Construction accounting

Outsourced Construction Accounting Services

Precision in Every Build with Outsourced Construction Accounting Solutions

Building Trust Through Compliance and Partnerships

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Nailing Your Financial Goals with Specialized Outsourced Construction Accounting

Construction success depends on precision, in your builds and in your books. But unpredictable labor, fluctuating material prices, and delayed payments can quickly throw both off balance. Between managing subcontractors, tracking equipment usage, juggling retention billing, and keeping up with job cost reports, profitability can slip through the cracks before you even notice.

That’s where ProcStat steps in. Our outsourced accounting services are built for the construction industry and designed to bring structure to financial complexity. From job costing and work in progress tracking to vendor payments, project-based expense tracking, and cash flow forecasting, we handle the details that keep your numbers solid.

With real-time financial insights, you’ll know exactly where every dollar is going and where it’s coming from. Gain control over costs, improve bidding accuracy, and ensure every project contributes to your bottom line. At ProcStat, we don’t just manage your books, we help you build a stronger and more profitable foundation for your business.

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construction accounting

We’re the Solution Provider, We Believe in Infinite Possibilities

Seasoned Professionals

325+

Seasoned Professionals

14+

Diverse Industry Coverage

Infinite Possibilities

3

Locations

Locations

8

Years of Growing Success

Expert Accounting Solutions for Every Construction Phase

Our specialized services empower construction businesses to manage finances seamlessly while focusing on project success.

Job Costing and Profitability Analysis
Job Costing and Profitability Analysis
Job Costing and Profitability Analysis

Track and analyze every project expense, compare actual vs. estimated costs, and identify profit leaks. We help you price smarter, manage change orders, and ensure every job strengthens your bottom line.

Revenue Recognition
Revenue Recognition
Revenue Recognition

Track and report revenue accurately using percentage-of-completion or completed-contract methods, ensuring your income reflects actual project progress and stays compliant with accounting standards.

Progress Billing and Retainage Management
Progress Billing and Retainage Management
Progress Billing and Retainage Management

Manage progress billing schedules, retention percentages, and payment milestones to maintain steady cash flow. We ensure accuracy in invoicing and compliance with contract terms throughout the project lifecycle.

Change Order Accounting
Change Order Accounting
Change Order Accounting

Record and analyze contract modifications, updating budgets, forecasts, and profitability reports to reflect added costs or extended timelines keeping your project financials transparent.

Benefits of Outsourcing Construction Accounting

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Improve job costing accuracy to maximize project profitability.

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Streamline contract billing processes to enhance cash flow.

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Simplify payroll for seasonal and project-based workers.

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Ensure compliance with regulations and tax obligations.

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Get financial visibility with reporting and analysis.

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Strengthen internal controls to mitigate financial risks.

FAQs

Outsourcing accounting provides cost savings by reducing overhead on hiring and training in-house staff. It also allows access to specialized expertise in construction accounting, streamlining processes like job costing, payroll, and financial reporting. Additionally, outsourcing enables scalability, meaning you can adjust resources based on your company’s workload without the burden of full-time staff.