Bookkeeping for Contractors & Trades in Jacksonville

A contractor's P&L can show a healthy profit while half the jobs lose money, because the winners cover the losers. Job costing fixes that. Every invoice, material purchase, sub payment, and labor hour gets tagged to a job, and at month end you see gross profit per project. Over a year, that tells you which job types, customers, and crews are actually profitable. Most contractors we onboard are surprised by what they find.

Customer deposits are recorded as liabilities until the work is done, not as income the day they're received, so your statements don't overstate profit early in a job. Progress invoices are tied to the job and matched to payments. Retainage receivable is tracked separately so you know what's owed to you after a job closes. All of this matters for cash-basis contractors at tax time and for anyone who's ever had a lender question their numbers.

A work-in-progress schedule showing contract value, costs to date, billings to date, and estimated cost to complete for each open job, plus reconciled financial statements and a debt schedule. We build the WIP schedule from the same job-costing data we maintain every month, so when your agent asks, the report is a day away, not a month.