Construction accounting
Construction accounting that shows profit on every job.
Job costing by cost code, change orders, subcontract control and pay apps, run by a team of Chartered Accountants and delivered on a live dashboard.
Job costing by cost code, change orders, subcontract control and pay apps, run by a team of Chartered Accountants and delivered on a live dashboard.
Most contractors learn a job lost money after it is over. General accounting tracks accounts. Construction runs on jobs, cost codes, change orders and retainage. That gap is where margin quietly disappears.
Monthly bookkeeping and job-cost accounting, run on the same live data as your dashboard. Your CPA gets clean books. You get answers.
Our specialized dashboards for construction companies run on top of your accounting system (QuickBooks, Foundation or CMiC) and include every module you need.
See budget, committed and actual cost with profit projected for every project.
Issue, price and track change orders, with the impact on contract value and margin.
Contract value, approved changes, billed and paid to date, so payments never exceed what is owed.
AIA G702/G703 pay applications with retainage and stored materials.
Lien waivers and certificates of insurance monitored for every sub.
Work-in-progress, over/under billing and profit reporting your CPA and bank can rely on.
Real result: Achillbeg Construction in the San Francisco Bay Area moved from spreadsheets to one job-cost dashboard with cost-code alerts, AIA-style pay apps and compliance tracking across every project.
General accounting tracks accounts. Construction accounting tracks jobs: costs are coded to a project and cost code, and the books handle change orders, retainage, progress billing, work in progress (WIP) and subcontractor compliance. That is where contractors’ margin is won or lost.
Yes. We map bills, payroll and bank feeds from your accounting system to the right project and cost code, and our dashboard sits on top of QuickBooks, Foundation or CMiC so you can see profit by job and cost code.
Subcontracts, change orders and purchase orders live in one place. Sub and vendor invoices are checked against contracts and POs before they are approved for payment, so you do not pay beyond the contract value plus approved changes.
Yes. We generate pay applications with change orders and retainage, and track lien waivers and certificates of insurance (COIs) so compliance does not hold up payment.
Bank reconciliations, month-end close, WIP schedule and profit by job in plain English, delivered to you and your CPA.
Yes. Year-end 1099s and business and owner tax filing are prepared from books that were right all year. Our accounting team is led by Chartered Accountants Pranav Goyal and Damanveer Singh Ahluwalia.
About two weeks from kickoff to a live dashboard and a team that knows your jobs.
Tell us about a bid, a job or a process that is eating your team’s week. A co-founder will reply personally.
Book a consultation →Or email info@stratacorellc.com · +1 (510) 944-4483