Job Costing 101: How to Track Costs Accurately in Construction Bookkeeping

If you’re a contractor, painter, or HVAC business owner, you’ve probably had moments where you looked at the bank account and thought: “Wait, we were busy all month. Where did the money go?” That’s where construction job costing comes in. Construction bookkeeping isn’t just about recording numbers for tax season. Done right, it helps you […]

Job Costing in QuickBooks Online for Contractors in 2025

Why Job Costing Matters for Contractors Contractors operate on thin margins, juggling labor, materials, subcontractors, equipment, and overhead on every project. Without a robust job costing system, you risk quoting too low, eroding profitability, or quoting too high and losing bids. Something as simple as setting up job costing in QuickBooks Online might help simplify […]

What You Need to Figure Out Your Profit Margin

When scaling your business, the number one thing you want to keep in mind is your profit margin. Profit margins are how much you are making with each project minus any overhead costs. Percentages do vary with 4 to 6% for commercial contractors. It can also get up to 23% for residential contractors like remodelers. […]

Six Good Reasons You Need a Bookkeeper as a Tradesman

A lot of you may be wondering, “If I already have a CPA or accountant, why would I need a bookkeeper?” While accountants are very talented at what they do, most don’t have the time to focus on the details that is bookkeeping and instead prefer to refer their clients to a bookkeeper. Bookkeepers are […]