The benefits of paying the Prevailing Wage Fringe Benefit portion to bona-fide plan is often misunderstood by employers and employees alike.
Prevailing wage jobs, those jobs that are subject to the Davis-Bacon Act and/or State Prevailing Wage Laws, require that… Continue reading
Contractors switching to QuickBooks from another accounting program are often concerned about how to enter Job to Date Costs and Billing Data when converting, so they don't loose this vital information. Continue reading
QuickBooks Payroll, when properly set up, is capable of tracking and including the cost of your General Liability Insurance in job costing reports. Continue reading
How to set up timetracking and use QuickBooks timesheets is a question that I see nearly every day on the Intuit Community forums. There are several ways in which you can enable timetracking in QuickBooks. Continue reading
There are two possible ways to track retainage that you owe to your subcontractors; one method utilizes a Sub-Account of Accounts Payable, called Retainage Payable, and the other method utilizes an Other Liability Account, called Retainage Due to Subcontractors. Please review the setup and use of both methods, and choose whichever one seems more appropriate for your use. Continue reading
Getting all the information that you need - from the people that you need it from; and then getting it all organized and into your accounting software - is one of the biggest challenges found in any office. Continue reading
Handling employee reimbursements for business related expenses, including mileage, should not be run through payroll in QuickBooks Continue reading
Setting up and tracking Union Fringe Benefits in QuickBooks can be a fairly straightforward task, Union Fringes are just a specified hourly dollar amount that the company pays to the Union on behalf of the employee. Continue reading
A common conundrum for some bookkeepers is to create a job prior to receiving the contract paperwork, so that materials could be ordered - and then finding when the actual contract arrives that the job was assigned to the wrong customer in the QuickBooks Customer List. Continue reading
When does a Purchase Order actually post to your job costing numbers - is it when the PO is created or when you post the subcontractors invoice (bill) against the PO. Continue reading
