Chart of Accounts Based on NAHB Model

NAHB Chart of Accounts

$70.00

A few of the lessons are available for free. No registration required.

The Structure of the Chart of Accounts

Why Use the Chart of Accounts?

VIDEO
An introduction to the National Association of Home Builders recommended Chart of Accounts. As a builder, you will be interested in this chart of accounts as it will provide the basis for bench-marking your company performance against other builders across the nation.

The Structure of the Chart of Accounts

VIDEO
A deep dive into how the National Association of Home Builders has structured the industry Chart of Accounts.

Construction Accounting: Handling Work-In-Process (WIP)

Your Quickbooks DESKTOP Downloads

Download the Chart of Accounts

For Quickbooks Desktop versions and any other platform which will accept .csv or Excel-based import.

Import the Chart of Accounts

VIDEO
Here are the steps you will take to import the NAHB Chart of Accounts into your Quickbooks program. Other accounting systems should work about the same.

Customize the Chart of Accounts

VIDEO
Some tips to customize the Chart of Accounts from the National Association of Home Builders.

Re-Assign Account Numbers in the Chart of Accounts

VIDEO
Quickbooks has default accounts for which the numbers must be changed to match the NAHB Chart of Accounts. This video demonstrates how to accomplish this task.

Download Cost Codes

Quickbooks calls these “Lists Items”. I recommend creating Cost Codes which correspond to your Estimate line items so you can track the accuracy of your estimates. This download has lists from 60 items to 360+ items for your use.

Using Cost Codes in Quickbooks Desktop

POWERPOINT
This instructional covers why to use cost codes for job costing, how to import a cost codes list, how to use cost codes in transactions, creating a cost codes report, analyzing the cost codes report, and using cost codes with the Quickbooks Estimate feature.

Your Quickbooks ONLINE Downloads

Install the Chart of Accounts in QB Online

Download the Chart of Accounts for Quickbooks Online < 250 items

For Quickbooks Online “Simple Start”, “Essentials”, and “Plus”.

Download the Chart of Accounts for Quickbooks Online “Advanced”

For Quickbooks Online “Advanced”. Two versions of the Chart of Accounts – One using sub-accounts and one not using sub-accounts.

Using Cost Codes in QB Online

POWERPOINT
The same instructional as for Quickbooks Desktop… but for our Online users.

Download Cost Codes (“Products and Services” in QBO)

I recommend creating Cost Codes which correspond to your Estimate line items so you can track the accuracy of your estimates. This download has lists from 60 items to 360+ items for your use.