Accounting Biz provides contractor accounting services for construction businesses, including job costing, bookkeeping, payroll, 1099 filing and tax planning. We help general contractors, subcontractors and home builders in Asheville, NC, Tampa Bay and nationwide see exactly which jobs make money. Every client gets a dedicated accountant.
Your days are spent on job sites, not in spreadsheets. You’re pricing bids, managing crews and chasing payments. By the time you open the books, receipts are missing and you’re not sure if the last job made a profit.
That’s normal in construction. It’s also exactly what we fix.
Bookkeeping in the construction industry tracks income and costs for each job, not just the business as a whole. It covers job costing, progress billing, retainage, change orders, subcontractor payments and equipment. It shows contractors which projects are profitable, how cash is moving and what to charge on the next bid.
Construction cash flow is different. Here is where contractors usually lose money, and what we do about it.
We set up job costing so every material, labor hour and sub is tied to a project.
You pay crews before clients pay you. We track receivables and forecast cash.
We track the amounts clients hold back until the job is done.
We help make sure extra work becomes extra income.
Our work-in-progress (WIP) reports show if billing is ahead of or behind the actual work.
We collect W-9s and file 1099s on time.
Catch-up bookkeeping gets you current fast.
Everything a construction business needs from one accounting team.
Monthly books organized by job.
Job costing, WIP and profit-by-job reports.
Crew pay, overtime and payroll taxes.
For every sub you pay.
Including equipment and vehicle deductions.
Help with materials and taxable services.
Bid pricing, margins and growth.
A few rules cause most contractor tax headaches. Here is what to keep in mind.
For 2025 payments, you generally file Form 1099-NEC for unincorporated subs paid $600 or more. From 2026 onward, the limit for payments is $2,000.
Business trucks, tools and heavy machinery can often be written off quickly through Section 179 or bonus depreciation.
In North Carolina and Florida, contractors installing materials into real property generally pay sales tax when buying those materials.
Treating an employee as a subcontractor by mistake can leave you owing unpaid payroll taxes plus penalties.
Profitable contractors often owe quarterly estimated payments.
We work with general contractors, subcontractors, home builders, remodelers, tile and flooring businesses, roofers, electricians, plumbers, HVAC companies and other home service businesses.
Our accounting for small construction businesses fits a two-person crew or a growing company. We work in QuickBooks, Xero and other construction-friendly software.
Tell us about your jobs and crew.
We organize your books by job.
You get reports showing profit by job.
Job costing tracks every cost for a single project, including materials, labor, equipment and subs, to show whether each job made money.
Retainage is the part of each payment a client holds back until the job is finished, often a set percentage. It must be tracked so you collect it.
Look for experience with job costing, payroll and 1099s, clear pricing and a dedicated contact.
It depends on your jobs, employees and transactions. You get a clear, fixed monthly quote after a free consultation.
Stop guessing which jobs make money. Tell us about your business, and we’ll reply within 1 business day.
We reply within 1 business day. Your information stays private.
