Bookkeeping for Electricians: Why Panel Upgrades and Service Calls Need Different Cost Codes
Service calls and panel upgrades earn money differently. Here is how electricians set up cost codes in QuickBooks Online to see which work pays.
The Hidden Cost of Retainage: Why “Money You’re Owed” Isn’t the Same as Money You Have
Retainage is money you’re owed, not money you have. Here’s how to track every dollar held back in QuickBooks Online and bill the full amount at closeout.
The Four Numbers Every Contractor Should Check Before Q4 Gets Away From You
Four QuickBooks Online reports show where your contracting business stands with three months left in the year: reconciled cash, A/R aging, A/P aging, and year-to-date profit.
Billable Expenses and Time Tracking: The Two Settings That Make Job Costing Automatic
Two QuickBooks Online settings, billable expenses and billable time, put every receipt and crew hour on the right job and the next invoice.
Sub-Customers vs. Projects: Which QuickBooks Setup Actually Fits Your Business
Two contractors run the same QuickBooks Online plan. One can tell you within thirty seconds whether the kitchen remodel made money. The other spends twenty minutes building a report and matching names by hand. The difference isn’t usually the bookkeeper. It’s whether the business is set up with sub-customers or Projects, and most contractors never […]
Which of Your Jobs Made Money This Year? Reading the P&L by Job Report in QuickBooks Online
Your P&L says you made $16,000 this year on three remodels. The number is real, but it hides something important. The kitchen remodel made $12,000. The bathroom remodel made $6,000. The deck build lost $2,000. Add them together and the year looks solid. Look at them one at a time and a different story shows […]
Your Debit Card Doesn’t Know It’s a Business Card
Your debit card doesn’t know the difference between job materials and a Costco run
Why Your Contracting Business Can Be Profitable and Still Run Out of Cash
Why Your Contracting Business Can Be Profitable and Still Run Out of Cash Your P&L says you made $50,000 last month. Your bank account says otherwise — barely enough to cover Friday’s payroll and this week’s supplier invoices. If you’ve been through this, you’re not imagining it, and you’re probably not doing anything wrong with […]
The Smartest Business Decision a Contractor Can Make (Hint: It’s Not a New Truck)
Every contractor has a wish list. New tools. A bigger crew. Maybe a truck that doesn’t have 200,000 miles on it. But the upgrade that quietly makes everything else work better? That’s usually professional bookkeeping services — and it’s the last thing most trades business owners think to invest in. When Busy Doesn’t Mean Profitable […]
QuickBooks Certified ProAdvisor in Prescott Valley, AZ | Sullivan Bookkeeping Services
I’m Now a Verified QuickBooks ProAdvisor — Here’s What That Means for Your Business If you’ve been searching for a bookkeeper who actually knows QuickBooks inside and out — not just someone who learned it on YouTube — I have some exciting news. My QuickBooks ProAdvisor profile is officially live on Intuit’s national directory, and […]