Contractor Success Map With Randal Dehart | Contractor Bookkeeping And Accounting Services

This Podcast Is Episode Number 0113 And It Will Be About Do Contractors Need Every QuickBooks Feature? One of the most common complaints we hear from contractors is they feel like they are missing out if they are not using all that QuickBooks has to offer. Most contractors are hard driving Type "A" personalities who are concerned they are paying full price for QuickBooks and only using a fraction of what it can do and it drives them crazy. QuickBooks has over 100 built in reports and those reports can be filtered to display over 1,000,000 combinations. In addition to the staggering number of custom and special reports that can be developed in QuickBooks. The sheer volume of reports in QuickBooks makes it impossible to use all of them. The truth is no contractor uses 100% of the power of QuickBooks. For Example - The simple Profit & Loss Report Can Be Shown Four Different Ways With Little Effort Profit & Loss Report Can Be Shown As Accrual Basis or Cash Basis: Accrual Basis is generally for internal u