While most accounting firms may seem the same on the outside, our team is committed to being different by offering reasonably priced services and making ourselves available year-round construction bookkeeping service – not just at tax season. Clients interact directly with partners and managers to discuss personal or business issues and can enjoy timely delivery of service offerings.

Accurate bookkeeping is critical to the continued success of small businesses in the construction industry, but trying to manage these functions can drain time and resources. Build a solid financial foundation for your business with construction bookkeeping services from Vargas Tax & Business Consultants.

being spent in your construction business?

Looking at the job costing can tell you exactly where costs might be increasing or if there is a trend in profitability right now. It’s more specific and immediate data that might not be noticed on the income statement right away, especially if much of your materials are purchased on 30-day net terms. We have worked with construction companies since our inception, helping them become more profitable and grow the right way. We work with companies all over the U.S. and offer entirely virtual services whenever necessary.

Construction production is product-based, decentralized, and long-term. Many industries operate using billing processes like fixed-price and point-of-sale billing. However, since construction companies use a number of billing methods, specialized software might be required to track those billings. Partner with a professional accountant or bookkeeper who knows construction and works exclusively with construction companies.

Job Costing Construction

SLC Bookkeeping can also create a balance sheet, income statement and cash flow statement that prepares your business for lenders and https://www.bookstime.com/ investors. SLC Bookkeeping will examine all aspects of your enterprise and suggest modifications that put your best interests first.

Two small companies received our high-quality accounts receivable and claims management solutions. All our accounting and bookkeeping professionals are proficient in using a wide range of the latest and best accounting tools and technologies. This ensures that all your accounting needs can be met most optimally.

Why Outsource Construction Accounting Services to Flatworld Solutions?

They took care of everything with L&I and made sure my employee was taken care of as well. Most independent workers can manage fine as a sole proprietorship, but it may be wise to consider establishing a LLC or S-Corp. Our professionals can help you decide what format is right for your business. While there are many places where you can find a certified accountant, your best option is to browse the American Institute of Certified Public Accountants database.