Construction & Contractor Bookkeeping Services | Utah
Stop losing money on jobs. Get job costing, progress billing, and WIP reports that show you exactly which projects are profitable — before it's too late.
Specialized bookkeeping for construction companies and contractors — job costing, progress billing, WIP reports, subcontractor payments, change orders, and equipment tracking.
Construction-Specific Bookkeeping Services
Everything you need to track job profitability and grow your construction business: job costing that tracks costs by project so you know exactly which jobs are profitable; progress billing with AIA billing, retainage tracking, and progress payments; Work-in-Progress reports that track project profitability in real time; contractor accounting with subcontractor payments, 1099 management, and vendor tracking; change order tracking so you're paid for all work completed; and equipment tracking for costs, depreciation, and utilization across jobs.
- Job Costing — track costs by project to know which jobs are profitable
- Progress Billing — AIA billing, retainage tracking, progress payments
- WIP Reports — track project profitability in real time
- Contractor Accounting — subcontractor payments, 1099s, vendors
- Change Orders — ensure you're paid for all work completed
- Equipment Tracking — costs, depreciation, and utilization
Sound Familiar? Common Construction Bookkeeping Problems We Solve
Can't track job profitability? We set up detailed job costing so you know exactly which projects make money. Losing money on change orders? We track every change order so you bill for all additional work. Retainage management nightmare? Automated retainage tracking across all projects and invoices. Subcontractor payment chaos? Organized vendor management with proper 1099 tracking. Can't bid new jobs accurately? Historical cost data helps you bid more accurately and competitively. Cash flow problems? Better tracking of AR, AP, and progress billing keeps cash flowing.
- Know exactly which projects make money — and which don't
- Track every change order to bill for all additional work
- Automated retainage tracking across projects and invoices
- Organized vendor management with proper 1099 tracking
- Historical cost data for accurate, competitive bidding
- Better AR, AP, and progress billing keeps cash flowing
Case Study: IronHead Concrete
IronHead Concrete, a growing residential concrete contractor in Salt Lake City, was landing more jobs but seeing less profit. They couldn't tell which types of jobs made money, material costs were getting lost in the mix, and they were consistently under-bidding on stamped concrete work. We implemented detailed job costing with separate tracking for materials, labor, and equipment per project, set up cost codes for different concrete types, and created real-time WIP reports showing job profitability while projects were still active. The result: a 23% increase in overall profitability by identifying and focusing on their most profitable work, better bidding accuracy on future projects, and complete financial clarity.
- The Problem — could not tell which types of jobs made money
- The Solution — job costing, cost codes, and real-time WIP reports
- The Results — 23% increase in overall profitability
Frequently Asked Questions
What is construction bookkeeping?
Construction bookkeeping is specialized accounting for contractors: job costing, progress billing, WIP reporting, retainage tracking, subcontractor payments, and change order management — the things generic bookkeeping misses.
Why is job costing important for contractors?
Job costing tracks every dollar of labor, material, equipment, and subcontractor cost per project. Without it you can't tell which jobs are profitable, which bids are accurate, or where money is leaking.
Can you handle progress billing and retainage?
Yes. We manage AIA billing, percentage-of-completion billing, retainage tracking across all projects, and the WIP reports that reconcile billed vs. earned revenue.
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Learn more →Join hundreds of Utah businesses who found financial peace of mind with PW Bookkeeping. Book your free consultation today.