Bookkeeping nightmares as a carpenter in north jersey
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SparkPlugMike
·5mo·44 replies·39 participants
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SparkPlugMike⚒️ JourneymanOP5mo
180
Man, being a solo carpenter in north jersey is tough enough with all the old houses needing custom trim and cabinet work, but tracking every damn receipt for Festool tools and lumber is killing me. I dropped $2,800 last month on materials from Grainger alone, and now my QuickBooks is a mess trying to categorize it all for taxes. Saw a thread on r/Carpentry where guys were sharing their horror stories, and it got me thinking about hiring a bookkeeper, but that sounds like another expense I can't afford. Someone in the Contractors Network Facebook group mentioned using something simple like FreshBooks, but idk if it's worth the switch from what I've got. NGL, I'm commiserating with anyone else buried in receipts after a long day on the job site. We've all been there, right?
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SodSlinger3⚒️ Journeyman5mo
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quickbooks is a total pain in the ass for us solo guys too, i end up dumping hours every weekend just sorting receipts instead of charging for actual work.
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NotAnElectrician11⭐ Expert5mo
67
same here, those material receipts pile up faster than sawdust.
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RoofRat887⚒️ Journeyman5mo
29
frustrated as hell with it too, but quickbooks at least integrates with my bank.
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WireWizardWalt⭐ Expert5mo
25
nah, ditch quickbooks for something lighter.
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BrushStrokePro12⭐ Expert5mo
25
Bookkeepers are overrated for small ops like ours; just use apps and save the cash.
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TintTitan⚒️ Journeyman5mo
37
controversial take, but yeah, i handle my own and sleep better.
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SpringSpecialist6⚒️ Journeyman5mo
32
not worth it until you hit 6 figures.
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FrameFreak6⚒️ Journeyman5mo
22
had a audit scare last year from sloppy books, cost me $1k in penalties.
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AmpedUp3⚒️ Journeyman5mo
31
sucks, man.
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CleanFreakCindy⚒️ Journeyman5mo
35
you're not alone, every carpenter i know fights this battle.
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SawdustSavant17⚒️ Journeyman5mo
32
the insurance companies make it worse demanding detailed logs for claims.
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SprayMaster⚒️ Journeyman5mo
23
ranting about this in the carpenters group all the time.
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VentBoss⭐ Expert5mo
34
PE firms buying up shops and forcing fancy software on everyone.
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PickPro⚒️ Journeyman5mo
23
sharks in suits ruining the trade.
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WattTheHeck30⚒️ Journeyman5mo
21
try xero instead, way better for trades like us.
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RustyNailBob5⚒️ Journeyman5mo
38
yeah, switched and never looked back.
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ColorChanger⚒️ Journeyman5mo
34
watched essential craftsman vid on simple tracking, changed my game.
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RoofRat8🔧 Apprentice5mo
30
good call, that guy knows his stuff.
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DustBusterDave⭐ Expert5mo
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clients delaying payments while i chase receipts, total BS.
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RoofRat⭐ Expert5mo
39
big box stores jacking prices and no itemized bills.
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BoxHauler⚒️ Journeyman5mo
41
infuriating.
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SparkPlugSue4⚒️ Journeyman5mo
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switched to quickbooks online last year and it's been smooth sailing ever since, no more late nights stressing over receipts. i used to lose hours chasing down invoices but now everything syncs with my bank in real time. proud to say my books are tighter than my mitre joints these days. if you're in north jersey, check out a local cpa like pogogeff, they saved my ass on taxes.
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VentMasterMike⚒️ Journeyman5mo
50
same rage here.
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GarageGuru8⚒️ Journeyman5mo
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don't skimp on categorizing tools vs materials, saves headaches later.
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DuctDoctor5⚒️ Journeyman5mo
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insurance audits hit hard if books are off.
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HammerTimeGuy6⭐ Expert5mo
55
lol, my ledger looks like a kid's drawing after a week of framing.
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ShingleShark2⚒️ Journeyman5mo
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software overlords pushing updates that break everything.
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HardwoodHero5⚒️ Journeyman5mo
30
workers comp premiums skyrocketing because of poor records.
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TileTerror9⚒️ Journeyman5mo
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the whole system's rigged against small guys.
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RoofRat5⭐ Expert5mo
39
yeah, feels like we're all getting screwed.
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BloomBoss2⭐ Expert5mo
22
use apps like expensify for scanning receipts on site.
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BeamBoss5⚒️ Journeyman5mo
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collective BS, insurance wants blood.
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WireWizard7⚒️ Journeyman5mo
22
estimators lowballing jobs without proper tracking.
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BeamBoss4⚒️ Journeyman5mo
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pro tip: separate business credit card for everything.
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SubfloorSam⚒️ Journeyman5mo
25
burned out from double entries every night.
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GutterGuru2⚒️ Journeyman5mo
17
frustrated doesn't cover it, man.
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VacuumVince⚒️ Journeyman5mo
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bookkeeping's my kryptonite too, last week i spent three hours trying to categorize 'misc nails and beer' as a business expense lol.
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FlushMaster3000⚒️ Journeyman5mo
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link your sawdust-covered bank statements directly, cuts time in half.
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RoofRat5⭐ Expert5mo
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damn right, the man.
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BeamBoss5⚒️ Journeyman5mo
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customer ghosting after install, no payment no records.
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WireWizard7⚒️ Journeyman5mo
31
my books are so bad, even the IRS would laugh. customer called about a wonky shelf, turns out i billed him for the whole damn kitchen reno.
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BeamBoss4⚒️ Journeyman5mo
24
hate when a simple trim job balloons into full accounting hell.