#Quickbooks

Yvonne Root

Mar 20, 2020
1 min

Working Remotely

Easing the remote transition Working remotely isn’t a new idea, but it may be for you. Now that you already have or are planning to send your office team home, here are a couple of tips that will help you and your construction contracting office staff. Tonya Schulte, cofounder of The Profit Constructors, offers two tips that will enhance the effectiveness of your remote office workers. As you’ve seen, from creating redundancies for your document information and collection, to

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Counting the Cost in Construction Accounting

Yvonne Root

Feb 13, 2019
3 min

Counting the Cost in Construction Accounting

Counting the Cost in Construction Accounting Counting the Cost in Flood Waters There is an interesting law here in Arizona which is known by the name, “Stupid Motorist Law.” It says something to the effect of “any motorist who becomes stranded after driving around barricades to enter a flooded stretch of roadway may be charged for the cost of their rescue.” Apparently, the law can be found in Arizona Revised Statutes section 28-910. Also, just as apparently, the law isn’t reg

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3 Reasons You Should NOT Work with Schulte and Schulte

Yvonne Root

Dec 12, 2018
3 min

3 Reasons You Should NOT Work with Schulte and Schulte

3 Reasons You Should NOT Work with Schulte and Schulte Reason 1 – you have it under control You have your accounting under control. Your contract management goes off without a hitch. And, your company systems are top notch. It’s understandable, you run a tight ship. You stay up to date with the latest strategies and available tech support in all accounting functions. Plus, you attend accounting conferences, take systemization classes, and understand all the features of your o

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Yvonne Root

Jul 18, 2018
2 min

Hubdoc Explained for Subcontractors

Hubdoc pulls your bank statements, recurring bills, and uploaded receipts into one hub. Yet, that is just the beginning. Using Hubdoc means you can reduce the need for manual data entry and paper filing. Time to get rid of that ugly file cabinet? Your “stuff” is stored in the cloud. And, this is a biggy – you can get to what you need in one place. That means you no longer need to log into multiple sites to retrieve the information you’re after. Hubdoc is set up by us, for you

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The Best Supporting Tech Nominee Is . . .

Yvonne Root

Jul 11, 2018
2 min

The Best Supporting Tech Nominee Is . . .

Hubdoc! Whether or not you faithfully watch the annual Hollywood extravaganza known as the Academy Awards, you know there is a competitive division known as “Best Supporting Actor.” Much like the movie world, the real-life accounting world has tech. Tech which supports the big-name players. Those in the supporting rolls make the movie (or the accounting) so much better. Let’s break this down The best tools you own don’t perform well if they’re used with the wrong attachments.

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Building an Efficient Construction Office – Part 3

Yvonne Root

Mar 7, 2018
3 min

Building an Efficient Construction Office – Part 3

This is the third in a 3-part series dealing with efficiency in a construction contracting office. The first installment can be found here. And, the second here. At this point you’ve begun to understand the importance of working in a pleasant atmosphere and having documented processes. You get that organized and standardized within your construction business means it will run more efficiently. Yet, there are still some issues to be dealt with. How do you know where to start i

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From Accounting to Bidding – Nailing It!

Yvonne Root

Oct 25, 2017
3 min

From Accounting to Bidding – Nailing It!

When you’re in the construction contracting business a lot rests on your ability to present an accurate bid. Before you bid your next job consider how your financial records and reports can and should strengthen your bidding accuracy. It isn’t about the luck of the draw, nor is it about hoping you get close. It is about knowing and understanding the basic numbers (i.e. how much the materials cost, how many people it will take, how many hours will be involved) as well as a sle

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17hats: All-in-One Business Management Software

Yvonne Root

May 25, 2017
3 min

17hats: All-in-One Business Management Software

In this monthly post, it’s my pleasure to introduce you to one of the many apps that we at Schulte and Schulte endorse and recommend to our customers. As a firm of construction accounting specialists, we love to help companies in the construction industry with their books and finances, part of that help is finding different apps or software that can help our clients out. During this monthly feature, we take a look at several apps that we love at Schulte and Schulte, LLC, and

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Financials: Cash Basis versus Accrual Basis for QuickBooks Online

Yvonne Root

May 16, 2017
4 min

Financials: Cash Basis versus Accrual Basis for QuickBooks Online

If you want to get a handle on the numbers in your Construction Contracting business then it is imperative you understand your financial statements. Understanding the difference between a cash basis financial statement and an accrual basis financial statement is a good start. Then, understanding what makes them different in QuickBooks online and how they’re deciphered there aids you in getting a firm grip on those numbers. Cash Basis Perspective Gained – The Cash Flow within

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CoConstruct: Custom Build and Remodel Software

Yvonne Root

Apr 27, 2017
2 min

CoConstruct: Custom Build and Remodel Software

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JOBBER: Business Management Solution for Field Service Companies

Yvonne Root

Mar 23, 2017
2 min

JOBBER: Business Management Solution for Field Service Companies

At Schulte and Schulte, our passion is in working with any company that fits under the construction umbrella. This includes construction service businesses like plumbers, HVAC techs, roofers, landscape techs, etc. Some of the apps that have been, and will be, featured in this blog series are feature filed and do have elements that would be beneficial to construction service businesses. However, we feel strongly about finding an app or software solution for each of our clie

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KNOWIFY: Manage Your Entire Contracting Business in One Place

Yvonne Root

Feb 23, 2017
2 min

KNOWIFY: Manage Your Entire Contracting Business in One Place

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5 Tips to Help You Streamline Your Construction Contracting Business

Yvonne Root

Jan 17, 2017
5 min

5 Tips to Help You Streamline Your Construction Contracting Business

There are deadlines to meet, customers to satisfy, and (let’s face it) the important dollar to chase. You work hard to build your contracting business. Finding ways to streamline the regular functioning is an ongoing process. Today, we present five “tools” for you to use in making your business run a little more smoothly. Close the door! Even if you decided to start your own construction contracting firm because you didn’t like your former boss’s real or implied closed door

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3 Things Contractors and Sub-Contractors Should Be Doing in Their QuickBooks Software

Tonya Schulte

Jul 26, 2016
3 min

3 Things Contractors and Sub-Contractors Should Be Doing in Their QuickBooks Software

Here are just three of the things that EVERY contractor who uses QuickBooks ought to be doing in their QuickBooks program: Estimating Anyone who has ever created a bid for a job knows that it can be a very intimidating process – everything from stressing over whether or not you have the right projected costs, to anticipating material delivery times, to making sure you are properly accounting for overhead can contribute to an overwhelming process. Here is where it is good to

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How to Set Up Transaction Privilege Tax in QuickBooks Online

Tonya Schulte

Jul 4, 2016
1 min

How to Set Up Transaction Privilege Tax in QuickBooks Online

Tonya shows how to set up Arizona sales tax features in QuickBooks Online. (For best viewing, watch full screen.) #TPT #QuickbooksOnline #MRRA #Quickbooks #salestax #Arizona

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