Contractor Success M.A.P.

0152: Contractors Who Tried Using QuickBooks And Got Professional Help


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Has This Happened To You?
Your Construction Company was a bit disorganized, and there were piles of paper on the dashboard of your truck, behind the seat, on the passenger seat, on the floor, in every pocket of you coat, shirt, pants and inside your lunch box? So you bought QuickBooks thinking it would solve all your paperwork issues and your contractor bookkeeping issues? Instead, you found yourself inside a bigger mess than ever because QuickBooks is anything but Quick!
The advertisements made it seem so simple that even a child could setup QuickBooks and do all of the accounting for your Contracting Company in 10 minutes a day or less. Or worse yet you hire a Cheap Bookkeeper, who thinks they know how to setup QuickBooks for Contractors. By the time you figure out they know nothing about Construction Accounting it is too late.
There Is A Better Way. QuickBooks Is Not Designed To WORK For Contractors It Is Designed To SELL QuickBooks To Contractors.
I Love QuickBooks and have used it since it was released as QuickBooks 1.0 DOS® in 1991 because it was ten times better than custom built Construction Accounting Software that cost us over $60K.
There was a learning curve; however, having a background in construction with a specialty in construction accounting I was able to make QuickBooks work for us. Today we have an entire system to Setup QuickBooks for any Contractor with annual sales from startup to $10M.
An essential part of this Contractor Bookkeeping System was developing a QuickBooks Template that could be used by:
• General Contractors
• Custom House Builders
• Speculative House Builders
• Commercial Tenant Improvement Contractors
• Handyman Contractors
• Residential Remodel Contractors
• Trade Contractors
• Subcontractors
• Specialty Contractors
• Land Developers
• And Contractors Who Do It All!
The biggest challenge was that we understood the difference between Construction Accounting and Regular Accounting at a deep level which means we knew why QuickBooks out of the box was not designed to work well with Contractors.
Listen to this Podcast for more…
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
Call Sharie now 206-361-3950 or [email protected] and schedule your no charge one-hour consultation.
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Contractor Success M.A.P.By Randal DeHart, PMP, QPA