QuickBooks bookkeeping for home builders

What we look after for a home builder in QuickBooks

The work follows each house you build for its owner, from the signed contract through handover and the loose ends that come after it.

• Each house kept as a project under its owner, if your QuickBooks subscription has projects, so the claim invoices, trade bills and receipts for that home sit together and can be reported on.
• Stage claims raised as invoices when the house reaches each milestone in the contract, with a running figure of the contract left to claim, and each payment from the owner recorded in line with your accountant's treatment.
• Hardware and trade counter purchases on your card captured as receipts, photographed in the QuickBooks app or forwarded by email, then paired under For review with the purchase already recorded, or entered as a fresh expense, and charged to the house.
• Bills from your trades and suppliers, for slab, frame, roofing, plaster and tiling, charged to the right house, including those that turn up after the keys are handed over.
• Call-backs after handover, such as adjusting a door or patching a crack, recorded against the finished house, so the full cost of completing it shows on that home rather than the next.
• Personal spending on the business card set aside and listed for you to confirm, rather than charged to a house, and left for your accountant to treat.
• Each month QuickBooks is set against the statements for your bank account and card: items yet to clear and mistakes in the books are traced, and a suspected bank error is noted for you to query with your bank.

Businesses by main state or territory

These counts are for the ANZSIC class House Construction. Businesses that build other residential buildings, such as apartments, or commercial buildings are counted in other classes, so they are not included here.