A single QuickBooks error cost one subcontractor $47,000 in unbilled change orders. Another GC discovered 23% of their projects were unprofitable but only after they'd already paid workers and vendors. These aren't rare disasters. They're everyday mistakes happening in construction companies right now. Here's the problem: QuickBooks wasn't built specifically for construction. Generic setups miss the nuances of job costing, retention, and progress billing. The result? You're m

January 31st is your deadline. Miss it and you're paying $60 to $310 per form in penalties that's $15,500 down the drain if you manage 50 subcontractors. Here's what you'll get: A simple system to track subcontractor payments year-round, generate accurate 1099-NEC forms in minutes, and file electronically without stress. Why this matters to you: Beyond dodging fines, proper 1099 management protects your business during audits, keeps job costs accurate, and maintains trust wit

Struggling with disorganized finances on your construction sites? A properly configured QuickBooks Chart of Accounts (COA) can change that overnight. This comprehensive guide provides a clear, actionable step-by-step process designed specifically for construction professionals. By the end, you'll have the tools to streamline job costing, reduce errors, maximize profits, and ensure seamless tax compliance turning financial headaches into strategic advantages. Table of Content:

It's not easy to handle payroll in the construction business. It can be hard to keep track of hours, do taxes, and make sure everyone is...

Construction management software  has revolutionized the way contractors and project managers handle the complexities of construction...

Choosing QuickBooks Online vs Desktop can seem daunting, especially for target construction companies looking to streamline their accounting processes. Each version offers unique features and benefits suited to different business needs. This article will help you decide which version is the best QuickBooks for small business . Table of Content: Why Choose QuickBooks for Your Business? Comparison of Main Features: QuickBooks Online vs. Desktop Advantages and Disadvantages o

Job costing means income and expenses tracking by a job, and then comparing its actual amount to its estimated amount.

Let's talk payments. Do you prioritize timely payments? The secret lies in timely invoicing. Especially for those in the Construction...

As a contractor, managing your finances can be a daunting task. QuickBooks, a leading software in bookkeeping and accounting, promises to...

Do you manage a construction business? If so, you likely deal with many financial tasks. These tasks need close attention to detail. One...