QuickBooks for Contractors: Desktop vs. Online

Contractor Success Forum

Contractor Success Forum
QuickBooks for Contractors: Desktop vs. Online
May 03, 2022 Season 1 Episode 58
Contractor Success Forum

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The right accounting software can save you time and money, support your business's growth, and help you qualify for bonds. Is QuickBooks up to the job? If so, which version should you use: QuickBooks Online or Desktop? Wade shares the questions you need to answer to find out which software is right for you, as well as his thoughts on the limitations of QuickBooks you might run into as a contractor.

 Topics we cover in this episode include:

  • Can QuickBooks work for contractors, and how does it affect bonds?
  • The limitations of QuickBooks for contractors
  • How to decide which accounting software is right for you: real-time accounting vs after the fact accounting
  • QuickBooks and job costing
  • Summary job costing vs detailed job costing
  • Labor and payroll in QuickBooks
  • Quickbooks versions and remote access

LINKS

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Rob Williams, Profit Strategist | IronGateESS.com
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | McWins.com

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Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs
   
FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com