1099 Reporting for Contractors using a Credit Card

IRS Reporting Requirements for Third Party Payments on 1099-K or 1099-MISC

Construction Billing for Time in QuickBooks: An Overview

If you sell your employees’ time and skills, you can use QuickBooks to record those hours and bill your customers for them.

If your small business sells products, you know how precisely you must track your starting stock numbers, ongoing inventory levels, and your reorder points. QuickBooks provides tools to help with this process, but human factors can sometimes throw off your careful counts.

Customize QuickBooks’ Reports, Make Better Business Decisions

QuickBooks simplifies and speeds up your daily accounting work, but you’re missing out on valuable insight if you don’t tailor your report data for your Construction or Manufacturing business.

A Tour through QuickBooks' Payroll Setup Tool

Getting QuickBooks ready to process payroll is a complex, time-consuming process. Here’s what you can expect.
Payday. You look forward to it when you’re young and working at your first part-time job.

But as a grown-up who needs to start processing payroll for your employees, you probably anticipate it in a different way, perhaps even with a sense of dread. QuickBooks handles the real grunt work once you’ve done the initial setup, but those early hours you spend preparing to print your first paycheck can be challenging.

Use Items to Improve Job Costing in QuickBooks

WIP Construction AccountingConstruction and Project Related Job Costing Starts with a simple item and for many contractors job costing is a key part of the success of their construction business – how else would they know if they are actually going to make a profit or break even on the jobs they are bidding on?

Make a Statement in QuickBooks Online

You’re not required to use statements in QuickBooks, but they help bring unpaid amounts to the attention of your construction customers.

Collecting outstanding payments is probably one of your least favorite tasks as an accounting manager. QuickBooks Online helps you keep track of these debts in many ways, like through the Income Tracker and Collections Report.

8 Construction QuickBooks Reports That You Should Be Running

QuickBooks provides dozens of customizable construction report templates. You know when you need some of them, but which are musts?

You send invoices because you sold products and/or services. Purchase orders go out when you’re running low on inventory, and there are always bills to pay, it seems like. All of this activity is, of course, important in itself, but all of your conscientious bookkeeping culminates in what’s probably the most critical element of QuickBooks: your reports.

Construction Bookkeeping "Contractor in Inland Empire Hits Bottom"

HVAC Construction QuickBooks A2Z Office ManagementWorked with HVAC Construction Contractor who couldn't understand why when he looked at his Profit and Loss report he was over reporting his net income.  He gave his QuickBooks file to a CPA and they prepared his books as they had for many years; howeve

Construction Owners: See What's New in QuickBooks Enterprise 2014

We all know every new version of QuickBooks adds new features, and QuickBooks 2014 is no different. In addition to some usability improvements that will benefit our Inland Empire QuickBooks users, Intuit enhanced its capabilities for the construction industry.  HELLO Construction Owners, Subcontractors, and Project Managers this version should be calling YOU!  The job costing and reporting functions are more powerful than EVER!!.  

Bookkeeping Tip: Keeping Business Expenses Separate

Commingling of funds is a big NO NO! Well for one your treating your business's money as your own, and I understand why you would think this way, you worked darn hard to earn it!  

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