Free QuickBooks For Contractors Recorded Webinar

In this hour-long recorded Webinar, I walk you through the key elements of Job-Costing in QuickBooks for Contractors. It’s long and the sound quality isn’t the best, but it’s packed full of incredible information about Setting up your QuickBooks for job-costing, Estimating, Invoicing and more! Love to learn more about Job Costing in QuickBooks for…

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QuickBooks for Contractors Tip – Job Cost and Lump Sum Invoicing

Progress Billing Solution for Sub-Contractors and Lump Sum Draws. QuickBooks™ Premier Contractor Edition offers many options for invoicing and includes a pretty flexible Progress Invoicing feature. However, the Progress invoicing feature is definitely geared more toward line-item billing for General Contractors. Specialty and many General Contractors run up against a customer billing issue when attempting…

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Handling Customer Deposits in QuickBooks

Many businesses who receive deposits (pre-payments) from customers are not aware of how to process these payments properly. One  mistake I see often is receiving a payment and leaving the payment “unapplied” to anything until some later date when an invoice is created.  This process wreaks havoc with your Accounts Receivable and can have serious…

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Setting Up QuickBooks Desktop: Your Beginning Balances

I know how intimidating setting up your beginning balances can be, this step-by-step guide can help. In order to set up your other beginning balances, you will need the following: Your Balance Sheet as of the last date before the start date of your QuickBooks.  Accounts Receivable ‐ A copy of each individual invoice that…

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Where Did My Profit Go?

I get a lot – and I mean A LOT – of small business owners wanting to know why their Profit and Loss report shows that they made money – yet they don’t actually have that money in the bank. I would probably get this question more often, but I only get it from people…

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