This Podcast Is Episode Number 0270, And It Will Be About Construction Contractors Need Help From Knowledgeable Advisors Everywhere there a Buzz Words and lots of people who say they are Experts in their field. Question is What the Expert knows is in a topic that is useful to you? Everyone wants to be paperless. It is not so much about saving a Tree as saving Time. How can I get to My Bookkeeper, My Accountant, My Tax Accountant the information they need to develop the reports? Most contractors tell me "Actually, I don’t want the reports I only want to know "scraps of information" so I can run My Business better. If there is an easy way to get the job done; I want to know it. There must be an App For That." There are several apps and we have one just for Construction Contractors. It does a lot but no app does everything. One of the first questions I am asked is do I have to keep my receipts? After all, I used my debit card, and it is all on the bank statement Bank Statements do not give all of the information needed to run your business. If you write a check, it will say When and How Much but not the “Who” and definitely not on WHY you wrote a check. Debit card transactions have Who, When and How Much; still no WHY. My answer is Yes – Please. Many suppliers will take a product back IF you have a receipt. A few with your credit card will be able to find your transaction and be able to credit the purchase back to the card. For everyone else; your receipt is the fastest way to document you actually made the purchase. Stores return policy is as generous as they can be. But not everyone can offer 100% refund for something that is obviously worn out, purchased from somewhere else or sometime long ago. We have all heard stories where dress clothes (with tags attached and hidden) are worn to a “fancy party” (New Year’s Eve’s) and next day returned to the store for a full refund. I don’t know of anyone personally who has done it but reading on the internet – many stores have changed return policies because of this type of customers (not clients). Kinda like being an “Unwelcome Pest” instead of a “Welcome Guest.” I was in a store who refused to accept a return from the customer in front of me. The clerk told the customer they had made Too Many Returns. We want to be the Welcomed Guest, be a good neighbor, friend, the benefit to our community as we provide “Goods and Services” to our friends and clients. Not everyone is a Good Client or Customer. Tax Accountants are someone every Contractor should have. Why, when Turbo Tax can do it all? Turbo Tax is in simple terms an “AI” programmed to fill in the blanks based on the information you give it. So as an AI, the software might be smarter than you and I; but remember that “The Computer” does not win whenever playing against “Chess Masters” and a “Real Person” has done the programming. Here are the Should Have, Ought To Have, Maybe, Because [fill in the blank] with as many as you can think of and here are some more. You have already “Over Handled” your documents; especially if you are doing all of your own bookkeeping. I can’t afford to “Hire It Out” Sometimes your budget is “Toast!” Are you spending time doing the right things? The old saying “Sell Your Way Out Of A Problem” is true, but be sure you have done the right job for the right client, and the right price can only be answered when the accounting system has the proper information. The answer is a knowledgeable person between the keyboard and chair touching the keys. Hint - There is a difference between Void and Delete. Quicken could work as an overgrown checkbook. What would it tell you? Wait, I took the easy step interview, synced to my bank; it has everything it needs! Does It? or does it have everything YOU think it needs to be based on what you know? If you are the Smarted Person in the room – Fantastic. Excited to meet someone who...