Keep your projects running smoothly while we handle your finances. With our specialized bookkeeping services for construction, you gain accurate job cost tracking, stronger cash flow control, and clearer financial insights, allowing you to build with confidence and stay profitable.
Trusted by hundred of businesses
How We Can Help
We are equipped to cater to all your construction needs
Accounting for construction companies is complex and requires specified accounting software for construction designed for builders, contractors, and developers. That’s why we provide specialized financial services, ensuring that every dollar is accurately accounted for, from monitoring job costs to handling retainage and progress billing.
Job Costing
We break down every expense by job, phase, and cost codes to provide you with real-time insights into project profitability and assist in preventing budget overruns before they become unmanageable.
Progress Billing & Retainage Management
We precisely manage change orders, retainage tracking, and generate invoices for construction. From client draw schedules to AIA-style billing, we make sure you get paid timely and accurately.
Certified Payroll & Labor Compliance
We offer payroll services for construction, including certified payrolls, multi-state tax deductions, and prevailing wage requirements, whether they are government-funded, non-union, or union.
Work-in-Progress (WIP) Reporting
We provide precise work-in-progress schedules that monitor earned revenue, over/under billing, and backlog, helping you to forecast and assess the profitability and timeliness of projects.
Asset Depreciation Tracking
We help you manage the financial aspects of heavy equipment by tracking usage, depreciation, maintenance, and resale value to optimize the return on investment on each asset.
Tax Compliance
We help you legally reduce your liabilities and guarantee complete compliance with construction tax regulations, from contractor deductions to sales tax on materials.
What Do We Do
Your all-in-one accounting partner for construction success.
From managing project finances to ensuring tax compliance, we offer complete accounting solutions designed for construction firms.
Up-To-Date Financial Books
We maintain real-time, accurate, and detailed data, providing you with a clear view of day-to-day financial health whenever you need it.
Streamlined Bill Payments
We manage outgoing payments with precision, handling invoices, retainage, and lien waivers while reducing admin overload.
Timely And Accurate Invoices
Your invoices are created based on progress billing or milestones, and are sent automatically, followed by smart reminders to keep a steady cash flow.
Regular Reporting Of Your Finances
Receive job-specific financial statements, cashflow snapshots, and cost reports, monthly or quarterly, to guide your project decisions.
Tax Preparation And Compliance
We handle contractor taxes, sales tax on materials, and labor-compliant taxes, making sure you’re always ready for deadlines and audits
Automated Payrolls
We seamlessly process payroll for construction teams, from union wages to tax deductions and payroll reporting.
The AccountiPro Edge
We don’t just do your finances - we help you build a sustainable financial system
We don’t just do your finances - we help you build a sustainable financial system
With comprehensive, full-cycle accounting support, we
make sure to help you at every stage of your business growth.
Qualified & Trained Accountants
Trust our certified accountants to log every financial activity with care. Our team knows the ins and outs of the construction industry, from GC to sub. We follow GAAP and construction-specific best practices.
Industry-Grade Technology Stack
We power your bookkeeping with the latest tools, like QuickBooks, cloud-based workflow, and automated data entry. This ensures a seamless data flow, faster closeouts, and smarter reporting.
Cost-Effective Solutions
We provide bookkeeping services for construction that fit your operation as a solo contractor, midsize crew, or a growing firm. From job costing to payroll to WIP reporting, everything is tailored to your workflow.
Scalability & Flexibility
As your project load expands, from managing a few residential buildings to scaling multi-site developments, so do our bookkeeping services for construction, adjusting seamlessly to match the growth of your projects.
Still unsure about your accounting needs?
Talk to our specialized advisors
Bookkeeping For Builders & Developers. Is it necessary?
Yes, because construction is complex. You are juggling different projects, tight margins, unpredictable cash flows, and without accurate bookkeeping, things can spiral fast. Tracking job costs, subcontractor payments, equipment expenses, and progress billing is critical to staying profitable and compliant. Solid financial records help you avoid overruns, manage taxes, secure financing, and confidently grow your business.
What Does Ratio Analysis Tell You?
Ratio analysis helps make sense of your numbers. It takes your financial data, such as your earnings, spending, balance sheets, and income statements, and turns that into clear insights about your business’s liquidity. You’ll see if you have enough cash on hand to cover payroll, materials, and subcontractors, whether your projects are profitable, how efficiently you’re deploying equipment and labor across jobs, and how much debt your company is carrying. For construction businesses, it’s a powerful tool to assess your financial health, track performance over time to spot problems early, and analyze how you compare to others in the industry.
