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QuickBooks 4 Contractors blog

QuickBooks for Contractors blog

  • There is so much news and information floating around the web – it’s difficult (at best) to keep up! I’ve added a WordPress plug-in that grabs information from my Twitter stream to help me (and hopefully you as well) keep up with everything. Look for the Weekly Wrap-Up: News You Can Use every Friday. See what caught my attention this week in these topics: Accounting & Taxes, eBooks/Webinars/Videos, Payroll/Certified Payroll/Prevailing Wage, QuickBooks, Small Business/Organization/Productivity, Construction, and Social Media/Marketing/Website Design.

  • Entering payroll for normal employee work hours and drive time and passing only the work hours through to client invoices is not only important but confusing. The following question was submitted by a reader who pays from the start of the first job till the end of the last job of the day (not including lunch break). I have my employees fill out a time tracker sheet each day that shows the time started at the first job till the end, drive time in between jobs, so on and so forth. I enter this into QuickBooks but I can't figure out where to enter in drive time to pay the girls their hourly wage on payroll but to not invoice anyone for drive time.

  • Can you deduct the cost of lost equipment from your employee’s pay? As a business owner I'm betting that on more than one occasion you have had an employee who has lost his company provided cell phone more than once and you've have to replace it. Perhaps you want to recover the cost of the phone via a payroll deduction - before you do, read the rest of this article, because the answer depends first on state and federal restrictions and second on how much you want to deduct.

  • There is so much news and information floating around the web – it’s difficult (at best) to keep up! I’ve added a WordPress plug-in that grabs information from my Twitter stream to help me (and hopefully you as well) keep up with everything. Look for the Weekly Wrap-Up: News You Can Use every Friday. See what's in store this week!

  • An important QuickBooks Payroll System Maintenance Announcement - a system-wide upgrade will start at 6 p.m. on Thursday 5/24/2012 and continue through 5 a.m. on Tuesday 5/29/2012 - Direct Deposit will also be effected and don't forget that this is also the Memorial Day holiday weekend! QuickBooks Payroll will not process direct deposit checks dated for Monday, May 28, 2012 due to the Memorial Day holiday. In order for your employees to receive their paychecks before Monday, May 28, you should change your paycheck date to Friday, May 25 and send your payroll by 5pm PT on Wednesday, May 23.

Certified Payroll Training

How To Fulfill Your Certified Payroll Reporting Requirements.  Live 2-hour training webinar - $89.00 per person.  Click here for more information.

certified payroll reporting training webinar


  

New QuickBooks Support & Training Website

We've launched a new website specifically for QuickBooks Support & Training.  Visit Learn to Use QuickBooks in your construction business.

Read more...

WH-347 Certified Payroll Reporting Requirements Changed 1/1/2012 - Are You Ready?  How to Fulfill Your Certified Payroll Reporting Requirements - 2 hour live webinar, $89.00 per person

Certified Payroll training classThe current economic situation has dealt a serious blow to both homebuilders and commercial contractors and many are finding themselves making the move to Public Works construction and Prevailing Wage projects. 

Making the move from residential/commercial construction projects to government-funded construction projects, which have certified payroll reporting requirements, can be overwhelming for most contractors, their office staff, and the accounting professionals who support them.  This often misunderstood requirement can lead to major problems; including denial of payment and contract termination.  Don't get caught in a payroll certification trap!

Our live, instructor-led, on-line 2-hour training class has also been presented to Associated Builders and Contractors, Inc. members, American Subcontractors Association, Inc. - San Diego branch, and subscribers to the Contracting Post and focuses on the following:

Associated Builders & Contractors

  • What government agencies make the laws behind certified payroll reporting requirements?
  • How to comply with Labor Standards & Payroll Reporting requirements
  • How to complete a Certified Payroll Report & Statement of Compliance
  • Common methods for creating Certified Payroll Reports, Statements of Compliance, EEOC, ARRA and Fringe Benefit Reports
  • State prevailing wage vs. Davis-Bacon forms and which form applies
  • Electronic certified payroll filing requirements
  • Ways contractors pay fringe benefits and how to document the credit you can take
  • Tracking employee time and work classifications
  • Requesting additional "trade/work classifications" and wage rates
  • Typical errors that require correction
  • What happens when things go wrong
  • Automating these time-consuming, error-prone tasks

The Contracting PostWho should attend?

