Daily Archives: November 19, 2019

How to Self-Onboard Your Contractor in Quickbooks Online

Financial Management, Job Costing, QuickBooksBy Sherrell T Martin November 19, 2019 1 Comment

When working with subcontractors and outside service providers, it is important that you obtain a Form W9 from them so that you can are in compliance come tax time. Many contractors don’t want to complete one because they don’t want to report the income. But don’t let them convince you that not getting one is…

The 3 Key Categories for Tracking Construction Costs

Job CostingBy Sherrell T Martin November 19, 2019 Leave a comment

Project accounting is one of the most important financial tracking methods for construction companies. Often referred to as job costing, it is the process of tracking all of your costs and revenues towards a project or job. This is often the key reason why business owners have low or no profitability. Because not tracking all…