The financial needs of your construction company are as unique as the projects you work on. You need a bookkeeper that understands your business and can help you accurately track, record and classify income, materials, sub-contractors, vendors, depreciating machinery and all of the other expenditures associated with your growing company.
The Bookkeeper partners with construction companies to make sure that the smallest details are recorded accurately and presented properly to your accountant.
Bookkeeping for construction companies requires attention to the finest of details. All construction companies must navigate and accurately record:
There are tons of minute details not included on this brief list that also require an incredible eye for detail. Additionally, construction companies face industry and tax regulations that are increasingly specific. Certain tax laws, such as IR35, apply to contractors and self-employed professionals. You’ll need a bookkeeping service that understands your industry and the unique challenges you face. That’s why The Bookkeeper is here to partner with you.