I know I'm not calculating prices or tenders any longer, but when I did, I used a series of linked spreadsheets which relied on a 'master' spredsheet in which all the latest prices were held and kept up-to-date. The pricing spreadsheets were pretty similar to those I make available on the main website, except they gave a lot more detail about labour requirements (tradesman/labourer/driver/etc).
However, the basic concept was that, f'rinstance, for a block paved driveway I'd only need to input type of block, total area, total perimeter and the pattern, and it would churn out a detailed cost plus a 'quotation' which could be printed off for the client.
For day-to-day accounting, then, as now, I relied on Quickbooks. I know my accountant isn't a big fan but I understand it, I'm familiar with it, I find it almost impossible to balls-up, and it gives me the feedback I deperately need on where I'm making and losing money. I let it do all the brane-ake about profits, losses, margins, VAT and everything else so that I can focus on what I do best - gawping at paving!
Spreadsheet
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i agree 100% with Dan on this, as soon as punters want to avoid VAT you know they will want to cut other corners,including maybe the price
best tip I ever heard was from Steve from London Stone,and that was never be worried to talk numbers to people
I.E. to most of us on here 100k +VAT may seem a lot of money,but to our target audience its kinda what they are expecting
interested in the quick books that Tony MC mentioned,I use a spreadsheet for general stuff but find with Building stuff there are so many factors that it is hard to just use a spreadsheet,so always end up checking prices manually
LLL
best tip I ever heard was from Steve from London Stone,and that was never be worried to talk numbers to people
I.E. to most of us on here 100k +VAT may seem a lot of money,but to our target audience its kinda what they are expecting
interested in the quick books that Tony MC mentioned,I use a spreadsheet for general stuff but find with Building stuff there are so many factors that it is hard to just use a spreadsheet,so always end up checking prices manually
LLL
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I would also avoid bringing the vat calculation into your profit. You should of be working on a net basis with regards to your profits and losses
I include gross figures in my spreadsheet but also a column with the seperate vat amount to make sums easier.
Gave up trying to analyse profit on each individual job long time ago. Although contracting not my main bread and butter. Too many combined overheads
I include gross figures in my spreadsheet but also a column with the seperate vat amount to make sums easier.
Gave up trying to analyse profit on each individual job long time ago. Although contracting not my main bread and butter. Too many combined overheads
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