Bookkeeping for Construction Companies
Construction companies face unique financial challenges — multi-month projects, fluctuating material costs, complex payroll, and work-in-progress accounting. RFG Bookkeeping provides construction bookkeeping services designed to handle the complexity so you always know where every project stands.
Bookkeeping for Construction Companies
We manage every aspect of your construction company finances, from project-level job costing to company-wide financial reporting. Our team understands WIP reporting, percentage-of-completion accounting, and the specific compliance requirements construction companies face. We keep your books accurate, compliant, and ready for your CPA at tax time.
Project Profitability
Real-time profit and loss tracking for every project, phase, and crew so you can spot issues before they cost you.
WIP Reporting
Work-in-progress reports that accurately reflect revenue earned and costs incurred for long-term contracts.
Equipment Expenses
Track equipment purchases, depreciation, fuel, and maintenance costs for accurate job costing.
Construction Payroll
Multi-state payroll, certified payroll reports, and prevailing wage compliance handled accurately and on time.
Job Costing
Detailed cost tracking by project, phase, and cost type — labor, materials, subcontractors, and overhead.
Financial Reporting
Monthly P&L, balance sheet, cash flow statements, and custom reports tailored to construction operations.
Benefits of Working with RFG Bookkeeping
We bring clarity to your finances so you can make confident business decisions.
Accurate Project Margins
See exactly how much each project is making or losing — no surprises at the end of the job.
Compliant Payroll
Certified payroll reports and prevailing wage compliance handled for you.
Better Bidding
Historical job cost data helps you bid more accurately and win more profitable projects.
CPA-Ready Books
Clean, organized books that make tax preparation faster and less expensive.
Industries We Serve
Frequently Asked Questions
Work-in-Progress (WIP) reporting tracks the revenue earned and costs incurred on long-term contracts. It gives you an accurate picture of profitability during the project, not just at the end. Most construction companies need WIP reporting for accurate financial statements and tax compliance.
Yes. We prepare certified payroll reports and handle prevailing wage compliance for public works projects. We ensure your reports meet Davis-Bacon and state prevailing wage requirements.
We work with QuickBooks, Xero, and construction-specific platforms. We can also integrate job costing and project management tools to streamline your workflow.
We set up equipment as cost centers in your accounting system, tracking fuel, maintenance, depreciation, and usage hours. This lets you allocate equipment costs to specific jobs for accurate profitability tracking.
Ready to Get Started?
Schedule a free 30-minute consultation with Autumn Rodriguez and see how clean books can transform your business.