Common Construction Contractor Bookkeeping Issues With Accounts Payable

Randal DeHart

Accounts Payable keeps track of the bills owed to a supplier or subcontractor. A proper Construction Contractor Bookkeeping System uses the Accounts Payable feature to track unpaid bills.

Can An Outsourced Bookkeeper Save Your Company?


Oftentimes, businesses do not have the ability to hire a team of experts in their accounting department. Many company owners attempt to manage the company books themselves, but this could easily lead to inaccuracies and issues somewhere down the road.


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Accounting Today

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Tips To Stay Current on Your Bookkeeping


It's easy to fall behind on things like bookkeeping. You load up your Quickbooks file. It's back in January? But that was six months ago! Running a business takes a lot of time. It's much worse if you're also falling behind on things like vendor payments and tax filings.

Change Your Mindset: The Key to Growing Your Accounting Practice

Speaker: David Bergstein, Chief Innovation Officer at Bergstein CPA

Whether re-integrating back to in-office life or staying digitally connected through remote work, the first step in determining how to spur growth comes with reevaluating your company's willingness to change mindset. Join David Bergstein, Chief Innovation Officer at Bergstein CPA, as he shares insight on the accounting landscape, new trends, and practical tips for reevaluating your company's positionality.

Bookkeeping Fundamentals for Small Business Owners


Bookkeeping Fundamentals for Small Business Owners. Bookkeeping Fundamentals for Small Business Owners. Cloud-based accounting software can provide a whole suite of tools to help business owners get ahead. Handle payments and manage accounts payable. Setting up your chart of accounts to be tax-ready from the start will help you with tax saving opportunities and help you prepare for your tax liabilities, with no surprises. Small Business Finances Bookkeeping

How Does Online Bookkeeping Work?


Small business owners around the world are migrating to cloud-based bookkeeping software to keep their financial records and reports organized and accessible. To save time, some choose to partner with an online bookkeeper. . How Do Online Bookkeepers Access Physical Documents? .

5 Reasons why every bookkeeper should stop charging by the hour


When it comes to pricing their services, most new bookkeepers start off with charging their clients by the hour. I certainly did that in the early days of my bookkeeping business too. Bookkeeping BIZ Bookkeeping Business Bookkeeping clients Pricing bookkeeping services

Why Is Up-To-Date Bookkeeping So Important?


Updated and accurate bookkeeping is the backbone to keeping a business running smoothly. Whether a business owner is handling all of their bookkeeping in-house, or if an outsourced service provider is taking care of it, here are a few reasons why up-to-date bookkeeping is so important.

Can Effective Bookkeeping Be Done Remotely?


Of course, bookkeeping can be done remotely - We're the best at it! Remote bookkeeping is an option for business owners that is growing rapidly in popularity.

Why Should You Outsource Your Bookkeeping?


outsourced accounting services outsourced accounting accounting services outsourced services outsourced bookkeeping services outsourced bookkeeping client accounting services casOperating a small business takes a lot of time for owners and employees.

10 Pragmatic Guidelines to Inspire Trust in Your Accounting Firm During COVID Times

Speaker: Javier Goldin, Managing Partner at Goldin Group LLC

The accounting profession has been moving from transactional to advisory work. Advisory work is based on relationships and an ongoing dialogue. The pandemic has forced many firms into a remote environment. The implicit trust of a face-to-face interaction is gone. So how do you rebuild or reproduce that trust, key to a relationship, in a remote environment. Can it be done and if so how to best execute? Join Javier Goldin, Managing Partner at the Goldin Group, LLC, for this enlightening discussion on the elements of engendering trust.

Top Online Bookkeeping and Accounting Services for 2021


Good business bookkeeping is vital for any successful company, both for legal and financial reasons. There are a lot of reasons why business bookkeeping is useful. Finally, good business bookkeeping provides data so you can use it to analyze financial trends, costs, profits, and more.

Founders – Bookkeeping vs. Accounting: What’s the Difference?

Shay CPA

When it comes to differentiating bookkeepers from accountants, a lot of startup founders primarily focus on when to hire them. For example, you might hire a bookkeeper on an ongoing basis, but only work with an accountant during tax filing season. Bookkeeping 101.

