Bookkeeping for contractors who need to know what each job actually made.
Construction and trades businesses can be busy all year and still not know which jobs earned money. Retainage, change orders, progress billing, and materials bought on three different cards make the books harder than almost any other industry — and lenders and bonding companies know it, so they look closely.
The four problems we see most in contractors & trades
Job costing that doesn't tie out
Labour, materials, and subs get coded to the company rather than the job, so gross margin per project is a guess.
Progress billing and retainage
Revenue recognised at the wrong time makes a profitable year look like a loss, or the reverse.
Change orders that never hit the books
Work gets done and billed informally, and the paperwork never catches up to the ledger.
Equipment financed everywhere
Loans and leases across multiple lenders with no consolidated debt schedule — the first thing a bank asks for.
What we do about it
- Set up job costing so every project shows true margin
- Get progress billing and retainage recognised correctly
- Build a consolidated debt and equipment schedule
- Reconcile the backlog and clean up miscoded materials
- Produce work-in-progress reporting lenders and bonding companies expect
What this means when you go for financing
Contractors borrow to buy equipment, bridge payroll between draws, and bond larger jobs. All three hinge on financials that show per-job profitability and reliable cash flow — which is exactly what a cleanup plus a proper loan-ready package delivers.
The services behind the work
Most engagements start with a cleanup, then move into ongoing accounting and a loan-ready package.