Accounting for Construction and Trades
General accounting treats a construction company like any other business. It is not one. The numbers that decide whether a contractor is making money live at the job level, move through the work-in-progress schedule, and turn on the timing of cash between performance and payment.
Integrated Accounting Solutions provides tax, accounting, and CFO services for mechanical, plumbing, HVAC, and residential and commercial construction businesses, typically between one and twenty-five million dollars in revenue. Our advisory team is built around those realities rather than retrofitted to them.
Construction accounting is its own discipline.
General financial statements rarely tell a contractor what they need to know. The questions that matter are job-level questions, and answering them well is the difference between a firm that understands your business and one that simply records it.
Job costing that holds up
Knowing the true margin on each job, not just the company as a whole, so bids reflect what work actually costs to deliver.
Work-in-progress schedules
WIP reporting that ties costs to billings and reveals over- and under-billing before it distorts the picture.
Bonding and bank reporting
Financial statements and schedules presented the way sureties and lenders expect, prepared on a predictable cadence.
Retainage and progress billing
Tracking what has been earned, what has been billed, and what is being held, so nothing falls between the cracks of a long job.
Cash flow through the cycle
Visibility into cash across retainage, draw schedules, and seasonal swings so payroll and material buys are never a surprise.
Multi-entity and multi-state work
Coordination across related entities and the state considerations that follow work across jurisdictions.
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Why we lead with job-level reporting
A profitable company can still run out of cash between a completed job and a collected draw. The schedule, not the income statement, is where contractors get the truth.
The income statement reports the company. The job report and the work-in-progress schedule report the business. A contractor can post a strong annual profit while individual jobs quietly lose money, and can hold a healthy backlog while cash tightens between performance and payment.
We keep the books at the level where those answers live, and we present them so owners, sureties, and lenders all see a consistent picture. The result is bidding informed by real cost, and financing conversations supported by reporting that holds up.
Construction accounting and CFO services.
Tax preparation and advisory
Entity returns, owner returns, and year-end strategy handled by one team that understands construction accounting.
Bookkeeping and controller services
Job-level recordkeeping, month-end close, and management reporting built around how contractors actually operate.
Fractional CFO leadership
Forecasting, bonding support, and decision support for owners scaling the business and planning an eventual transition.
Construction accounting questions we hear often.
Scope note: Industry experience describes the focus of our advisory practice. It does not represent a guarantee of any particular financial, tax, bonding, or lending outcome. The services included in your engagement are defined by your proposal and engagement letter.
What is a WIP schedule and why does it matter?
A work-in-progress schedule ties the costs incurred on each job to the amounts billed, which shows whether a job is over-billed or under-billed at a point in time. It is one of the clearest signals of a contractor’s real financial position, and it is what many sureties and banks ask to see.
Do you support bonding and bank reporting requirements?
Yes. We prepare financial statements and supporting schedules in the form sureties and lenders expect, on a predictable cadence, so bonding and financing conversations are supported by reporting that holds up.
Which trades do you work with?
We focus on mechanical, plumbing, HVAC, and residential and commercial construction businesses, typically between one and twenty-five million dollars in revenue.
Can you handle job costing inside our existing accounting system?
Yes. We work within your general ledger to keep records at the job level so margins are visible per job, not just company-wide.
The fewer things we have to learn on your time, the more we can tell you about yours.
Working with a firm that already understands retainage, WIP, and surety reporting means less time spent explaining the business and more spent improving it. Specialization is not a label here. It is the reason the first conversation can be about your margins instead of about how construction works.
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