Backed up Bookkeeping – 5 Tips on Managing Your Accounting


If you’re running your own business, in Los Angeles, or Orange County, regardless of how large or small your company is, you simply must ensure that you have your books and accounts in order. Here are several tips on managing your accounting. Back Taxes Bookkeeping & Accounting

Virtual Bookkeeping Services Could Be Best For Your Business


Simply put, a virtual bookkeeping service is when an accountant or bookkeeper works with their client in a remote fashion. It is done by utilizing various accounting software and the software allows the bookkeeper to share an account with the client.

Choosing the right firm for your Business Bookkeeping Services


Bookkeeping is a very important part of any business and unless you have a dedicated department to handle yours, you should consider hiring an outside tax/accounting firm. Top 5 Reasons to hire a tax/accounting firm to service your businesses bookkeeping needs.

4 Steps to Building Your Client Advisory Services Practice With Passion & Purpose

Speaker: Amy Vetter, CEO of The B3 Method Institute

As a CPA, consultant and entrepreneur, Amy will share insights and best practices from her own experience starting and growing an advisory services practice on her own and as a Partner in accounting, and from her 10+ years of advising thousands of firm leaders on how to grow and scale their businesses. You will walk away with actionable tools, tips and resources for creating and maintaining a solid, scalable foundation for your business for years to come.

How Women are Overcoming Bias in Bookkeeping

Accounting Web

Bookkeeping How Women are Overcoming Bias in Bookkeeping

Year-End Bookkeeping and Accounting Checklist for Small Business Owners


Between catching their breath after tax season and managing holiday traffic and sales, year-end bookkeeping and accounting tasks understandably fall to the bottom of the to-do list. . Our online bookkeepers provide catch up bookkeeping services , so you can focus on the future. .

What is a Virtual Bookkeeping Company?


When it comes to owning a business, the last thing anyone wants is to spend valuable time sorting out their accounts. Yet while this is the case, it's important that businesses keep on top of their accounting and don’t let it slide — which is where a virtual bookkeeping company comes in.

Bad Business Practices In Construction Bookkeeping

Randal DeHart

One of the biggest challenges construction company owners like you have with an in-house bookkeeper is training them to work for your best interest, not theirs, and deliver consistent results and the reports you can trust daily, year after year.

Rethinking the Concept of the Employee: How Outsourcing Can Help Grow Your Accounting Business

Speaker: Dixie McCurley, Principal, Digital Advisory at Cherry Bekaert LLP

The very mention of the word "Outsourcing" is enough to send shivers down the employee spine. However, this gut reaction - while understandable - is merely based on misconceptions. Outsourcing does not necessarily mean mass layoffs and transplanting offshore. Rather, it could be utilized as an employee-friendly way to assuage an overburdened staff, relieve productivity bottlenecks, and stimulate growth. Join Dixie McCurley, Principal, Digital Advisory at Cherry Bekaert LLP, for this enlightening discussion on the ins and outs of outsourcing, and what it can do for your practice.

Behind the scenes at 5 Minute Bookkeeping


If you’re here, you’ve likely heard of the 5 Minute Bookkeeping blog, and maybe the 5 Minute Bookkeeping YouTube channel , too. Read on to see what happens behind the scenes at 5 Minute Bookkeeping and how these videos come about.

How Much Does Bookkeeping Cost For A Small To Medium Sized Business?


Understanding virtual bookkeeping along with accounting processes is paramount to any business. Companies are moving toward virtual bookkeeping services out of convenience and cost savings.

Bookkeepers vs. Accountants: What Nonprofit Leaders Need to Know


As a mission-focused nonprofit leader, you may have found yourself ignoring worries in the back office, like bookkeeping and accounting, until they simply can't be ignored anymore. Nonprofit Accounting & Reporting6 min read.

What is a Virtual Bookkeeper and How Can One Help Your Business?


Hiring a bookkeeper can be a great way to make sure your company's accounting needs are being handled. But you might be surprised to know that the bookkeeper doesn't have to be in-house, at all.

Managing Security Issues with a Remote Workforce while Continuing to Grow Your Practice

Speaker: Jim Bourke, Managing Director Advisory Services at WithumSmith+Brown

In this discussion, Jim Bourke, Managing Director Advisory Services at WithumSmith+Brown, will share his perspective on what he witnessed during this period of change – the good and the bad, and he’ll share some of the best practices for security and privacy in our space around technology and innovative advisory offerings in this new world.

