What We Handle for Construction Companies
Full-service accounting and bookkeeping so your project financials are clean, compliant, and useful for decision-making.
Job Costing
Per-job cost tracking across labor, materials, equipment, and subcontractors. Know exactly which jobs are profitable and which ones are eating your margins.
WIP Reporting
Work-in-progress schedules that satisfy bonding companies and lenders. We produce compliant WIP reports monthly so you always know where every project stands.
AIA Billing & Progress Invoicing
Accurate AIA G702/G703 billing aligned to your percent-complete. We handle the paperwork so you get paid faster and avoid change order disputes.
Subcontractor 1099 Management
Year-round tracking of subcontractor payments so tax season is a non-event. W-9 collection, payment reconciliation, and timely 1099 filings — all handled.
Monthly Financial Reporting
P&L by job, division, or project manager. See exactly where your company makes money and where overhead is creeping in.
The Royal Revenue System
Our proprietary review process that typically uncovers $10k+ in hidden savings across vendor contracts, tax strategy, and operational waste.
See what clean books look like for your construction company
15 minutes. We’ll walk through your current setup and show you exactly what we’d handle.
Not Just Bookkeepers
Most outsourced bookkeeping firms hand your files to data entry clerks. We don’t.
Your books are managed by degreed staff accountants. We have CPAs on our team. Journal entries, financial statement prep, and variance analysis get done right the first time.
Month-end close, financial statement analysis, and reporting that goes beyond recording transactions. We handle the accounting work most bookkeeping firms can’t.
No DIY dashboards or AI-generated reports you have to review yourself. A dedicated accounting team that knows your industry handles everything.
Job Costing That Actually Tells You What’s Profitable
The problem: Most contractors don’t know which jobs are profitable until the project is over. By then, the margin is already gone and the lessons come too late for the next bid.
How we fix it: We set up per-job cost tracking in QuickBooks that captures labor, materials, equipment, and sub costs in real time. You see margin by job every month — not just at project closeout. That means better bids, faster course corrections, and fewer surprises.
WIP Reports Your Bonding Company Will Trust
The problem: Your bonding company and lender need accurate work-in-progress schedules, but producing them is painful. Most contractors either guess at percent-complete or fall behind on updates, putting their bonding capacity at risk.
How we fix it: We produce compliant WIP schedules every month, reconciled to your job cost data. Over-billings, under-billings, and estimated costs to complete are all calculated and ready when your surety or bank asks for them.
Subcontractor 1099s Without the January Scramble
The problem: Every January, contractors scramble to figure out which subs were paid what. Missing W-9s, incomplete records, and last-minute filings mean penalties and frustrated subcontractors.
How we fix it: We track every subcontractor payment throughout the year and collect W-9s as part of onboarding. When tax season arrives, 1099 preparation is just a button click. No fire drills, no penalties, no chaos.
Free: The Construction Accounting Checklist
10 job costing mistakes that kill margins. Download the checklist our construction clients use to keep every project on track financially.
Frequently Asked Questions
Ask AI about Accountally’s construction accounting services
Ready for Books That Actually Help You Grow?
15 minutes. We’ll walk through your current setup and show you exactly how we’d handle your job costing, WIP reporting, and subcontractor management.