QuickBooks Setup & Cleanup
Setting up a new QuickBooks® file – OR – cleaning up an existing file, so that you can view your numbers in a meaningful way in reports, can be a daunting task!
QuickBooks® provides a very basic Chart of Accounts and Item List, for both General Contractors and Specialty Trades, and it’s up to you to customize them to suit your needs.
This section will provide you with tips for making your numbers mean something when you look at reports.
No two contractors will have the EXACT same need for functionality OR use the exact same cost coding system for billing. So don't let anyone tell you that every contractor uses a specific Chart of Accounts or Cost Coding system. Continue reading
The QuickBooks Chart of Accounts is the framework used to categorize the information and transactions used to create reports. By using a chart of accounts and creating reports, you will always know the current state of your business. Continue reading