Most business owners do not like reading financial reports. That is why they hire us! You know your financial statements will help you make better decisions, but they are so difficult to understand. Is there a way to see the parts of the business that matter the most to you? One way to solve this […]
Category Archives: Construction
21
Jun
Jun
You are running multiple jobs simultaneously in your construction business. You want to: Organize and track costs by project Bill reimbursements to your customers with ease Ensure you are charging enough for your services But project management software seems complicated to learn and expensive to purchase. Did you know that you can track projects in […]
04
Jan
Jan
Having accurate accounting data is absolutely crucial to the long-term success of your business. Especially in the construction business, accurate accounting is the key to growing your profitability, preventing fraud, monitoring costs, and keeping your clients happy throughout the course of a project. Bad or inaccurate data, on the other hand, could lead to disaster. […]
16
Oct
Oct
Before becoming a virtual accountant, I worked in an accounting department for a development firm. One of the larger divisions of this firm was the custom construction of single-family homes. The craftsmanship of the final project was spectacular. Processing and filing the build paperwork? Not so much. One custom home could have several boxes of […]
25
Sep
Sep
We are continuing our series on those in the trades – specifically construction – and one area that those in the trades have special consideration is payroll. Payroll can feel hard. We get it. In the construction field, there are other factors to consider such as where your employees are, what jobs they are working […]
11
Sep
Sep
Every skilled craftsman carries a toolbox. Big or small, a toolbox stores all the tools you need for the project at hand. It protects your tools from damage and keeps them organized, which can save you valuable time. Technology has brought many changes to trade businesses. As a result, the traditional toolbox for contractors has […]
21
Aug
Aug
I recently read a great article on the Xero blog about what tradespeople want from their accountant or bookkeeper. It struck a chord with me because we love working with those in the trades. My dad is a licensed landscape contractor and my mom (the founder of BBB) has always done his books. She saw […]
21
Mar
Mar
This month we are featuring construction contractors. We love working with construction contractors and you could even say we specialize in working with contractors. Contractors face some unique challenges. Today we will talk about three challenges that contractors might face and how tools in Xero can help solve these challenges. Invoicing and Getting Paid Quickly We […]