractor use just had his or her
first sale.
Cash 101 is all about protecting the money. Losing a debit card
with all the money is still All The Money no matter what size the
business is.
Most contractors are on a thin profit margin. Forgetting to charge
sales tax is a 10% or more hit.
Forgetting to get signed Changes Orders can be costly. The list
can go on and on and on.
Welcome New Clients, Former Clients, and pleased to be of service
to our Existing Clients
To our friends around the world, thanks for reading our blogs,
listening to our Podcasts.
We keep adding products on the FastEasyAccounting.com/store to be of assistance.
If you need something special – Just Ask (we may be able to easily
add it to the store)
Thinking Happy Thoughts To Everyone Everywhere.
About The
Author:
Sharie DeHart, QPA is the co-founder of Business Consulting And
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 and offers insights on how to
manage the remaining cash flow to operate and grow their
construction company sales and profits so they can put more money
in the bank. http://www.fasteasyaccounting.com/sharie-dehart/
206-361-3950 or sharie@fasteasyaccounting.com
I hope this podcast helps you understand that outsourcing your
contractors bookkeeping services to us is about more than just
“doing the bookkeeping”; it is about taking a holistic approach to
your entire construction company and helping support you as a
contractor and as a person.
We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company!
That is all I have, for now; please do me the honor of commenting and rating podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance.
This is one more example of how Fast Easy Accounting is helping construction company owners all across the USA including Alaska and Hawaii 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 so stop missing out!
If you would like to learn about what makes construction accounting different from regular accounting, please visit www.FastEasyAccounting.com/ca
Please feel free to call Sharie 206-361-3950 or 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!
If you are Thinking About Outsourcing Your Contractors Bookkeeping
Services you are invited to download a guide to finding the right
contractor bookkeeping service to fit your particular situation at
www.FastEasyAccounting.com/hs
Thank you very much, and I hope you understand we really do care
about you and all contractors regardless of whether or not you ever
hire our services.
Bye for now until our next episode here on the Contractors Success
MAP Podcast where We Remove Contractor's Unique Paperwork
Frustrations
I trust this podcast helps you understand that outsourcing your contractor's bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking a holistic approach to your entire construction company and helping support you as a contractor and as a person.
We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company!
That is all I have for now, and if you have listened to this far please do me the honor of commenting and rating podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance.
I trust this will be of value to you and your feedback is always welcome at www.FastEasyAccounting.com/podcast
One more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii 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 construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com
Thinking About Outsourcing Your Contractors Bookkeeping Services?
Click On The Link Below:
This guide will help you learn what to look for in outsourced construction accounting.
Need Help Now?
Call Sharie 206-361-3950
Thank you very much, and I hope you understand we do care about
you and all contractors regardless of whether or not you ever hire
our services.
Bye for now until our next episode here on the Contractors Success
MAP Podcast.
Warm Regards,
Randal DeHart | The Contractors Accountant
#1 EZ Step Interview inside QuickBooks Setup
#2 Asked Their Tax Accountant To Setup QuickBooks
#3 They Attended A How To Setup QuickBooks Class Or Seminar
Contractors_Success_MAP, Contractors_Success_Marketing_Accounting_Production, Contractor_Bookkeeping_Services, QuickBooks_For_Contractors, QuickBooks_For_Contractors,Contractors_Success_Map_Contractors_Get_Better_Results_When_QuickBooks_Is_Cleaned_Before_