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Old 08-20-2012, 04:51 PM
LwnmwrMan22 LwnmwrMan22 is offline
LawnSite Platinum Member
 
Join Date: Mar 2004
Location: Minnesota
Posts: 4,377
I believe Quickbooks works with Hartford exclusively to auto withdraw the work comp weekly.

Most of the time your work comp will be done with yearly estimates.

At the end of the year, you will do an audit that pertains to the amount of hours worked/wages paid.

The biggest problem for me was snowplowing. I cannot predict the amount of snow we will get. 2 years ago we had a snowfall that was near the most ever. Last year we had 22".

Our average is 55".

The Quickbooks deal helps with cash flow. I don't have a large payment at the beginning of the policy period and then hope for a refund. OR I don't have to get a report from the audit that I owe another $2,500 before I write the next policy's check of $4,000.
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