Accounting operations & monthly close
Defined accounting responsibilities, account reconciliations, close management, management reporting, and controller-level review.
Client Accounting Services
Construction
Accounting and tax support built around jobs, WIP, and contractor reporting.
Know where each job stands, keep WIP and the general ledger aligned, and organize traceable financial information for management and for surety or lender requirements.
When this relationship may fit
Built for established contractors with recurring financial complexity.
This service is designed for established privately held contractors seeking an ongoing accounting and business-tax relationship or focused preparation for an external requirement.
Fit depends on project complexity, recurring reporting and tax needs, and the capacity of the company's accounting team rather than revenue alone.
If close delays, job-cost inconsistencies, and WIP reporting problems appear connected, an Accounting Operations Assessment can help determine which part of the accounting process needs attention first.
Often a strong fit when
- Multiple projects are active at the same time.
- Change orders, retainage, and billing timing complicate the monthly close.
- Job-cost records and the general ledger do not consistently agree.
- Management needs clearer WIP, underbilling, overbilling, or job-margin reporting.
- A surety or lender expects recurring financial information and supporting schedules.
- The accounting team needs controller-level oversight or additional preparation capacity.
For recurring accounting and business-tax needs
Explore Business Accounting & Tax
Start with the combined ongoing relationship.
Business Accounting & Tax connects the close, management reporting, Controller oversight, and year-round business-tax planning. The focused capabilities below remain available when the need is narrower or tied to a specific outside requirement.
How we can support the financial function
Connect the close, job reporting, business tax, and external requirements.
Each engagement is shaped around the contractor's current team, systems, reporting needs, external requirements, and timing.
WIP & job-cost reporting
Support for job-cost reconciliation, contract billings, change orders, retainage, WIP schedules, underbillings, overbillings, and job-level margin reporting.
Client Accounting ServicesBusiness tax planning & compliance
Tax analysis related to long-term contracts, equipment, entity structure, and work across state lines, based on the company's facts and applicable law.
Business TaxExternal-audit readiness
Organization of accounting records, schedules, documentation, and responsibilities when a surety or lender requires an external financial-statement audit performed by a separate CPA firm.
Audit Readiness
What management should be able to see
A recurring view of job position, margin, cash, and outside requirements.
Job position
Contract value, approved and pending change orders, costs to date, estimated cost to complete, billings, and forecasted margin for each significant job.
WIP and ledger alignment
A WIP schedule that reconciles to job-cost records and the general ledger, with underbillings, overbillings, retainage, and cutoff differences explained.
Cash and collections
Billings, retainage, receivables, committed job costs, and near-term cash requirements connected to the active-job portfolio.
Outside reporting calendar
Known surety, lender, tax, and external-audit preparation requirements assigned to owners with due dates and supporting schedules.
When job growth outruns the accounting process
Keep job reporting aligned as the workload grows.
Overlapping jobs can leave change orders, retainage, and WIP out of step with the books. Job-cost reconciliation and controller review help connect job margins to the monthly close and tax planning.
What should a construction WIP schedule tell management?
See how contract values, job costs, completion estimates, billings, change orders, and forecasted margins can come together in a traceable management schedule.
Read the construction WIP guideQuestions contractors ask before changing the process
Can you work with our current bookkeeper and accounting system?
Yes. We begin by reviewing the current team, responsibilities, systems, and reporting process. We can add close management, WIP support, reporting, or controller-level oversight without automatically replacing the people or platform already in place.
Will the WIP report reconcile to our books, or become another spreadsheet?
The reporting process is designed around a repeatable reconciliation of job costs, billings, change orders, retainage, and WIP to the general ledger. Definitions, source records, and reconciling items remain visible so management can understand the result.
Can you provide the external audit our surety or lender requires?
No. We can organize the accounting records, schedules, documentation, and company responsibilities needed for the requirement. A separate CPA firm performs and issues the external financial-statement audit.
Bring WIP, job costing, and financial reporting back into alignment.
Share the work you perform, where the current reporting is breaking down, and any surety or lender requirement ahead. We'll discuss how to strengthen the financial process around your jobs.
Discuss Your Construction Reporting