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LatitudeBuilders
October 21, 2022

Attention Home Builders!

  • October 21, 2022
  • 1 reply
  • 0 views

How have you set up your quick books chart of accounts for your business? Do you set up each "budget" like Plumbing, HVAC, Electrical, Countertops, insulation, etc. as a cost of goods sold categorization? Then set up each house as a project? 

 

My husband subcontracts everything out, and we are moving away from excel into the real deal with Quick books (ha), so any help in setting the system up for success given his industry would be very much appreciated! 

    1 reply

    MorganB
    MorganB
    October 24, 2022

    Hey there, LatitudeBuilders.

     

    Thanks for reaching out for support here in the Community. This is a great place to gain some advice and know-how from fellow QuickBooks users. 


    While you wait to hear from other folks with a similar setup, I recommend speaking with an accountant to help get you started. If you don't have an accountant already, you can find one in your area specifically trained in QuickBooks by searching the ProAdvisor site. They'll be able to give you the best advice for your Chart of Accounts based on your unique business setup and workflows. 

     

    If you need any assistance with the entries after speaking with them, please don't hesitate to reach back out here. Help is only a comment or post away.

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