Construction and trades · New York Metro & Remote
Know where each job stands.
Outsourced accounting for construction and trades.
Know what each job costs, what customers owe and the cash you need to finish the work.
Get ongoing accounting support or add reporting and advice alongside your existing bookkeeper.
The work you can hand over
Construction accounting with Beamarc.
Agree the accounts, responsibilities and reports you need. Explore the work below.
01 Job costs
Connect labor, materials, subcontractors and overhead to each job. Compare actual costs with estimates and identify where margins changed.
02 Billing and collections
Track invoices, customer payments and amounts held back until work is complete. Keep unpaid balances visible.
03 Books and monthly close
Reconcile bank and credit card accounts, assess job cost records and prepare monthly financial statements.
04 Cash planning
Compare expected collections with payroll, supplier bills and subcontractor payments. Discuss the cash needed for work in progress.
What you receive
Job costs, invoices and cash needs.
Reconciled accounts and monthly financial statements. Your agreed scope can also include job cost reports, an unpaid invoice schedule and a cash forecast.
Your construction engagement can also include monthly work-in-progress (WIP) schedules and reconciliation of over- and under-billings, when agreed in scope.
Bookkeeping, accounting and accounting advisory can be scoped separately. Deliverables, timing and fees are agreed in writing.
Keep your bookkeeper involved, or hand over the accounting work your business needs.
Explore services and getting startedIllustrative job cost report
A finished job. $5,000 over estimate.
Compare the original estimate with recorded costs for the same completed scope. Here, higher material and labor costs more than offset lower subcontractor costs.
| Direct cost | Estimate | Actual | Over / (under) |
|---|---|---|---|
| Materials | $25,000 | $27,000 | $2,000 |
| Labor | $20,000 | $24,000 | $4,000 |
| Subcontractors | $15,000 | $14,000 | ($1,000) |
| Total | $60,000 | $65,000 | $5,000 |
Next questions: Did material prices or quantities change? Did labor hours or rates exceed the estimate? Review the records before changing the next bid.
Direct job costs only; excludes allocated overhead, income taxes and financing costs. A cost variance does not by itself establish its cause.
See how to investigate the $5,000 overrun ↗︎
Related example: funding work before collection ↗︎Your questions
Before you get started.
Can you help when job costs are hard to trace?
Start with the records available. Missing information is identified and the cleanup and job tracking work are agreed with you.
Can you work with my bookkeeper?
Yes. Agree who records transactions, maintains job details, closes the books and explains the reports.