May 27, 2016
In the world where most people think everything should be Free, Perfect, Now getting good financials from your Construction Accounting System still takes the old fashioned method or hard work and skill.
Most Contractors would never expect or allow their staff out in the field do sloppy; tacky workmanship except where the office is concerned. Most contractors who do beautiful work on the job tend to be a Little messy in their paperwork.
There is only so many hours in the day and not enough hours to
Highly successful contractors know they need good reports to know where the thier company is going, knowledge on what type of jobs to bid and accept. If and when to hire additional employees.
Smart contractors know when to hire someone who has the skill sets that they or their office staff does not have. Make no mistake, managing the paperwork in your construction company requires more than just simple QuickBooks skills. You need someone trained in construction accounting with highly developed skill sets in dozens of online and offline software, not just the basics of how to turn on QuickBooks and write a check.
Think of what it takes to manage your household expenses then multiply that by a factor of 10 then add in employees with all the drama and headaches they bring to your company!
Issues With Your Accounting?
Is it the Accounting Software or the lack of it (shoe box, file box, paperwork behind and under the truck seat, on the table or piles on the counter top, all which will work until you need actual reports for your annual State or Federal Taxes (IRS).
Data does not get into the Accounting System without help. Even software that downloads directly from the bank needs a little guidance. Common Questions: What Do I Do? Where Does It Go? It’s Only Receipts – How Hard Can It Be? I can do the bookkeeping myself, or I can hire the neighborhood kid because bookkeeping appears to be simple!
Answer: If the Accounting is so simple and easy why isn’t it already done?
Reality: Skilled bookkeepers and accountants know what to put where and in what order to put it. Documents can be an Asset, Income, Expense or a just a payment. Just because to paid something to someone does not make it an expense to the business. And just because you make a deposit into the bank does not make it income.
Of Course – Without good accounting; all government agencies can
take the easy way and add up all the deposits and call it “Income”
and they are not so generous with deductions because the more
income you have, the more taxes you pay.
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
Next Challenge: Should you be doing your accounting? Is this the highest and best use of your time? Of course, you know everything about every piece of paper you touch. Your brain will replay the details of each document which adds time and pain to entering the document.
Simple Quiz: If You Had One More Productive Hour Every Day Which Task Has The Highest Return:
Things That You Or Your Key Staff Can Do Effectively:
With its built-in Customer Relationship Management System you can develop reports that are useful for decision-making. And the optional Dispatching Module can save time and money as well as keep track of your trucks, vans, and field workers.
Our Goal: Provide Quality Accounting And Consulting Services For Construction Contractors Like You!
We recognize that not everyone is a good fit to be an Outsourced Client. For us, the company must be located in the United States. Next, some companies by our definition may be too large or too complex.
We provide Accounting Services in a cloud environment. Contractors like you and other Professional Services related to construction are who we serve because we understand what you do, what you need, when you need it, how you need it and when you need it.
Our contractor clients range from the Weekend Warrior’s just starting out part time, Handyman, Specialty Trade Contractors, General Contractors to Builders with and without employees. We help clients with in-house bookkeeping staff and those who need occasion help or consulting.
Does Everyone Understand The Problem?
QuickBooks Desktop: Upload Backup Copy to our secure client portal. I will need the QuickBooks Version, Year, Admin User Name and Password.
Your Turn - One Hour Free Consultation Is How We Determine “How We Can Help.” It’s Simple “I’m The Friendly Voice At The End of The Phone to Listen While You Clarify Your Thoughts.”
The chat includes some about yesterday, what’s happening now and
what do you want for the future? Our Idea of Success is when in a
contractor like you has money “Left Over” to do what you want to do
with your life.
Just a reminder – Your Construction Company does not have to be large for you to make a lot of money!
I trust 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 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 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
This is 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 firstname.lastname@example.org
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 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.
Randal DeHart | Contractors Accountant