. Based on U.S. QuickBooks Online customer transaction data categorized from Jan-Apr 2016. QuickBooks Self-Employed customers are not included. QuickBooks Online works on your PC, Mac, tablets, and phones.
Please see for specific requirements: QuickBooks Online works with the following Windows 7 and 8, Mac OS X 10.8 (Mountain Lion), 10.9 (Mavericks), 10.10 (Yosemite), or Chromebooks, Internet connection required (high-speed connection recommended), Supported browsers: Chrome 41 or later, Firefox 36 or later, Internet Explorer 10 or later, Safari 6.2 or later. Also accessible via mobile browsers: Android, Chrome (Android and iOS) and Safari. Terms, conditions, pricing, features, service and support are subject to change without notice.Terms, conditions, pricing, features, service and support are subject to change without notice.
Apr 7, 2016 - Comparison between QuickBooks Online and QuickBooks Mac. Even experienced QuickBooks users struggle to record contractor specific transactions and run the right reports. Learn the tricks that make QuickBooks work for you. Customize QuickBooks to work for you with insider tips and tricks from QuickBooks experts in the construction industry.
QuickBooks® is a generic bookkeeping and accounting program, designed to be used by every type of business that you can imagine. If it was industry specific, well, it would have the same big price tag! Sure, Intuit makes a “Contractor” version, but even then it’s designed to meet the needs of every type of contractor – from the handyman to the bridge builder. As a contractor, you know how important it is to have a plan or blueprint in your hands before you go to the construction site and begin work on the project.
That way, you know what you are up against. This same principle applies to using QuickBooks Financial Software for your accounting, payroll and job costing needs.
Many QuickBooks users fall for the seductive marketing messages that boast “easy to set up, easy to learn to use” and fall prey to the myth of. QuickBooks users aren’t the only ones who fall prey to this myth; so do accounting professionals. As a matter of fact, recently I was asked by a QuickBooks ProAdvisor “What are the most common mistakes that you see happen when using QuickBooks for a construction business?” Here is a list of common mistakes that I see:. Outsourcing payroll. Entering job costs using the Expenses and/or Accounts tab. Thinking or believing that every contractor can/should use the exact same Chart of Accounts or Items List.
Not setting up Items to track both. Not using the built-in Estimate function or an estimating program that interfaces with QuickBooks. Creating a new QuickBooks file for each project/job. Receiving customer payments incorrectly. Not properly applying Vendor Credits to Bills. Not reconciling Bank or Credit Card accounts. Not using the Ask My Accountant Chart of Accounts item for expenditures that are difficult to categorize.
The biggest mistake that I see is business owners (not just contractors) failing to hire someone who can help them to really learn how to use QuickBooks and utilize all the different functions that are available. There are a lot of really great blogs and user forums, such as the forums here at the and the for getting help for free. Keep in mind, when you ask a specific question, it’s difficult for the person answering to know whether or not they should be taking the bigger picture into consideration. When you hire someone who is experienced in using QuickBooks in your industry, they can help you look at the entire plan. Have a question about using QuickBooks in your commercial/government construction business?
Feel free to. Hi Ken I’ll talk to Shannon about doing a series expanding on this post.
In the meantime, to answer your question about payroll. Payroll is one of the bigger expenses that a contractor (or any business for that matter) incurs on a construction project, in my opinion, that payroll really needs to be job costed – otherwise you really don’t know if your bidding is on target. When you outsource your payroll, you don’t get the same quality job costing as you do if you process payroll in QuickBooks.
So, in my opinion you should do your own payroll. Pingback:. Pingback:.
I started working for this company last year and since I’ve been here I cannot produce a Cash Basis Balance sheet that is in balance. I went to EBS and They just told me that I needed to reproduce every invoice that the owner created, received payment on and then Deleted and applied to the updated invoice to show payments received and balance due do date. I have narrowed it down to january 1st 2015 but there isn’t anything that matches the amount that it’s off. We haven’t turned in taxes for 2016 yeat due to this problem. I am at a loss as to how to fix this. Good day quickbooksusers.com SEO Link building is a process that requires a lot of time. If you aren’t using SEO software then you will know the amount of work load involved in creating accounts, confirming emails and submitting your contents to thousands of websites in proper time and completely automated.
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