J. Miller and Company Blog

June 17, 2008

Get the Numbers Right! Get the Right Numbers!



EVERYTHING you need to know to run your construction company using QuickBooks Pro for Contractors!


Day 1:  getting the information right –

§  We’ll go through the complete setup of QuickBooks Pro Contractor Edition 2008 so you’ll be able to effectively and efficiently enter the data to produce useable information. 


Day 2:  getting the right information –

§  We’ll discuss the vital reports in QuickBooks Pro, how to set them up for consistency, how to read them and what they mean.  We’ll track trends and ratios and build a matrix for your own company which will tell you at a glance how you’re doing.


What you’ll learn:

§  How to set up the vital lists to give you simple but complete financial reports AND job costs which tie into the financials.

§  The simple method to put labor burden onto the jobs so that your estimated and actual labor rates are comparable.

§  The power as well as the significant dangers in using QuickBooks Pro and how to protect against the biggest danger – embezzlement.

§  How much detail is necessary to produce good job cost reports and how to get just that amount and no more.

§  The best ways to handle project management in QBP including subcontract control, cost to complete calculations and change orders.

§  What reports you need to review and when – how to know when they’re right.

§  What job cost reports to use to make your estimating better.

§  The true costs of field labor.

§  A few simple ratios to track your company’s success without having to look at the underlying reports – get these from your bookkeeper every Monday and attend to sales and production the rest of the week.


Additionally, you’ll receive:

§  The newly revised 2008 edition of “Managing your Remodeling Company using QuickBooks Pro” written by Judith Miller.

§  A CD containing a complete sample company setup for your use – just transfer the information to your computer and start using the program the way it was meant to be used – simply and effectively!

§  A checklist for deciding whether it’s best to start a new company or modify your current set-up.

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