QuickBooks Tip – An Audit Trail for Accounts Receivable
An "audit trail" for Accounts Receivable in QuickBooks is only one of the many complexities faced by government construction contractors. Running any sort of construction business can be difficult - but the amount of paperwork, the level of detail, and the additional requirements for a government contractor can cause 2 and sometimes 3 times the amount for a bookkeeper. Below is a question submitted by a reader named Shirley. We are a Construction Company and do government contracting. Is it possible to use the Accounts Receivable Summary to track each Project and the invoices when received and when paid. It has been several years since I have used QuickBooks and have never used the Construction Version. We have QuickBooks 2011 Premier Construction. ------------------------------------------------------------------------------------- First, let me say that the Contractor…