Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services
About This Show
Back office support can make or break your contracting company and that is where we come in. We can move your contractor bookkeeping service off the roller coaster of pain onto the merry go round of peace of mind.
Most of our clients come to us because they need help in one or more of these six areas:
1. QuickBooks setup for construction was wrong
2. QuickBooks clean up to make the check register match the bank statement
3. QuickBooks Receivables and Payables are not accurate.
4. Job Costing Reports did not make sense
5. Invoicing customers and getting paid
6. Getting caught up on back tax returns
Once we have your contractors bookkeeping issues under control you will be able to focus your time and energy on understanding financial and job costing reports and making money.
Listening to The Contractors Success M.A.P. can help you overcome the challenges of Marketing, Accounting and Production by focusing on the keys to unlock your contracting company’s natural inclination to generate consistently high cash flow and profits. Because your contracting company wants to generate passive income streams so you can have the freedom to do what you really want to do with your life.
Most Recent Episode
0225: Successful Contractors Employees Produce Results
6 days ago
This Podcast Is Episode Number 0225 And It Will Be About Successful Contractors Employees Produce Results We are excited that you are busy and hiring employees. How do I know this is true? The number of emails I receive about continuing education that reference employees are increasing. The topics you are sharing include wages, access to company funds, providing employee warm and fuzzies and you want to know what is the true cost including payroll taxes of having a Construction Worker on your payroll. More of your emails make references on How To Protect Your Construction Company from your employees. Employees with too much access to credit card accounts Employees with too much access to bank accounts Employees with too little accountability Paper time cards filled out randomly Protection comes from knowing the rules, putting systems in place, and dealing with the money. What type of compensation is required? What type of benefits are required? How to deal with Travel Pay? What should be reimbursed? How do handle fuel? Cell Phone Usage? Cell Phone Bill? Each state has no shortage of rules in place about the rate of pay, schedules and number of hours worked, time off and how it is classified. When travel time starts and ends if the employee travels to the job directly from home. When travel time starts when an employee is in service and goes directly to the job from home and is using the company vehicle. What about side trips to the store, gym, park, personal errands using a company vehicle on the way home from their last job. Every Contractor worth his or her salt wants to be fair to their employees and still be fair to the company.