  • Owners
  • Estimators
  • Controllers
  • CFO's
  • Payroll processors
  • Office managers
  • Business development experts
  • Accounting & Consulting professionals
  • Union and non-Union Contractors

"I have attended webinars for $300.00 which did not deliver as much valuable info as this course".

Edye Kaanehe
Golden State Employer Services

"This class exceeded my expectations.  I gained a better understanding of certified payroll and the general flow, especially the section on paying fringe benefits - I thought it was cash or to the union only."

Nancy Gomez
The Bottom Line
Certified QuickBooks Advanced ProAdvisor

The class met, and then exceeded my expectations.  What I got was an education in certified payroll.  The comparison on how fringe benefits are paid and their effects on labor costs were most revealing."

Randy Shaw, CB
Focus Bookkeeping Solutions LLC

Cost - $89.00 per attendee (*no refunds*), class limit of 19.

Disclaimer:  This class does not focus on any sort of state specific prevailing wage training, but rather teaches attendees the requirements at the Federal reporting level.  This knowledge can then be applied to state specific requirements, as necessary.  Additionally, this class IS NOT a training class for how to use our software.

Frequently Asked Question about On-Line Classroom Training:

Refund Policy:

Once you have registered and paid for a training class there are no refunds.  However, if you find that you cannot attend the class that you registered for you may choose to attend another session in the future.  Contact us to reschedule your class.

Cancellation Policy: 

Sunburst Software Solutions, Inc. retains the right to cancel a regularly scheduled webinar which has less than 2 participants; in the event of this situation you will be contacted and allowed to select a future webinar date.

How do we access the training class?

We will provide you with a link to access the training class via an email sent 1 day prior to the class.  Simply click the link, sign in, and enjoy!

Will we have both video and audio during the class?

Both audio and video are available.  The quality of the video feed requires a broadband internet connection (at least 350 MB download speed recommended).  Video experiences may also vary depending on your computer's memory capacity and processing speed.

What is included in the cost of this webinar?

You'll receive a copy of the PowerPoint presentation {in .pdf format with plenty of space to take notes} and a 70+ page Certified Payroll Training Guide {if purchased separately this is a $35.00 value}.

How do we ask questions of the presenter? 

Attendees will be able to submit typed questions to which the presenter will respond verbally.  We will cover as many questions as possible within the time constraints of the session.

Will this training class prepare me with everything I need to know about government-funded construction contracts and certified payroll reporting? 

No, there is no way that a single 2 hour class can teach you everything.  However, the training class and other course materials, which will be provided to each attendee, will provide you with enough background and basic materials that you should be able to handle most things that you encounter.

Does this class offer State specific training for certified payroll requirements? 

No.  The reporting requirements found in all 50 states vary too much to be covered in a single 2-hours class.  We will focus on the reporting requirements of the U.S. Department of Labor's Davis-Bacon Act and the completion of form WH-347; as at one time or another you will be required to submit this form when a job is funded with Federal dollars.

Do you offer CPE credits or a Certificate of Completion for this class?

No.

Will this class teach me how to use your software? 

No, it will not, we offer free Audio/Video Training that will teach you to use our software.  You can find the video's, in both a Flash and Windows Media Player version, in our Support Area.

Sign Up Now:

Online classes are held the 3rd Tuesday of each month; from 4 to 6 p.m. Eastern Standard Time - OR

  • 1:00 - 3:00 p.m. PST OR
  • 2:00 - 4:00 p.m. MST OR
  • 3:00 - 5:00 p.m. CST