Contracting and skilled-trade businesses often manage customer deposits, job payments, materials and supply purchases, subcontractor activity, payroll, vehicle and fuel expenses, equipment purchases, financing, credit cards, and project-related costs.

Keeping these transactions organized throughout the year can provide a clearer view of how revenue and expenses are moving through the business.

Depending on the engagement, Allied Alacrity may assist with monthly transaction review and categorization, bank and credit-card reconciliations, customer payment and deposit tracking, material and supply expenses, subcontractor-related bookkeeping, payroll-related accounting entries, equipment and vehicle activity, loans and fixed assets, job or project expense tracking, and month-end financial reporting.

Depending on your service scope, monthly bookkeeping may include reviewed and categorized transactions, reconciled bank and credit-card accounts, reviewed revenue and expense activity, month-end bookkeeping, Profit & Loss Statements, Balance Sheets, and organized records prepared for ongoing business use and tax-time readiness.

Your monthly review may also include job income, materials, subcontractor activity, equipment costs, and other project-related financial activity included within the engagement.

Consistent bookkeeping can help turn day-to-day contracting activity into useful financial information. By keeping job revenue, materials, payroll, subcontractor costs, and operating expenses organized throughout the year, business owners can better understand financial performance, identify trends, and make decisions using more current information.

Monthly bookkeeping fees are based on the actual accounting activity and service requirements of your business. Factors may include transaction volume, number of bank and credit-card accounts, payroll activity, subcontractor volume, job or project tracking requirements, loans and equipment, number of locations, reporting needs, and the condition of the existing books.

Your service scope and monthly fee will be determined before recurring bookkeeping services begin.

Historical cleanup or catch-up bookkeeping, detailed job costing, A/P bill-pay management, A/R administration, payroll processing, tax preparation, sales-tax filings, advanced management reporting, cash-flow forecasting, and other services outside the recurring monthly scope may require a separate engagement.

Any additional services will be discussed and separately scoped before billable work is performed.