This Podcast Is Episode Number 0241, And It Will Be About Unique Highly Profitable Contractors Use Job Costing And Financial Reports  Successful Contractors Find Keys To Growth And Profit In Their Accounting Halloween is the official Kickoff of the Holiday Season. Kids dress up as anything from Princesses to Pirates and every TV character in between. Time of smiles, giggles and lots of “pixie dust” and “magic wands.” Time for “Santa and his reindeer” to visit the malls with a fresh supply of Cookies and Candy.   Wait, let's not forget Thanksgiving with Turkey, Dressing, Yams, Mashed Potatoes, Gravy, Fruit Salad, Pumpkin Pie, Ice Cream and lots of Egg Nog. All of this leads to us in January wishing we ate less and exercised more in hopes to keep the pounds on and matched by the pounds off for a net gain of Zero.     Software and the desire to do everything with our phone is the “Grownup’s Version” of the Candy Store all year long. With a couple of clicks on my phone, I want to Buy Something Pay For Something Get Paid Immediately From My Customer Have all of the money go in or out of my bank account Now how do I then make all the transactions magically go to an accounting system Give me nice detailed reports Help me make simple and complex decisions. Begin with the end in mind. Construction Contractors want to know Job Costing on some projects but not on others. How does a Construction Contractor keep it simple to those around them who need to pick up all the loose pieces of paper (paper receipts or electronic documents)?   Start by thinking about the source and how the supplier can help Home Depot, Lowes, Major Suppliers will email the priced invoice to you. On each of the invoices is a line with a for the Purchase Order. Purchase Order crosses over from Packing Slips to final priced invoice. If the Construction Contractor is willing to Tell The Order Desk something (example job name, customer name, customer address), then there is a foundation for job costing reports. Putting all of the receipts for a single job in a Job Folder or Job Envelope will help if you need to make a material return, find a part number, serial number, color used.   Many online Project Management, Estimating, Invoicing or Scheduling Programs will allow pictures to be uploaded. Before and After pictures are great. Helps the Construction Contractor look back or the project for missing items that need to be billed. Resell value of the project to the customer.     In a “Manual Accounting System” or an “Excel Based Accounting System,” all the loose receipt are being added up. If a Construction Contractor loses or files their recap sheet, it is then harder to figure out it a specific job made any money. All the notes are in the folder and who knows where the folder is.  A favorite tool of mine is TSheets TSheets is an electronic timecard that can track employees in real time with GPS tracking. Are employees on the Job Where You Expect Them To Be?   One tracking method inside TSheets is tied to Workers Comp requirements for your state.   Do you have to report hours by Plumbing, Electrical, Heating, Drywall, Framing, etc.?   Web Based Online Time Card For Construction Contractors Links To QuickBooks Job Costing   Click On The Image Below To Calculate Your Savings! Fast Easy Accounting Your Certified TSheets Consultant   For Construction Contractors Across The U.S.A! Finally! Construction Contractors have a way for your construction workers to submit accurate time cards chock full of the data needed to generate useful Job Costing Reports without the hassle of pen and paper and the excuse that it takes too long because it can be done on their smartphone! Another method of tracking is tied to tasks that would help with future Estimating.   Think instead of Kitchen, Master Bath, Main Bath, Powder Room, Deck, Family Room, Den, Man Cave, Patio,...