Construction Bookkeeping
- We take the guesswork out of construction bookkeeping and accounting. We assist many industry clients with their bookkeeping.
- General Contractor and Residential Home Builders
- Architects and Designers
- Roofers
- Plumbers
- Electricians
- Painters
- Landscapers
How will a bookkeeper help my construction company?
Construction bookkeeping is one of the most vital parts of the business for many construction companies.
Using specialized construction accounting software, the following bookkeeping services for construction can be delivered:
- Job costing and overhead expenses calculation
- Calculate labor costs
- Determine direct and indirect costs
- Manage payroll and accounts payable
- Generate financial reports
- Manage multiple bank accounts
- Compile business receipts
- Track expenses and revenue
- Cash flow analysis
- Provide management with construction bookkeeping tips
how do you account for Expenses and job costing?
You need to know what your bottom line is at the end of the day. Track your job costs properly so you can see what your job profit is as well as estimate the next job properly.
Do you have Subcontractors?
Do you hire and pay subcontractors? Are you aware you must provide them with a 1099 at the end of the year? That is another service we provide at Price BKS.
What software do you use?
- QuickBooks Online
- QuickBooks Desktop
- Xero
- FreshBooks
- Wave
- Sage
- JobTrend
Do you have Progress Payments?
In construction, it is common to bill clients on a progressive schedule throughout the project.
Here at Price Bookkeeping Services, we are familiar with billing clients by progress payments, Payment applications, AIA G702/G703.
Progress Payments
Payroll is run weekly, bi-weekly, bi-monthly, or monthly to pay employees an agreement rate vs the hours they worked or a salary.
Certified Payroll is typically required for government projects. They provide a rate you must pay depending on the task, and provide them with certified payroll reports.
We specialize in both regular employee payroll and Certified payroll.
Payroll vs. Certified Payroll
Has it been months or even years since you have had the time to properly record all of your expenses and income?
Great News, we offer Clean up and Catch up services for your finances!
Files will be ready to hand over to your CPA for tax time.