Why Construction Is Different

In most businesses, you sell something and collect payment. In construction, you bid a job, start incurring costs months before you finish, bill on a percentage-of-completion or milestone basis, and then wait for retainage to be released. Your books might show revenue you haven’t collected and costs you’ve paid on jobs that aren’t billed yet. Without proper job costing, you genuinely don’t know which projects are making money and which ones are bleeding.

Miami’s post-hurricane rebuild cycles add another layer. Storm damage work often comes with insurance claim coordination, FEMA-funded projects with their own reporting requirements, and tight timelines that strain cash flow. We’ve helped contractors manage all of it.

Construction Accounting Services

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  Job Costing & WIP Reporting — Tracking costs, revenue, and profit by project so you know where you stand on every job.
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  Progress Billing & AIA Documentation — Managing pay applications, retainage schedules, and change orders.
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  Bonding & Financial Statement Prep — CPA-prepared statements that meet surety company requirements for bid and performance bonds.
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  Subcontractor Compliance — 1099 reporting, lien waiver tracking, and certificate of insurance management.
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  Federal Tax Planning — Choosing the right accounting method, maximizing Section 179 on equipment, and managing estimated payments.
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  Payroll & Certified Payroll — Processing payroll for field crews, including prevailing wage projects and Davis-Bacon compliance.