When it comes to certified payroll and prevailing wage there are a lot of grey areas. Reporting requirements vary by state; many states have multiple agencies with different paper formats and/or require that certified payroll data be submitted via an on-line labor compliance program. To say the least, certified payroll reporting is complex as well as labor intensive. Learn about various way in which Fringe Benefits can be paid - it's not only in cash to the employee or to the Union Hall and then learn the proper way to report the payment of the fringe benefits on the final report.
I talk to folks every day that tell me “I can’t get any job costing reports or information out of QuickBooks!”, and they usually aren’t very happy about the situation. Sometimes that statement literally means that they see no job costing information in QuickBooks, they can't make any sense of the reports or information that they do see – OR –the job costing reports they do see don’t look like the reports that they were used to from their old accounting system, which was industry specific. Proper setup and customizing QuickBooks to meet your needs is KEY!
VIDEO: WIP Calculations can be EASY!
Whether you are a business owner, bookkeeper, or accounting professional, this tool will help you be be far more productive when it comes to preparing WIP Schedules.
This is the recording of the QuickBooks® for Contractors hangout held on Wednesday November 14, 2012. Our hangouts are held on the 2nd Wednesday of each month and can be accessed on the Sunburst Software Solutions, Inc. Google+ page. This hangout focused on year end payroll tasks and important due dates among other things.
Our live panel of long-time QuickBooks users/ProAdvisors had a combined total of more than 68 years of experience in using and/or supporting Intuit QuickBooks Financial software - and with the release of QuickBooks 2013 on Monday the new version was a prime topic of conversation and a live preview of QuickBooks 2013 was presented. Our panel share their thoughts and concerns.
This is the recording of the QuickBooks for Contractors hangout held on 8/11/2012 where we discussed, among other things, CSI Cost Codes vs NAHB Cost Codes.
The next hangout is scheduled for Wednesday September 12, 2012, 5-6 p.m. EST - will you be joining us?
This is the recording of the QuickBooks for Contractors hangout held on 7/11/2012. (Technorati claim token WFSDMZ4GQXJH.) We had a lively discussion which included a discussion on 10 common mistakes that contractors make when using QuickBooks.
The QuickBooks Customer:Job records hold a lot of important information, project information, customer types, job types, job descriptions, start dates, and many other things as well.
QuickBooks offers you two different ways in which to view your Customer:Job List, and did you know that each view can be customized to display additional information that is found within the various tabs of each record? How cool is that?
Worker's Comp and payroll taxes take a huge bite out of a contractors profit when working on Public Works construction projects - especially if the contractor is paying the full fringe benefit rate of the prevailing wage to the employee in cash and not to the Union Hall or into bona-fide plans. Contractors in California will soon be faced with yet another increase in Worker's Compensation premiums.
Join Tim Blackwell of InsuranceDude.com, Steve Kuzmack of Fringe Benefit Experts, and Nancy Smyth of Sunburst Software Solutions, Inc. for a free, live 1 hour *Google+ hangout on Tuesday June 12, 2012 from 5-6 p.m. EST where we discuss easy to understand strategies for saving money.
The integration between QuickBooks and a 3rd Party Application is often very transparent - and totally confusing to both QuickBooks ProAdvisors and end users. The communication between the two programs takes place behind the scenes leaving very little to be seen – often only the end result of a report or task done outside of QuickBooks OR a transaction created in the 3rd party program that is posted into the data file. Everyone says “I need to SEE how IT (the integration) works”. It’s becoming more apparent that people confuse “integration” (the developer’s code) with HOW (the end result) the program works with the data from QuickBooks; even after watching a video about what the program does and how it does it. Watch this pre-recorded video to learn more.