Breaking Down Payroll by Job, Phase and Cost Code

Breaking Down Payroll by Job, Phase and Cost Code

Job Costing Tips, Payroll Tips, Reports
  Breaking down payroll by job, phase, and cost code is something that I'm often asked about by the construction clients/customers that I work with.  Construction payroll is probably one of the more complex payrolls that anyone can encounter, see this question submitted by a reader. I need payroll broken down by Job, then Phase (service item), then cost code. Is there a way to enter time in QuickBooks by three categories? Thanks, Susan Hi Susan Thanks for stopping by and submitting this awesome question! Actually, I'm asked this question a lot and have been working on an entire training series (eBook and several videos) about different ways that contractors can set up QuickBooks to handle even the most complex payrolls like this - unfortunately it won't be finished until…
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Construction Payroll, Should I Do It In-house or Outsource It?

Be A Better Bookkeeper, Construction News, Payroll Tips
  Construction payroll can be complex and many business owners wonder if they should hire a payroll clerk and issue payroll in-house or if they should outsource it. As a contractor a significant portion of your job costs involve payroll and labor burden (taxes, worker's compensation insurance, general liability insurance, company paid fringe benefits etc.) and you need to have these numbers included in your job costing reports so you can analyze your bidding practices and know whether or not you made a profit on the job.  If your employee paychecks are not run through your accounting software you loose this vital piece of job costing information. Construction payroll can be complex and the lure of an outside payroll service such as Intuit Full Service Payroll, ADP, Paychex, Ceridian, etc.…
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