Construction accounting
Construction Accounting Professionals Built for Contractors
Construction accounting isn’t ordinary bookkeeping.
Job costing, payroll, certified payroll, billing, retainage, receivables, payables, project expenses and financial reporting create an accounting environment that requires construction-specific experience.
Veltronx places experienced construction accounting professionals directly into contractor businesses to manage these workflows end to end. Your Veltronx accountant works inside your accounting platform, project-management systems, processes and reporting structure as an embedded member of your back office.
Scope
Complete construction accounting.
- Full construction accounting
- Accounts payable
- Accounts receivable
- Billing
- Invoice creation
- Invoice processing
- Collections
- Aging management
- Payroll processing
- Certified payroll reporting
- Prevailing-wage payroll workflows
- Job-cost accounting
- Cost-code management
- Bank reconciliations
- Credit-card reconciliations
- Vendor reconciliations
- P&L preparation
- Financial reporting
- Monthly reporting
- Project financial reporting
- WIP reporting
- Retainage tracking
- Customer account management
- Vendor account management
- Payroll administration
- Documentation management
- Accounting-system maintenance
Accounts Payable
Your Veltronx construction accountant can manage incoming vendor and subcontractor invoices, coding, documentation, approvals, payment workflows and outstanding balances through a structured construction-specific AP process.
Accounts Receivable
Your Veltronx construction accountant can manage the receivables process from invoice preparation through aging management and collection follow-up, helping ensure completed work turns into collected revenue.
Billing & Invoice Processing
Manage recurring project billing workflows, invoice preparation, supporting documentation, customer requirements and billing administration as part of an organized construction accounting operation.
P&L and Financial Reporting
Maintain organized financial records and produce recurring P&L, job-cost and management reporting that gives contractors visibility into company and project performance.
Not a generic bookkeeper
You shouldn’t have to teach your accountant how construction works.
Construction companies operate differently from ordinary businesses. Project-based revenue, job costs, retainage, labor, billing schedules, vendor invoices and payroll all interact. Veltronx places construction-focused professionals who understand these workflows instead of asking a contractor to turn a generic bookkeeper into a construction accountant.
Go deeper
Certified payroll and AP/AR.
Certified Payroll Reporting
Classifications, hours, wages and recurring certified payroll submissions for prevailing-wage projects.
Learn moreConstruction AP & AR
Vendor invoices, subcontractor billing, customer receivables and collections.
Learn moreSee how contractors use Veltronx accounting teams in our construction back-office case studies.
Comparing your options? Read where to hire a remote construction accountant.
Questions buyers ask
Straight answers before the call.
Is this ordinary bookkeeping?
Is Veltronx a CPA or accounting firm?
What accounting software does the accountant use?
Who approves payments and financial decisions?
Add construction accounting capacity to your back office.
A 30-minute discovery call: how your estimating, accounting, payroll and administrative work flows today, which systems are involved, and how a Veltronx team fits.