Construction bookkeeping is complicated – it deals with multiple jobs, scopes of work, various trades, and a number of material suppliers.
The accuracy and timeliness of the various reports needed at month-end are critical to decision making for both jobs and the company.
Remodelers Advantage over the years has developed “The R/A Way” to provide both good job costs and managerial reports in a succinct and useful way.
Learn “The R/A Way” at this six-week, 12-hour MasterClass taught by Remodelers Advantage consultant Alice Ferrante.
*Please note this class teaches QuickBooks Desktop only.
You’ll Learn:
- The critical initial set up of chart of accounts, items (representing scopes of work) and payroll items;
- How to enter any job cost transaction to hit the jobs / items / profit & loss statements correctly.
- How indirect expenses provide fully burdened job labor costs which can be used to estimate labor for your next job.
- How to track payroll for both job cost, administrative and owner payroll.
- Reports to pull for job cost review as well as month-end financial reviews.
- How to read a balance sheet and profit & loss statement and what to look for in each.
- Use of WIP (over / under billing) calculation to produce true gross profit margin both $ and %.
- And more…
| Dates | November 3, 2022 |
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Accurate Bookkeeping for Successful Remodeling Companies (November 2022)
$1,495.00