Residential Construction Bookkeeping
Bookkeeping rooted in the functional needs of residential construction
We work with
What we do
Dispell uncertainty over profitability
We help contractors track, improve, and understand their profitability using cost-code based percentage of completion accounting practices
Jobtread and Buildertrend
Management directly in Jobtread and Buildertrend
- First priority - manage your books in such a way that your can clearly understand your business using the tools you're already paying for.
- Reduce your daily task load by allowing you to focus on one program (JT/BT, not JT/BT/QB/Xero)
- Up-to-date billing within the management program
- View your costs and profits on the fly
Cost Code Reporting
Record expenses directly into Jobtread and Buildertrend using cost code level data
- Accurate, weekly input of vendor bills using cost codes
- We can help set up cost codes and reports using a cost code list specifically meant for Residential Construction
- Assistance available in bringing non-cost code jobs forward (Fees apply)
Percentage of Completion/Accrual Accounting
Ensure that your profitability is reported accurately using Percentage of Completion (POCM) and Accrual accounting methods.
- Match revenue to expenses
- Stop the cash-basis profit guessing game
- Ensure accuracy for your Profit and Loss report
- Record expenses directly into Jobtread and Buildertrend using cost code level data
AR/AP Assistance
Reduce your work load by letting us handle the AR/AP work.
- We will receive invoices and categorize based on your input for cost codes
- We can handle routine payments to vendors based on your approval
- Payroll handling available (Integration with Gusto)
Education Resources
Learn about residential construction accounting
Our Process
Initial Phone call
We start with a 30 minute meeting to discuss your situation and needs. We want to make sure that we're going to be a good fit for each other. If things look good, we can move forward to working together.
Onboarding
During the onboarding process, we will help set up cost codes in Buildertrend or Jobtread, ensure that things are importing and exporting correctly to your bookkeeping, and get your systems organized for success.
Monthly entry
During the month, we will handle routine data entry for bills, invoices, expenses, and payments. We will also help with AR and AP service.
End of Month
At the end of each month, we will handle all reconciliation work, prepare a job Work in Progress (WIP) report, and adjust the over/under billings for the month. We will then present a P&L statement from your bookkeeping software.
