Bookkeeping for Construction Companies - Nashville, TN Accounting Firm

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Bookkeeping for construction companies: in this video, I show you one of the most efficient ways to do bookkeeping for your construction company. This video is geared to small construction companies-my next one will be for large construction companies. I know that most small construction companies don’t want to spend a lot on bookkeeping, and this video is geared toward contractors who fit in that category.
I have a simple, quick way of doing the books for anyone in the construction industry. With the method I reveal in this video, all you have to do is tell your CPA or bookkeeper what you want out of your bookkeeping and he or she will be able to easily plug in variables to add to the simple bookkeeping for contractors concept I’m introducing here, according to your needs and desires.
I’m a CPA who works a lot with construction companies. I do bookkeeping, tax work, workers comp audits, financial statements and so forth. But what I enjoy doing the most is the bookkeeping because, frankly, a lot of construction companies’ books are a complete mess and I like to clean them up, show them the best way to go about doing their bookkeeping and have them understand the statements that they are looking at. I feel that they get a whole lot out of that.
Through trial and error, I’ve come up with the best and most efficient way to produce understandable financial statements at an affordable rate. This can be done fairly quickly by a competent CPA.
In my case, I have a bookkeeper I use a lot so I’m able to charge very affordable rates-I just review the bookkeeper’s work all the way through, which I can do pretty quickly, and that’s how I’m able to charge very reasonable rates.
In the video, I quickly run through a case study of a hypothetical construction company to show you how simple and easy it is to organize your construction company’s bookkeeping using my method.
If you'd like to contact me, visit my website (www.evanhcpa.com) or use the contact information below:
Evan Hutcheson, CPA, LLC
2303 21st Ave South, Ste 201
Nashville, TN 37212
phone: 615-727-2295
fax: 615-750-2014
email: evan@evanhcpa.com
Hours: 8 a.m. to 6 p.m. Mon~Fri
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Пікірлер: 23

  • @joshuavillaverde2112
    @joshuavillaverde21125 жыл бұрын

    Thanks, this was quick, informative and useful for custom application!

  • @jaynefranzinoromero5877
    @jaynefranzinoromero58775 ай бұрын

    Excellent! Exactly what is needed. : ))

  • @infantry0508
    @infantry05086 жыл бұрын

    Evan, thanks a bunch for your help, your expertise was much appreciated, I'll definitely recommend you any chance I get !!

  • @JonJohnsonHomes
    @JonJohnsonHomes Жыл бұрын

    This was great Much appreciated

  • @jadepwinters
    @jadepwinters8 жыл бұрын

    This video was extremely helpful. My husband and I have a design/build business in Texas that really took off this year and I am overwhelmed with the bookkeeping part. Any idea if there is a job code template resource out there online somewhere? Just wanted to check before I reinvent the wheel... Thanks again for such a great video!

  • @desertfox1792
    @desertfox17923 жыл бұрын

    So Quickbooks is basically the go-to for small business book keeping once you get cost codes set up?

  • @CapeCodLenore
    @CapeCodLenore6 жыл бұрын

    Any updates? It's 2017, I'm using Quickbooks for Contractors.

  • @czache
    @czache3 жыл бұрын

    Do you have any clean up series for construction company?

  • @genesisworld6993
    @genesisworld69936 жыл бұрын

    what program you using?

  • @imacenurface
    @imacenurface6 жыл бұрын

    How to I hire you to make this for my busienss

  • @nubiaslife5515
    @nubiaslife5515 Жыл бұрын

    Wow this video is great. Is there a way that I would be able to get a copy of the spreadsheet from you with the codes? I am starting the books for my husbands construction company and a little overwhelmed. I have no idea where to start but this seems great!

  • @musicmuso81

    @musicmuso81

    Жыл бұрын

    were you able to get the link to the spreadsheet? I would like it too

  • @dantehastea
    @dantehastea4 жыл бұрын

    Hello I want to watch a 30 minute long video

  • @jilliancollins1364
    @jilliancollins13644 жыл бұрын

    Hi Evan! I appreciate you posting this video. You don’t happen to give out your spreadsheet of all your codes do you?

  • @Adriana-bh9td

    @Adriana-bh9td

    2 жыл бұрын

    @Eddie Duff Hello, I am helping my brother bookkeep his construction business and found this video helpful! Can you also send the spreadsheet with the codes and maybe the profit loss example you used?

  • @Adriana-bh9td

    @Adriana-bh9td

    2 жыл бұрын

    @Eddie Duff Could you send me those?

  • @aziahabdshakur

    @aziahabdshakur

    2 жыл бұрын

    @Eddie Duff Hi, i found this video really helpful. currently doing a book keeping for my family construction business. if you don't mind, i would love to have it as well. Thanks

  • @adirhmn7468

    @adirhmn7468

    2 жыл бұрын

    @Eddie Duff Hi, if you don't mind, can I've it too? Really appreciate it.

  • @nm3547

    @nm3547

    2 жыл бұрын

    Hi @Eddie Duff, I went to your page to try to send you my email and ask for the cost codes, but can't see how to send my email to you privately. Can you let me know if you'd be willing to share the cost code spreadsheet. Thanks.

  • @AceCPAsBookkeeping
    @AceCPAsBookkeepingАй бұрын

    TLDR: Evan Hutcheson offers efficient and affordable bookkeeping services tailored to small construction companies, helping them keep track of their expenses and stay on top of their finances. 00:00 📚 Evan Hutcheson offers bookkeeping services tailored to small construction companies, providing efficient and affordable solutions for messy books and financial statements. 01:47 📝 Affordable rates for bookkeeping services, quick review of work, and great rates offered. 02:11 💼 Construction company profit and loss statement shows $300,000 net income, and bookkeeping involves exporting and categorizing bank and credit card transactions. 03:18 📝 Keep track of your construction company's expenses by creating a job code spreadsheet and inputting it into QuickBooks for accurate bookkeeping. 04:36 💼 Use job numbers and expense codes to track construction company expenses and overhead in QuickBooks for detailed reporting and budget analysis. 06:26 💼 Keep track of your actual costs, use a strategy that works for your business, and provide your CPA or bookkeeper with the necessary documents for a quick and minimal fee monthly review. 07:35 📚 Reviewing QuickBooks regularly with an accountant can help construction companies stay on top of their finances and understand their books. 08:28 💡 Construction company bookkeeping is the best and most efficient option, and the speaker is available to help with any questions or assistance needed.

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