Paying your QuickBooks Bills can be easier (even pain free!) – when you use your software to its fullest capacity. Situation 1: You’ve entered a bill into your QuickBooks, and it’s now listed as an outstanding payable. You’ [...]
How much should you charge for employee time? Most small and medium-sized businesses don’t know their exact employee labor rates – and how much they should charge for their employees’ time. It may appear that the [...]
To Calculate Manufacturing Overhead by Job, Be Sure to Include These Labor Costs Manufacturing direct labor costs vs. manufacturing overhead labor: what’s the difference? And which should you include in your costing and pricing models? [...]
Business owners can take a look at their company’s gross payroll, payroll taxes, and employee benefits for previous years to find out how much their overall labor force is expected to cost them. But finding [...]
Business owners who use QuickBooks or Enterprise accounting software can benefit greatly from the built-in job costing features such as its ability to assign payroll and payroll tax costs to jobs – but there is [...]
Calculating labor costs seems straightforward: compensation plus benefits should equal how much you’re spending on labor, right? Wrong. Unfortunately, business owners don’t have it that easy. There’s much more to figuring out whethe Read More
The accounting blogs listed below are some of the most reputable and informative online. I wanted to create a quality resource for people seeking any additional accounting advice, so below you’ll find what I believe [...]
Trying to decide between QuickBooks Online versus the QuickBooks Pro or Premier ‘desktop’ versions? When I spend time in the forums I see a lot of opinions from QuickBooks users regarding ease of use, cost, and which version small (o [...]
Recently, a participant in one of the online forums that I like to ‘attend’ asked “What should I look for when I choose my next accountant?” As a QuickBooks ProAdvisor and accountant who’s worked with [...]
Do you ever wonder if you’re using QuickBooks to its fullest potential? Check out a QuickBooks course to learn how to make it work for you. Are you one of the millions of businesses using [...]
Learn how to implement a management accounting system for your business so you can make informed decisions each day. Did you know there are different types of accountants and accounting viewpoints? Many business owners don’t. [...]
Are you one of the many small-business owners taking on your own accounting? Let QuickBooks help you like it’s helped millions others. In recent years, many small- and midsize-business owners have been steering away from [...]
Job cost reporting can reveal the true costs and profits for each job as they happen, allowing you to fix issues before they cost you. Are you keeping a close eye on your materials costs, [...]
Learn how job cost accounting can help small-business owners take control over each job and their profits through cost and profit analysis. As a small-business owner, one of the best ways you can track the [...]
Knowing how to calculate and interpret your gross profit percentage helps keep your profits high and your costs low. Learn how today. Gross profit percentage: In plain English, this is the percentage of money you [...]
Every business owner needs to know how to calculate their profit margin – after all, it’s what shows you how much profit you’re making. How much profit your business is making might be the most [...]
Calculating overhead can be tricky, but QuickBooks can help you calculate and monitor your business overhead expense effectively. Do you know what your business overhead expenses are? Or how to actually calculate your overhead? Maybe [...]
Taking over your business’ accounting system can be confusing. So, let’s start by going over basic accounting concepts, principles & terms. If you’re getting ready to set up your own in-house accounting system for your [...]
Learn how to accurately gauge the financial health of your company through your accounts payable information. Even if you are new to accounting, I imagine that you’ve heard the term “accounts payable” before. For those [...]
Let BuildYourNumbers.com explain why you should use QuickBooks compatible inventory software to integrate and streamline your systems. Do you have an inventory? If so, how do you keep track of that inventory? Whether you’re already [...]