Job costing is the foundation of construction accounting. Without it, you're guessing at profitability. With it, you know exactly how much money each project is making — or losing — in real time.
We set up and maintain job costing systems that track labor, materials, subcontractor costs, equipment, and overhead against your original estimate. Every week, we review variances and flag jobs that are trending over budget before they eat your margin.
Your Work-in-Progress (WIP) schedule is the single most important document for your bonding company. It tells them — and you — the true financial position of every open contract. An inaccurate WIP can cost you bonding capacity, trigger surety concerns, or mask problems until it's too late.
We prepare and maintain WIP schedules monthly using the percentage-of-completion method. Each job is evaluated for estimated costs to complete, billings in excess or costs in excess, and projected final profit. The result is a clear, defensible picture of your financial position that your surety trusts.
Generic financial statements don't work for contractors. You need reports that show job-level profitability, overhead allocation by project, and cash position relative to your billing cycle. We produce construction-specific financial reports that actually help you make decisions.