What Is Catch-Up Bookkeeping?


Xendoo provides online bookkeeping , accounting, and tax support for your partnership business. When you get behind in your books, you have two choices: lose sleep or turn to a catch-up bookkeeping service to help you out. . What is catch-up bookkeeping?

The biggest mistakes I made in my bookkeeping business


Starting a bookkeeping business is fulfilling, but it’s not without challenges. A lot goes into building a bookkeeping business from the ground up, and there are sure to be some missteps. Truth be told, I have made my share mistakes while building my bookkeeping business.

Paid diagnostic review: Every bookkeeper’s weapon for taking on a big QuickBooks Online cleanup


Keep reading or click on the video linked below to learn about the paid diagnostic review: every bookkeeper’s weapon for taking on a big QuickBooks Online cleanup project. What is the paid diagnostic review and how can you use it effectively for your bookkeeping business?

Interested in a Full Charge Bookkeeping Role? Read This 

Patriot Software

Ready to move beyond bookkeeping into a slightly more complex role? If so, you might consider full charge bookkeeping. But, what exactly does a full charge bookkeeper do? How to become a full charge bookkeeper […] READ MORE. Accountant Professional

Crafting Your Accounting Innovation Strategy

Speaker: Donny C. Shimamoto, CPA.CITP, CGMA

Tired of everyone telling you that you need to modernize your accounting operations, but not telling you how to actually do it? Attend this non-technical, but technology-focused session to actually work through creating an innovation strategy and developing a plan for modernizing the way you provide accounting services with the latest accounting technologies.

The Ultimate Guide to Finding the Perfect Outsourced Accounting and Bookkeeping Service


Continue reading for help with this ultimate guide for finding the perfect outsourced accounting and bookkeeping services provider.

8 Benefits of Online Bookkeeping


When you first started your company, it might have made sense to try to handle your own bookkeeping and accounting needs. Why not rely on an online accounting service to take these tasks off your plate so you can focus on your business? . Business Benefits of Online Bookkeeping.

How to charge for bookkeeping services


Is not knowing how to charge for bookkeeping services holding you back? I know that for many virtual bookkeepers, the problem isn’t the technical know-how, the problem is being able to confidently price their services. Bookkeeping BIZ Bookkeeping Business Bookkeeping clients

The biggest pricing mistakes I have made in my bookkeeping business


Are you struggling with pricing your bookkeeping services? It was certainly one of the areas that I struggled with the most while growing my virtual bookkeeping business. This is a very common mistake that most new bookkeepers do.

What Are Client Accounting Services and Do You Need Them?


And yet, there is some merit to the idea of pursuing client accounting services for your business—if you can figure out what it is that you’re looking for that is.

Tips for Solo Virtual Bookkeeping Success

Accounting Web

Practice Excellence Tips for Solo Virtual Bookkeeping Success

What Can Outsourced Bookkeeping Services Do for My IT Company?


The day-to-day grind makes it difficult for you to find the time to focus on working on the back end of your business by making sure your financial accounts are up to date. Provides You With a Dedicated Team : Our outsourced bookkeeping services provides you with a U.S.-based

Bookkeeping Basics for Your Small Business


Whenever you operate a small business, you need to know little something about the basics of bookkeeping. A little understanding of bookkeeping can ramp up your business operations. Don't worry though, you don't have to be a calculus wizard to understand bookkeeping.

3 Ways to Organize Your Company’s Bookkeeping


That means that as many as 27 percent keep it “simple” and use the same credit cards and bank accounts for business and personal use, according to one survey. Online BookkeepingSeparate business and personal. Small businesses often mix business with pleasure.

Los Angeles Business Bookkeeping Services – Choosing the right firm


Bookkeeping is a very important part of any business and unless you have a dedicated department to handle yours, you should consider hiring an outside tax/accounting firm. Hopefully, by the time you get to the end of this article, we provided you with enough reasons to choose to go with a tax/accounting firm that offers the best Business Bookkeeping Services. Top 5 Reasons to hire a tax/accounting firm to service your businesses bookkeeping needs.