Knowledge Base

Learn How to Flip Houses Using FlipperForce's Powerful Software Tools and Features!

What's the difference between a Company and a Contact?

Disclaimer: FlipperForce does not provide tax, legal, or accounting advice. This report and FAQ are for informational purposes only and should not be soley relied upon for tax compliance. Because IRS rules are complex and subject to change, we strongly recommend consulting with a qualified tax professional or accountant before making business decisions or filing returns.

Companies

Companies are Businesses, Companies, Subcontractors, or Suppliers you do business with on your projects. For example, Home Depot, your General Contractors, Painters, Real Estate Broker, Lender, Title Company, etc.

Contacts

Contacts are employees in a Company or any random individual you need to store in your database. Contact Examples: A potential buyer, a home seller, your mother-in-law etc.

Software Functionality Differences

One of the key differences between Companies and Contacts, is Companies can be assigned to your Project Schedule Tasks and assigned to Expenses.

Companies on the Scheduler

Companies on the Expense Tracker

Companies on the Expense Tracker

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