Industry Tips
Bookkeeping Tips for Contractors
Autumn Rodriguez·
May 26, 2026
Track Every Job Separately
Job costing is essential. Track labor, materials, and overhead for every project so you know your true profit margin.
Collect W-9s Before Paying Subcontractors
Get a W-9 from every subcontractor before you pay them. You need it for 1099 reporting at year-end.
Use Progress Billing
Bill as work is completed, not just at the end. Progress billing keeps cash flowing and protects you if a client is slow to pay.
Need Help?
Our contractor bookkeeping services handle all of this for you. Schedule a free consultation.
Looking for help with this?Bookkeeping for Contractors
Keep Your Books Organized All Year
Download RFG Bookkeeping’s free Small Business Bookkeeping Checklist.
Ready to Take Control of Your Business Finances?
Accurate bookkeeping gives you better financial insights, less stress during tax season, and more time to focus on growing your business.
Book a Free 30-Minute Consultation