Accounting & Bookkeeping for Construction Companies
Golden Apple Agency offers tailored accounting and bookkeeping services for specialty contractor companies and general contractors. We cover everything from supporting Do It Yourself bookkeeping, to completing monthly bookkeeping transactions in your QuickBooks, to job costing, to financial data analysis.
Our Construction Accounting Services
When it comes to the stages of bookkeeping in the construction industry, we understand that it’s not as simple as keeping your books on the cash or accrual method. The small business construction industry falls right in between both methods and uses a hybrid accounting system. Every project involves countless transactions, from material purchases to labor costs to job or project costing; from estimate to deposit, to progress invoicing, to final payment.
With our monthly bookkeeping service, we ensure that each income is matched to its respective invoice, every expense is categorized systematically, and all receipts are managed diligently. But more importantly, we know when the income and expenses are reported on the tax return.
Understanding your finances extends beyond simple bookkeeping. We know that business performance and insights reports are what every contractor needs to make better business decisions. For most contractors, QuickBooks is not enough, and that is why having other software for project management is vital in the construction industry. We can help ensure your QuickBooks gets the information from your other software that it needs.
At the core of our services lies our dedicated Account Manager. All of our Account Managers are Certified Tax Preparers and QuickBooks ProAdvisors. When your construction business has tax questions, bookkeeping issues or important business financial decisions to make, your dedicated Account Manager is available to guide and advise you. With our monthly accounting services, we're not just offering bookkeeping; we're building a partnership for the success of your construction business.
Our Construction Bookkeeping Services
Monthly Bookkeeping
Projects in the construction industry demand unwavering attention and precision. Outsourcing bookkeeping allows you to focus on building not only structures, but also a sustainable business future. We handle your:
Income matched to invoices
Expense categorization
Receipt management
Subcontractor 1099 filings
Company bill payments
Performance Insights
Not knowing your finances in construction is like building a home without a blueprint. Ensure your business foundation is solid by always being on top of your numbers. We provide:
Standard Monthly Financial Reports
Custom Reports - Project Costing
Cash Flow Projections
Company Growth Review
Tax Services
In the world of construction, solid scaffolding is vital for support. Consider us your financial scaffolding: consistently present, not just when tax obligations arise. Our team of professional bookkeepers take care of your:
Tax Planning Strategy
Business Tax Return Preparation
IRS Audit Representation
IRS Debt Resolution
Construction Accounting Experts
Every construction project relies on having an effective frame to withstand external forces; your finances need expert framing as well. At Golden Apple Agency, our accounting solutions have been specifically adapted for the challenges associated with construction industry accounting practices.
Reach out for a discovery call and let's discuss a custom financial strategy that's right for your business. By ensuring your financial framing is precise, your business can stand tall and remain resilient.