technology
Reselling Accounting versus Reselling Technology
Reselling Accounting versus Reselling Technology – which one delivers the greatest value to your client, and to your business? Continue reading
Freebie Friday – QuickBooks Premier 2011, the Official eGuide
Freebie Friday's are all about Free eBooks, sometimes they are eBooks that we've created and other times they are eBooks that we've found on the web. Continue reading
QuickBooks Tip – Understanding QuickBooks Inventory Cost
If you are using QuickBooks to manage your inventory, you need to understand how QuickBooks deals with the cost of inventory items. Guest blogger, Charlie Russell explains how QuickBooks handles these costs. Continue reading
QuickBooks Tip-Tracking Retainage Payable to Subcontractors
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
QuickBooks Tips – Year End Tasks for Filing Taxes
In this article, we’ll cover each topic listed in the Year-End Guide, and offer some additional tips on each of the three sections: Tasks to prepare for filing taxes, Tasks to do if you use subcontractors, Tasks to do if you have employees and some Tips for the upcoming year. Continue reading
QuickBooks Bookkeeping Tips – Why Do I Need to Keep “Books”?
The primary purpose of keeping books is to provide financial and management information in order for you to run your business, make sound business decisions, and to prepare your taxes. Most business owners are very worried about generating income; however, running a business involves a lot of other tasks. Continue reading
QuickBooks 2011 New & Improved Purchase Order Reporting
First introduced in QuickBooks 2011, however, also available in QuickBooks 2012, 2013, and 2014. Intuit has finally fixed the Purchase Order Reporting to ACCURATELY display open balances, without a lot of additional manipulation by the user. My overall opinion is that for any company that issues Purchase Orders, this is a marked improvement in the overall functionality of QuickBooks. Continue reading
QuickBooks Question – Inventory for Contractors
A reader asked the following question:
We are a small contractor in San Diego and we are wondering how we get around having to always do an inventory adjustment to get our purchases to the correct COGS account? We… Continue reading
QuickBooks Tip – 5 Reasons To Use QuickBooks Group Items – Part 2
Before QuickBooks had a Unit of Measure option - I think it was introduced with QuickBooks 2007 - we had to rely on QuickBooks group items to perform Unit of Measure calculations. Continue reading
Contractors Really Need Technology Now – Bookkeeping in Bunny Slippers
Now is the time for the construction industry to leverage technology to improve operational efficiencies and reduce operating costs, and to help reduce the impacts of constantly shifting materials costs due to globalization. Continue reading
QuickBooks Tip – Job Costing Starts With A Simple Item
Job costing in QuickBooks starts with the Item List. When you tell this to most contractors they respond with “Items --- I don’t sell ITEMS --- what does Items have to do with construction????? Continue reading
QuickBooks Tip – Working with Contractors – Part 3
Contractors will purchase QuickBooks because they hear it's drop dead simple to use or another contractor suggests they purchase it to help them keep track of their accounting needs - so off they go to the local office supply store and come home with their QuickBooks software, they get the program installed and crack open the manual.........only to discover that while they can read a set of blueprints the QuickBooks manual is like reading Greek! Continue reading
About Your Host:
Nancy Smyth, Sunburst Software Solutions, Inc.QuickBooks Construction & Payroll Expert
I've been using and supporting QuickBooks products since the early 1990's. I've worked with thousands of contractors, assisting them with QuickBooks setup, Certified Payroll Reporting requirements, AIA Billing and Weighted-Average Overtime.
QuickBooks is a powerful product, but learning how to use it in your construction business can be difficult. I hope you find resources available here to be helpful.
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