For the Construction Industry
QuickBooks Physical
How it’s done: We remotely connect to your desktop computer or you upload your QuickBooks Company file to our secure portal. In either case, the confidentiality of your financial information is of the utmost importance to us.
Deliverables: You’ll receive a Summary Report of our Physical that rates from 1 to 5 Stars how well you’re doing in 20 different areas. We’ll show you how well you’re job costing, how accurate your job cost reports are, and how accurate your company financial reports are. We’ll highlight areas for improvement on your reports. No changes will be made to your QuickBooks Company file.
Areas we rate: Job Cost Reports; Job Costing Accuracy; Estimating & Purchase Orders; Lists & Preferences; and Company Financial Reports.
We’ll also have a 1-hour Zoom meeting, telephone call, or in-person meeting if local, to answer your questions and discuss how our collaboration can HELP YOU MAKE MORE MONEY!
Cost: $2,500
Proactive Tax Planning and Preparation
Did you know the properly advised construction contractor should have 2 sets of books? Really! We can show you where it says this in the IRS Construction Industry Audit Technique Guide. Revenue recognition and depreciation methods should always be different for financial statements and tax returns.
Tax Return Physical
We look at your last 3 years of business and individual tax returns. We always find ways to minimize tax.
Financial Statements for Bonding or for Prequalification
The formats of these two financial statements are very different! We work regularly with bonding agents and surety underwriters and know exactly what job schedules and accounting disclosures they require in your financial statements. Substandard work is no longer accepted and a waste of your money.
We also collaborate with clients that use other construction management software products.
Additional Practice Areas
The role of Most Trusted Business Advisor for Small & Medium Sized Closely-Held Businesses
This is our flagship service. We find this future-focused service is sorely needed and critical to your future success.
