Our role
Created a customized Chart of Accounts in QBO for Build & Flip projects to track costs and sales.
Description
Developed a customized Chart of Accounts in QuickBooks Online for Build & Flip real estate projects. The setup organized accounts to track land acquisition, construction materials, labor, subcontractors, and project-related expenses. It also included revenue and cost-of-goods-sold categories for each property, enabling accurate profit analysis and tax-ready reporting. The structure improved financial visibility, streamlined bookkeeping, and supported informed decision-making for each development project.