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QuickBooks Online vs. QuickBooks Desktop — Which Is Best For You?

QuickBooks Online vs. QuickBooks Desktop — which is best for contractors? I have a confession to make: I love them both!  I’m passionate about helping

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New Receipts Feature in QuickBooks Online August 2019

I am LOVING the new Receipts feature in QuickBooks Online. I think it’s one of the best new features they’ve added in a long time.

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Transfer Credits Between Jobs – NEW 2019 QBDT Feature

I’m a little let down by the lack of new features in QuickBooks Desktop 2019, but there is one that is really exciting and LONG

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Assigning Overhead to Job Cost Reports – Don’t Do It!

One of the most common questions I get is “How can I assign overhead costs to jobs on my job cost reports?”. Some of my

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Why Focusing Only On Job Cost Reports is a BIG Mistake

Don’t get me wrong, your Job Cost Reports provide you with absolutely critical information about all kinds of things: cost overruns, where you are at

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Contractors – Why your Profit and Loss Report Makes No Sense And How to Fix it

Have you ever gotten to the end of a big job and suddenly found yourself in a major cash flow crunch? Are you frustrated because

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Margin vs. Mark up for Contractors

I got a GREAT question from a client today: “Should I use Margin or Mark up?” If you google margin vs. mark up, there’s a

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Take QuickBooks Desktop Online with Qbox

QuickBooks Desktop Online? You heard correctly – there is a nifty program called Qbox that allows you to remotely access your QuickBooks data without paying

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Hi! I'm Penny Lane. I’ve been a Certified QuickBooks Pro-Advisor since 2006, and I’ve been in the bookkeeping business for over a decade. My goal has always been to help my hard-working contractors succeed financially in an often challenging industry, and I love knowing I’ve made a difference. I would love to help you make a difference too!

  • Job Costing Labor in QBO Using the Hourly Cost Method
  • Switching from QuickBooks Desktop to Quickbooks Online for Contractors – Don’t Go It Alone
  • Estimates vs Actuals in QBO?!?!?! Yes, BUT… January 2023
  • Construction Accounting for Custom and Remodels vs. House Flipping and Speculative Building
  • All the Ways to Get Paid: Invoicing for Projects With QuickBooks Online
  • August 2023
  • January 2023
  • November 2022
  • March 2021
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  • August 2020
  • August 2019
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  • December 2014
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  • August 2013
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  • January 2012
  • January 2011
  • December 2010
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