Resources
Not Sure Where Your Books Stand?
Many contractors don’t realize how far off their books are until it becomes a problem. A quick review can help you understand what needs attention and what can wait.
Blogs
How Contractors Should Handle Retainage in Their Bookkeeping
If you’ve ever finished a job, sent your invoice, and realized a chunk of your payment is still being held back, you’ve run into retainage. It’s a common part of construction contracts, but it can also make bookkeeping confusing if you don’t track it properly. For many contractors, retainage creates
How to Use NAHB Cost Codes in QuickBooks to Track Profitability
Learn how to set up NAHB cost codes in QuickBooks to track job costs, measure profitability, and make smarter decisions on every project.
Construction Bookkeeping Year-End Checklist for Contractors and Trade Businesses
As the year winds down, most contractors are still juggling job sites, client deadlines and keeping crews on track. But before you hang up your hard hat for the holidays, it’s worth taking a few hours to wrap up your books. Year-end bookkeeping is a chance to make sure your
Job Costing 101: How to Track Costs Accurately in Construction Bookkeeping
If you’re a contractor, painter, or HVAC business owner, you’ve probably had moments where you looked at the bank account and thought: “Wait, we were busy all month. Where did the money go?” That’s where construction job costing comes in. Construction bookkeeping isn’t just about recording numbers for tax season.
Cash vs. Accrual Accounting for Construction: Which Method Works Best?
Running a contracting business isn’t just about doing great work on the job site. It’s also about knowing your numbers. Whether you’re a painter, HVAC technician or general contractor, you need to understand where your money’s coming from, where it’s going, and how much you’re actually keeping. That starts with
The P&L For Construction Companies
If you run a construction company, you likely already know what a Profit and Loss Statement, or P&L, is. The challenge isn’t understanding the concept but knowing how to read it in a way that actually drives smarter business decisions. Your profit and loss statement for construction companies holds a