Resources
Not Sure Where Your Books Stand?
Many contractors don’t realize how far off their books are until it becomes a problem. A quick review can help you understand what needs attention and what can wait.
Blogs
How to Clean Up Undeposited Funds in QuickBooks Online (Without Making It Worse)
If you’ve opened your QuickBooks Online Balance Sheet and noticed a large balance sitting in Undeposited Funds, you’re not alone. For many business owners, Undeposited Funds becomes one of the most confusing accounts in QuickBooks. I’ve seen businesses with balances that are only a few hundred dollars, while others have
Why Your CRM and QuickBooks Are Telling Different Stories
For many contractors, integrating a CRM with QuickBooks seems like an obvious win. Your sales team manages leads and customers in one system. Your accounting team manages invoices and financial reporting in another. Connect the two, and everything should flow seamlessly. At least in theory. In reality, many contractors discover
Why Accounting for General Contractors Gets More Complicated as You Grow
Growth is a goal for most construction business owners. More projects. More revenue. Larger contracts. Bigger teams. On the surface, growth is a sign that your business is moving in the right direction. However, many general contractors discover that growth also brings a new set of financial challenges. The accounting
9 Bookkeeping for Independent Contractors Mistakes That Lead to Tax Surprises
Many independent contractors enjoy the flexibility of working for themselves. You can choose your clients, set your schedule, and build a business around your expertise. But there is one part of self employment that catches many contractors off guard: taxes. Unlike traditional employees, taxes are not automatically withheld from your
When Bookkeeping Services For Construction Stop Being Optional
Growing a business is a series of transitions that require new tools and more sophisticated systems. In the beginning, you might have managed your own numbers or used a simple spreadsheet to keep track of expenses. However, as your projects grow in complexity and your team expands, you reach a
8 Costly Mistakes When You Setup QuickBooks For A Construction Company
Starting a new project requires the right tools and a solid foundation. Your accounting system is no different. If you are wondering how to setup QuickBooks for a construction company, you are likely looking for a way to move beyond spreadsheets and get a clear view of your financial health.