Finally! Construction workers can submit accurate time cards chock full of the data you need to generate useful Job Costing Reports without the hassle of pen and paper!
The old way of submitting time cards was good for its time; however it costs your construction company too much time and money and is draining profit dollars away at an alarming rate!
The average construction worker spends three minutes a day or fifteen minutes a week filling out a paper time card at a cost to your construction company of $8.91 ($35.64 construction worker fully burdened labor rate per hour X 0.25)
Add ten minutes for the bookkeeper to read, interpret and key in each time card into either QuickBooks or Xero Accounting Online and file the paper time card
Total cost per construction employee = $6.32 ($25.29 regular bookkeeper fully burdened labor rate per hour X 0.25)
And who knows how accurate the Job Costing Reports are? This means your construction company spends roughly $15.23 for each construction worker's paper time card!
Is it any wonder your construction company feels like a pipe for money to flow through without you being able to keep hardly any of it for you and your family?
We provide outsourced accounting services to construction companies just like yours all across the U.S.A. and continually find new and innovative ways to help them keep more money in their pockets to operate and grow their companies by finding ways to cut costs and streamline their construction accounting operations.
Three Construction Employees X $15.23 A Week X 52 Weeks A Year = $792.09 To The Bottom Line
This is just one example of how Fast Easy Accounting is helping construction company owners just put more money in the bank to operate and grow their companies. Construction accounting is not rocket science; it is a lot harder than that and a lot more valuable to people like you. Stop missing out! Contact Us!
Manual time cards are more painful than a root canal because the pain from a root canal will go away; manual time card pain is repeated over and over, again and again.
We have found the best time card calculator for construction pain relief in TSheets.Com and proud to announce our affiliation with these fine folks!
Our role is similar to our relationship with Intuit as a ProAdvisor. We now offer TSheets as part of our Outsourced Contractors Bookkeeping Services to construction companies as a solution to one of the biggest pain points in construction accounting, Job Cost Reports and payroll processing - Construction time card tracking!
For the record I will say TSheets is very easy to setup and maintain and in most cases a ProAdvisor let alone a Construction Accountant is not required to set it up and get some basic use out of it. However, if you own and operate a construction company then the minor cost to have us setup QuickBooks and maintain your contractors bookkeeping services will be more than worthwhile.
We have used a number of time tracking and time card calculator processes in our Contractors Bookkeeping services System beginning with cave drawings, pencil and paper and a few dozen so called computerized and web-based time tracking systems. Until recently we believed the outdated pencil and paper is the most reliable method for construction time cards and entering the data into QuickBooks. And it was the only way to do it for our construction clients who need Job Costing Reports.
Handwritten time cards is the worst option possible in this high tech world we live in and especially for us since we serve construction contractors all across the U.S.A. by keeping almost everything we do is in the cloud. Outsourced Construction Accounting Services For Contractors All Across The U.S.A. By Fast Easy Accounting 206-361-3950206-361-3950
Most computerized and web-based time tracking systems are huge time wasters and hard to work with because they are primarily designed for people that work at a fixed location, doing repetitive tasks like a factory or retail store. Which makes sense because of the difference between Construction Accounting and Regular Accounting is huge and the market for regular accounting is enormous when compared to construction accounting.
I recently discovered TSheets, or as I like to call it "Time Card Calculator That Actually Works" - Randalism, when I sat in on one of their seminars hosted by Victoria Horn, who turned out to be one of the best tech support professionals I have ever had the pleasure to work with!
I was multitasking with multiple computers and screens while listening on headphones when all of a sudden Victoria said something that grabbed my full-attention like when dinner is being served. This recap is not word for word, just a rough idea of what I filtered out:
Our Time Card Calculator Links To QuickBooks Jobs! What? Can It Be?
Having wandered the time card calculator desert for so many years and grasped at illusions and which turned out to be mirages I immediately used a few action verbs and a number of descriptive adjectives and almost hung up!
You just have to love your amygdala! That little bit of gray matter in the front part of the temporal lobe of the cerebrum which processes especially anger and fear also known as the gate keeper of the mind.
However, Victoria had real sincerity in her voice and I had a funny feeling perhaps she was telling the truth as she understood it and perhaps, just maybe, TSheets.Com had the answer to a HUGE PROBLEM that we had been searching for since first using QuickBooks in 1991, over twenty years, so I stayed and finished the webinar giving Victoria my full attention.
Subsequently I signed up and decided to give it ten minutes before deleting it and confirming my preconceived notion, paradigm that it was impossible to have cake and eat it too or in this case a time card calculator that works for QuickBooks Job Costing Reports. Much to my utter surprise TSheets.Com was actually easy to work with and setup.
I spent the next hour watching some of their videos and reading a bit of their material. After having a difficulty linking it to our QuickBooks Desktop Cloud Server I decided to test out the help desk. Yes, I am that guy who asks for directions and listens to what is being said.
My experience with most software companies is the help desk is where the new people are put in a company wide effort to promote the division known as the “Customer Prevention Department”.
Not so at Tsheets.com, I opened an online chat and Victoria happened to be available. I thought she was a different "Victoria", not the person who hosted the webinar. I got all of my questions answered and was very satisfied. However, since we service the construction industry and have construction company clients all across the U.S.A. there were some issues that could not be readily solved in a chat window so I requested a live phone call.
I was expecting to have to repeat the entire problem statement over again and you can imagine my surprise when Victoria herself called. She was very professional, patient and quickly solved the setup issues. We are now in the process of joining their "ProAdvisors We Trust" at TSheets.
TSheets is very easy to setup and maintain and in most cases a ProAdvisor let alone a Construction Accountant is not required to set it up and get some basic use out of it. However, if you own and operate a construction company then the minor cost to have us setup QuickBooks and maintain your contractors bookkeeping services will be more than worthwhile.
Profitable Construction - Companies have known about the value of outsourced bookkeeping services for a long time and now you know about it too!
We Scan Your Receipts And Invoices link the appropriate transactions to QuickBooks or Xero Accounting Online depending on the construction accounting service you are using and provide ongoing Cloud Based Contractors Bookkeeping Services by accountants who understand construction.
Thinking About Outsourcing Your Contractors Bookkeeping Services?
We Are Xero Accounting Experts Specializing In Construction Bookkeeping Services
About The Author:
Randal DeHart, PMP, QPA The Construction Accountant Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. He is the leading expert in outsourced construction bookkeeping and accounting services for small construction companies across the USA. He is experienced as a Contractor, Project Management Professional, Construction Accountant, Intuit ProAdvisor, QuickBooks For Contractors Expert and Xero Accounting Specialist and Bill.Com Certified Guru. This combination of experience and skill sets provides a unique perspective which allows him to see the world through the eyes of a contractor, Project Manager, Accountant and construction accountant. This quadruple understanding is what sets him apart from other Intuit ProAdvisors and Xero accountants to the benefit of all of the construction contractors he serves across the USA. Visit http://www.fasteasyaccounting.com/randal-dehart/ to learn more.
Our Co-Founder Randal DeHart - Is a Certified PMP (Project Management Professional) with several years of construction project management experience. His expertise is construction accounting systems engineering and process development. His exhaustive study of several leading experts including the work of Dr. W. Edward Deming, Michael Gerber, Walter A. Shewhart, James Lewis and dozens of others was the foundation upon which our Construction Bookkeeping System is based and continues to evolve and improve. Follow Randal on Google+