COLORADO-BASED • SERVING CONTRACTORS NATIONWIDE
Construction Bookkeeping for Contractors
Accurate books. Better job costing. Tax-ready financials. Fewer surprises.
Excel Consulting helps general contractors, builders, remodelers and specialty contractors keep their books accurate, understand job costs, clean up problem accounting records and stay organized for tax season, payroll and workers’ compensation audits.
Bookkeeping Built Around the Way Contractors Actually Work
Construction bookkeeping is different from bookkeeping for most small businesses. Contractors are managing subcontractors, materials, labor, equipment, job costs, customer deposits and multiple projects — often all at the same time.
Your books need to do more than tell you how much money is in the bank. They should help you understand what your jobs are costing, what your business is earning and whether your financial records are ready when your CPA, insurance company or workers’ compensation auditor needs them.
Construction Experience Matters
Before working exclusively in bookkeeping and accounting support, I spent years working inside construction businesses. I understand construction accounting from estimating and project management through bookkeeping, payroll and financial reporting.
HOW WE CAN HELP
Construction Bookkeeping Services
Excel Consulting provides bookkeeping and financial support designed around the realities of running a construction business. Whether you need ongoing bookkeeping, help untangling old records or better systems for managing jobs and subcontractors, services can be tailored to where your business is today.
Construction Bookkeeping
Keep accounts reconciled, transactions organized and financial reports accurate so you have a clearer picture of how your construction business is performing.
Bookkeeping Cleanup
Behind on the books? Unreconciled accounts and messy QuickBooks records can be cleaned up so you have reliable financial information again.
QuickBooks Setup
Set up and use QuickBooks more effectively for construction, with better visibility into projects, expenses and job profitability.
Payroll Services
Keep your payroll accurate and consistent with regular payroll processing, direct deposit, quarterly filing of payroll taxes and annual 1099s.
Subcontractor Documentation
Establish a subcontractor onboarding SOP to keep W-9s, certificates of insurance and subcontractor agreements organized throughout the year.
Workers’ Comp Audit Prep
Organize certificates of insurance and supporting documentation and identify missing information before or during a workers’ compensation audit.
BEHIND ON YOUR BOOKS?
Get Your Construction Books Cleaned Up and Back on Track
Messy books make it difficult to know how your business is really performing — and they become an even bigger problem when tax deadlines, financing, insurance audits or year-end reporting arrive.
Excel Consulting can review and clean up unreconciled accounts, incorrect balances, duplicate or misclassified transactions and other bookkeeping issues so you and your CPA can work with reliable financial information again.
Bookkeeping cleanup may include:
✓ Bank and credit card reconciliations
✓ Review of unreconciled transactions
✓ Correcting account balances
✓ Reclassifying transactions
✓ Reviewing subcontractor records
✓ Preparing cleaner books for your CPA or tax professional
SUBCONTRACTOR RECORDS & WORKERS’ COMP
Keep Subcontractor Records Organized Before an Audit Finds the Problems
Contractors often discover missing certificates of insurance, incomplete W-9s or workers’ compensation documentation only when an insurance audit or year-end deadline is already underway.
Excel Consulting helps keep subcontractor records organized throughout the year so you can more quickly identify missing documentation, prepare 1099 information and respond when your insurance company requests records for a workers’ compensation audit.
Colorado Contractors: Workers’ compensation audits can create significant additional premium when subcontractor documentation is incomplete. Keeping records current throughout the year can make audit preparation much easier.
CONSTRUCTION EXPERIENCE + ACCOUNTING SUPPORT
You Shouldn’t Have to Teach Your Bookkeeper How Construction Works
Construction accounting involves more than categorizing income and expenses. Job costing, subcontractors, payroll, insurance documentation and project-based financial reporting all affect how useful your books are to you as a business owner.
I spent 15 years as a general contractor and have worked with commercial and residential construction businesses from estimating and project management through systems management, bookkeeping, payroll and financial reporting. That experience helps me understand not only what the numbers say, but how they connect to what is actually happening on your jobs.
RESOURCES FOR CONTRACTORS
Practical Construction Accounting Guidance
Construction accounting problems are easier to solve before tax season, an insurance audit or a cash-flow crunch brings them to the surface. Excel Consulting provides practical resources to help contractors understand their books, organize subcontractor records and prepare for common accounting and compliance issues.
Workers’ Compensation & Audit Readiness
Learn how subcontractor documentation, certificates of insurance and workers’ compensation records can affect your audit.
Workers’ Comp Resources →
Bookkeeping & QuickBooks Tips
Practical guidance for keeping construction books accurate, reconciled and useful for running your business.
Bookkeeping Resources →
1099s & Subcontractor Records
Understand what information to collect and how better recordkeeping can make year-end reporting easier.
1099 & Subcontractor Resources →
QUESTIONS CONTRACTORS ASK
Construction Bookkeeping FAQs
Looking for help with construction bookkeeping, QuickBooks cleanup, payroll or subcontractor records? Here are answers to some of the questions contractors commonly have before working with Excel Consulting.
Do you only work with contractors in Colorado?
No. Excel Consulting is Colorado-based and has particular experience with Colorado contractor bookkeeping and workers’ compensation requirements, but bookkeeping, cleanup, payroll and other accounting support can be provided remotely to contractors in other states.
Can you clean up my QuickBooks before tax season?
Yes. Bookkeeping cleanup can include reconciling bank and credit card statements, reviewing unreconciled transactions, correcting account balances, reclassifying transactions and organizing financial records so your books are more reliable for you and your tax professional.
Do you provide ongoing bookkeeping for construction companies?
Yes. Ongoing bookkeeping services can include account reconciliations, transaction review, financial reporting, job-costing support and other bookkeeping tasks tailored to the needs of your construction business.
Can you help with payroll?
Yes. Payroll services, including payroll tax payments and filings, can be coordinated with your bookkeeping so payroll expenses and related financial records stay organized within your accounting system.
Can you help manage subcontractor W-9s and certificates of insurance?
Yes. Excel Consulting can help collect and organize subcontractor documentation, including W-9s and certificates of insurance, and maintain records needed for year-end 1099 preparation and insurance audits.
Can you help prepare for a workers’ compensation audit?
Yes. Excel Consulting can help organize subcontractor records and supporting documentation and identify missing information before or during a workers’ compensation audit. For Colorado contractors, maintaining complete subcontractor documentation throughout the year can help reduce surprises when an audit occurs.
READY TO GET STARTED?
Ready to Get Your Construction Books Under Control?
Whether you need ongoing bookkeeping, Bookkeeping Cleanup, payroll support or help organizing subcontractor records, the first step is a conversation about where your books are today and what you need going forward.