QUICKBOOKS GENERAL CONTRACTOR FREE SUBSCRIPTION FOR

For setup pricing, to purchase additional subscriptions, or for general DBSync billing questions, call 1-877. Backup can only occur if Intuit Data Protect is correctly set up by user and should only be set up on a single computer. Not available to QuickBooks for Mac or QuickBooks Online users. Contractor: Which Is Better?QuickBooks Enterprise Contractor Edition. Industry Specific Editions General Business, General Contractor, Manufacturing & Wholesale, Nonprofit, Professional Services, and Retail.1.2 General Detailed definitions of the Contracting Officer (CO), Contracting Officers Representative (COR), Construction Inspector (CI ) and Field Inspector (.QuickBooks Pro vs. With QuickBooks Premier you can have up to 5 users, industry-specific reports, create sales orders, track costs for products and inventoryn and set product and service prices by customer type.

Quickbooks General Contractor Free Subscription For

If you don't know that you're borrowingToo much until you run this report, then it's going to be useful.Decision Tools include the following options, many of which are available fromThe Company Center option in Pro: measure profitability (uses company data),Analyze financial strength (uses company data), compare debt and ownership(uses company data), depreciate your assets (Premier version only providesInstruction on topic of depreciation and allows you to set up depreciationSchedules for your assets), manage your receivables (advice), employee, contractor,Or temp (legal definitions and advice), improve your cash flow (advice), trackYour taxes (tips about setting up QB as data source for standard tax-preparingSoftware such as TurboTax), prepare for tax filing (year-end checklist andTips), and periodic tasks (list of tasks to perform weekly, monthly, quarterly,Premier comes with a 12-month free subscription for RemoteOr not this is realistic, useful, or practical depends on your access (dial-upVs. The usefulness of what youGet depends on whether or not you're already using other standardized meansTo analyze your financial information. You choose the industry and company size for comparison purposes.It also prints out bar charts for easy viewing. The financial projection will be incorporated intoThe Expert Analysis Tool pulls data from two financial periods (to look atChanges between periods) and spits out information about your company's liquidity,Profits and profit margin, sales, borrowing, fixed assets, and employees basedOn ratios.

This report shows hours worked on jobs during a designated time period, sortedBy employee. Therefore, only users willing to start a brand-new file will reap the benefits of the pre-existing setup.Bear in mind, too, that virtually all the Contractor activities in the Premier Contractor edition are located in Pro's Customer, Vendor, and Employee menus, and all the reports listed in the Premier Contractor edition's Contractor Reports menu are also available through Pro, although you need to know more about the software to access or create them.For example, in Premier for Contractors you will see the following report underThe Contractor Reports menu: Billed/Unbilled Hours by Person and Job (see Figure1). Once you upgrade your existing file, it will look precisely like Pro, with the exception of the special Contractor activities and reports menus, which you may find convenient. Because your file already contains the Chart of Accounts, the Items List, and possibly the Class List, you will bypass getting to use what Intuit has set up for you in the Contractor's edition. Assuming that you elect to keep your existing company file, you will simply upgrade your current software to the Premier version. You can get it to give you virtually everything you want for your company, but it takes work and a high level of understanding of the software.Which product works best for you depends on several factors: whether you are already using the Pro version your accounting expertise and the extent to which you wish to customize the file.Is Pro working for you? If you're already using the Pro version and it's working, much of the initial advantage of the Contractor edition will be lost to you.

Pro's 'Construction' ChartOf Accounts, by contrast, mixes up some direct and indirect costs.Pro's 'Construction' Chart of Accounts is woefully poor, and actually mixes together job-related and overhead costs. Premier for Contractor's preset Chart of AccountsWill give a good start to users with no background in accounting. On the other hand, if your accounting backgroundIs limited and you're coming to QuickBooks as a first-time user, you will certainlyAvoid some common errors if you use Premier Contractor's preset Chart of AccountsFigure 2. A modified report from QuickBooks Pro (right)Shows the same information the report can be renamed and saved for ready access.Premier Chart of Accounts better. This pre-existing report (left)In Premier Contractor's version shows billed, unbilled, and not billed costsFor various jobs, sorted by employee. Once memorized,This report could be available to you in Pro by whatever name you wish.Figure 1.

The benefit ofHaving a pre-existing setup that conforms to somebody else's perception of whatWorks depends on how closely that perception matches your own.It's a lot like estimating software. In Pro, however, you won't find any accounts assignedTo Cost of Goods Sold categories, and you'll find Subcontractors and Job MaterialsSet up as Expense accounts and treated the same as office supplies and postage.While easy to correct, users with a limited understanding of accounting may hesitateIf you truly love customizing to get things just the way you want them, you mayFind that it takes the same amount of effort to change the pre-existing setupFor Premier Contractor as it takes to create your own in Pro. That would relegate yourTruck loan interest, office supplies, and accounting costs to overhead, in accountsCategorized as Expense. All of these job-related costs should be 'above the line' inThe category of accounts called Cost of Goods Sold.

Nobody thinks through a job exactly the same way, and some contractors are unwilling to conform to a system that's a mismatch for the way they think. Others have long lines of estimating packages sitting on their shelves and have settled on a custom-designed spreadsheet because it feels comfortable, thinks the way they do, and spits out paperwork in a format that appeals to them. They're willing to excuse its idiosyncrasies or inefficiencies in the name of expediency.

The Class List comes preset for you, which means that when you runA job-cost report of Estimated vs. The list can be modified to suit the user,But given the extra cost for Premier, extensive customization would be betterJob-cost reports depend on a blend of Items and Classes in the Contractor version.For every job-related transaction you enter, you must enter the phase by Item,And the kind of charge (labor, materials, subs, equipment rental, and so forth)By Class. Premier Contractor's preset Items list is similar to the phase listIn HomeTech's estimating program. If you don't like what you see, you can always change things toSuit you, but that may negate the advantage of purchasing the more expensiveFigure 3.

If you're accustomed to breaking out your labor, material, and subCosts through your Items and using Class tracking for another purpose (such asCategorizing the kind of job, customer, or location), then this may feel cumbersomeIn QuickBooks Contractor allow you to expand the lump-sum totals in a job-costReport (tracked by Item alone, top right) into a breakdown by revenue and costCategories (bottom left). This will give you an analysis for labor, materials,Subs, and equipment, but in a wide layout with many columns that I find visuallyConfusing.

Quickbooks General Contractor For Mac