How Are Ratios Calculated?
Ratios are simple comparisons of two financial figures. This is how the most important ratios are calculated:
Current Ratio = Current Assets ÷ Current Liabilities
Why is it necessary?
Because it gauges short-term liquidity, ideally exceeds 1.0.
Quick Ratio = (Current Assets − Inventory) ÷ Current Liabilities
Why is it necessary?
It shows whether a business can immediately cover its short-term debts using only its most liquid assets.
Debt-to-Equity Ratio = Total Debt ÷ Equity
Why is it necessary?
Because it measures financial leverage and long-term obligations.
Return on Assets (ROA) = Net Income ÷ Average Total Assets
Why is it necessary?
Because it shows how productive assets generate profit.
Return on Equity (ROE) = Net Income ÷ Shareholders’ Equity
Why is it necessary?
Because it indicates returns earned on invested capital.
Asset Turnover Ratio = Net Sales ÷ Average Total Assets
Why is it necessary?
Because it measures asset efficiency in generating revenue.
Applications Of Ratio Analysis
Contractors, builders, and developers can use ratio analysis to make smarter, data-driven decisions. Here is why different ratios are important in construction:
Liquidity ratios indicate if you have enough cash to cover material costs, payroll, and vendor payments without relying on credit.
Leverage ratios, such as debt-to-equity, assess if your projects are over-leveraged and whether you can handle your loan obligations.
Efficiency ratios track how well you are using your equipment, labor, and resources to stay productive and profitable.
Profitability ratios, such as gross margin and return on assets, show how much you’re earning from each project or asset.
Why Builders & Developers Should Use Ratio Analysis?
By combining accurate and on-time bookkeeping and ratio analysis, you get a clear understanding of your financial condition. It helps you catch cost overruns early, improve budgeting, manage cash flow better, and make confident decisions about bidding, scaling, or investing
With the right numbers in hand, you’ll know exactly where your money’s going, and how to make more of it.
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FAQs
What is Construction Bookkeeping?
Construction bookkeeping is the process of tracking all financial transactions related to construction projects. This includes recording job costs, managing payroll for workers, handling subcontractor payments, and monitoring expenses to ensure profitability
Why is Construction Bookkeeping Unique?
Construction bookkeeping is unique because it involves various project-specific costs, such as materials, labor, equipment rentals, and overhead. Additionally, it requires tracking multiple job sites, progress billing, and compliance with industry regulations, making it more complex than standard bookkeeping
What Advanced Tips Do I Need as a Construction Business Owner?
As a construction business owner, it’s crucial to implement a robust project management system that integrates with your accounting software, accurately track job costs and change orders, maintain organized records for each project, and regularly review financial statements to identify trends and areas for improvement
What Are Best Practices for Construction Bookkeeping?
Best practices include using specialized construction accounting software, maintaining detailed job cost ledgers, conducting monthly reconciliations, tracking time and materials accurately, and working closely with a bookkeeper experienced in construction finance to ensure compliance and efficiency
Can Construction Bookkeeping Be Outsourced?
Yes. Many construction firms choose to outsource their bookkeeping to specialized firms. This approach can save time, reduce errors, and allow you to focus on managing projects and growing your business instead of handling financial details.
Is bookkeeping necessary for builders and developers?
Yes, it is very important. Accurate bookkeeping helps you track project costs, subcontractor payments, equipment expenses, and client billings. It keeps you tax compliant, audit-ready, and gives you the financial clarity needed to keep jobs profitable and your business growing.
What financial reports do builders and developers need?
Documents that help you understand your financial health are clear, job-specific reports such as income statements, balance sheets, cash flow statements, work-in-progress reports, over/under billing schedules, and job cost summaries.
What’s a healthy current ratio for construction businesses?
A current ratio between 1.5 and 2.0 is generally considered healthy. It means you have enough short-term assets to cover your upcoming liabilities, which helps prevent cash crunches during projects.
What key ratios should contractors, builders, and developers track?
Track important ratios like Debt-to-Equity (to measure your financial leverage), Gross Profit Margin (to understand project profitability), Current Ratio (to ensure you can pay short-term bills), Asset Turnover (to gauge how efficiently you’re using equipment and resources), and Return on Assets (ROA) (to see how well your assets generate profit).
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