Construction Specialists
Your Trusted Construction Accounting Partner
At PAC our skills specifically tailor to the construction industry. Our accounting targets managing the financial aspects unique to construction projects, such as job costing, progress billing, and compliance with industry-specific regulations. Our accounting services meet the needs of construction businesses, contractors, subcontractors, developers, and construction-related firms.
Job Costing and Project Accounting
PAC Track’s costs associated with specific construction projects, including materials, labor, equipment, and overhead expenses. They ensure accurate allocation of costs to individual projects to determine profitability and manage budgets effectively.
Progress Billing
Managing billing processes that align with the progress of construction projects. This involves creating invoices based on completed project milestones or specific percentages of completion.
Financial Reporting and Analysis
Here at PAC we take pride in generating financial reports that provide insights into project profitability, cash flow, and overall financial health. This includes balance sheets, income statements, and cash flow statements tailored to the construction industry.
Compliance and Taxation
Cost Estimation and Budgeting
Assisting in cost estimation for bids and proposals, as well as creating and managing project budgets to control expenses and maximize profitability.
Contract Management
Reviewing contracts and agreements to ensure financial terms align with the business’s interests, including payment schedules, retainage, and change orders.
Software and Technology Implementation
Utilizing specialized accounting software tailored to construction accounting needs, often incorporating features for job costing, project management, and reporting.
Risk Management
Consulting and Advisory Services
Offering advice and strategic guidance to construction firms on financial matters, profitability enhancement, process improvements, and growth strategies.
Payroll Job Costing
At PAC we are one of the only accounting firms that offer comprehensive payroll job costing. Our team of payroll specialist service an array of different genre’s of construction companies that have detailed job costing. Our accuracy to job allocation, union benefits and project mangment is like no other, inquire further to find out more.
Accounting Software
- Pro Core
- Sage 300 Consturction
- Viewpoint Vist
- BuilderTrend
- Quickbooks Online
- Cmic
- JobPower
- Penta
PAC Construction Specialists play a vital role in supporting construction businesses by managing their financial aspects effectively, ensuring compliance with industry regulations, and providing valuable insights for informed decision-making within the construction industry’s unique financial landscape.
Taking the First Step
Are you ready to take control of your tax situation and experience the benefits of strategic tax planning? Precision Accounting and Consulting (PAC) is here to empower you with the expertise, strategies, and insights you need to achieve financial success.
Contact us today to learn more about our intensive tax planning package and discover how we can work together to optimize your taxes and pave the way to greater profitability.
Don’t wait to secure your financial future. Contact us now, and let’s embark on this journey to reduce your tax liability and increase your profits through strategic tax planning!
We don’t get paid unless we save you money.