Construction Bookkeeping Services
We specialize in bookkeeping support for contractors and construction businesses.
With over 25 years of experience working with construction companies, we understand the unique financial challenges contractors face — from job costing and progress billing to subcontractor tracking and certified payroll.
Our goal is to keep your financial records accurate, organized, and ready for tax season so you can focus on running your projects.
Bookkeeping Support for Contractors
General Contractors
Financial tracking for multi-phase construction projects.
Roofing Contractors
Track materials, labor costs, and project profitability.
Trades & Subcontractors
Electricians, plumbers, HVAC, painters, and specialty trades.
Remodelers & Builders
Job costing and expense tracking by project.
Construction Accounting Services
Job Costing
Track labor, materials, and subcontractor costs by project so you always know which jobs are profitable.
Progress Billing & AIA Billing
Support for progress billing and construction invoicing based on project completion milestones.
Subcontractor Tracking
Management of subcontractor payments, W-9 collection, and 1099 preparation.
Expense Tracking by Project
Categorize expenses so you can clearly see project costs.
Payroll & Certified Payroll
Support for construction payroll including certified payroll reporting when required.
Financial Reporting
Clear financial reports including:
• Profit & Loss
• Job profitability reports
• Cash flow tracking
Why Construction Businesses Need Specialized Bookkeeping
Construction businesses operate differently than many other industries.
Tracking project costs, managing subcontractors, and monitoring job profitability requires accurate financial tracking.
A professional construction bookkeeper helps ensure:
✔ Accurate job costing
✔ Clear visibility into project profitability
✔ Organized financial records for tax preparation
✔ Compliance with subcontractor and payroll reporting requirements
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.
Need Help Managing Your Construction Books?
Whether you need ongoing bookkeeping support, help cleaning up your books, or assistance with job costing and payroll, Price Bookkeeping Services is here to help.