We provide high levels of business bookkeeping so your financials are perfect & always up to date. We’ll create a comprehensive tax reduction strategy that https://www.inkl.com/news/the-significance-of-construction-bookkeeping-for-streamlining-projects helps you dramatically lower taxes in the short term and long term. If your accounting & bookkeeping is way behind, you should connect with us today because those ugly books are costing you. We will identify ways to reduce taxes each month, and implement those strategies for you. Our platform allows you to automate data inputs from most major providers to avoid common mistakes.

See where you’re spending. Make smart decisions

Remarkably, we navigate the complexities of Phoenix’s privilege (sales) tax, differentiating between the tax rates for retail,receptional activities, advertising, and other spheres. We handle tax duties holistically, from filing annual returns to deducing tax nuggets applicable to your businesses. With Bench, business owners in Phoenix can be assured that their keep-keeping and tax needs are lodged securely in expert hands. At Foster Financial, we take the time to understand your business’s unique challenges. We provide financial reporting and compliance management services, consulting, and litigation support to construction companies of all sizes, from recently launched organizations to those serving the area for years. Our team of experienced professionals has the technical acumen and practical experience to address routine compliance issues to the most complex business challenges.

• Complex supply chain issues have resulted in soaring prices, significant shipping delays, and material shortages.
• Discover how we can help you have better finances with a personalized demo from a Bench expert, ready to answer all your questions.
• As a small team of dedicated professionals, our commitment to excellence and attention to detail ensure that your financial records are accurate, up-to-date, and in compliance with industry standards.
• Furthermore, our expertise in construction bookkeeping sets us apart as specialists in the field.
• Trust us to handle your financial records with precision and care, allowing you to focus on growing your construction business with confidence.
• We specialize in helping small to mid-sized commercial contractors, residential contractors, and construction subcontracting companies of all sorts.
• You are not limited to one method and many companies use one method for long-term contracts and another for everything else.

Book a demo with our friendly team of experts

Our bookkeepers reconcile your accounts, categorize your transactions, and make necessary adjustments to your books. The end result is a set of accurate financial statements—an income statement and a balance sheet. Choosing the right accounting method for your construction business is important. Your choice depends on type of contracts, contracts’ completion status at the end of your tax year, and average annual gross receipts. You are not limited to one method and many companies use one method for long-term contracts and another for everything else.

Part Time Accounting for Full Time Businesses

If you have questions or would like additional information about our services, complete the form below and a team member will follow up shortly. Navigating your Phoenix or Arizona construction company through financing, bonding, and contract profitability is not an easy task. Complex supply chain issues have resulted in soaring prices, significant shipping delays, and material shortages.

Simple, straightforward pricing for everything your business needs.

• When you choose Oversight Bookkeepers for your construction bookkeeping needs, you can trust that your financial data is in capable hands.
• As Bench, we catalyze small business owners to drive their focus on upliftment and expansion, while our proficient team handles their bookkeeping labyrinth.
• Websites for accountants designed by Build Your Firm, providers of accounting marketing services.
• We know how to build the perfect chart of accounts, and how to help your contracting business scale, while reducing taxes and the effort required to operate.
• We will identify ways to reduce taxes each month, and implement those strategies for you.
• Bench is proud to offer bookkeeping services to businesses across the United States.

Bench Accounting provides unmatched online bookkeeping services in Phoenix, Arizona, conducive to the various types of businesses this city snugly nestles. Phoenix, being a hub for startups, retail businesses, and the tech industry, necessitates adept management of accounts and financial entries. As Bench, we catalyze small business owners to drive their focus on upliftment and expansion, while our proficient team handles their bookkeeping labyrinth. At Bench, we harbor a construction bookkeeping team of professional bookkeepers thoroughly familiar with the city and state’s peculiarities in terms of laws and taxes.

How Bench works with your Phoenix business

• If you’re looking for a bookkeeping service for construction companies and contractors, then you’re in the right place.
• Our team of experienced professionals has the technical acumen and practical experience to address routine compliance issues to the most complex business challenges.
• Our intuitive software automates the busywork with powerful tools and features designed to help you simplify your financial management and make informed business decisions.
• The unstable labor market is impacted by a lack of skilled and unskilled talent necessary to start or complete new and existing projects.
• We’ll work with you to connect accounts and pull the financial data we need to reconcile your books.
• Each month, your bookkeeper organizes your business transactions and prepares financial statements.

That kind of volatility makes it especially important to make sound business decisions and keep a close eye on the financial health of your business. Partnering with a qualified Phoenix CPA firm with expertise in construction accounting is the first step in that direction. There are some times that we’ll request documents from you (like account statements or receipts), just to ensure the information we have is correct. If you need to share files with your bookkeeping team, it’s as simple as uploading a file. Bench simplifies your small business accounting by combining intuitive software that automates the busywork with real, professional human support. Check out this list of the top bookkeepers for construction companies.

Your Business is Ours

Construction company owners and managers face challenges with regulation changes, hiring dependable subcontractors, and sourcing materials necessary for each job while effectively managing cash flow. Thriving in an industry with many highs and lows requires sound advice and strategies from a trusted partner who truly understands what you do. We help contractors of all types improve cash flow, reduce taxes, improve their lend-ability & make their life much easier.

Construction CPA Firm

We partner with merchants like Gusto, Stripe, Shopify, and Square—so your finances are always accurate. Get free guides, articles, tools and calculators to help you navigate the financial side of your business with ease. Send us your financial and/or tax documents safely and securely with our file sharing tool. Devin Whyte provides CPA Compilation and Review Services for businesses. We know exactly what it takes to create a more scalable and profitable construction business, while ensuring that the IRS and State tax authorities are kept at Bay because everything’s done perfectly. We’ll finish the accounting in a fraction of the time it takes your team, and we’ll save you from hiring more employees than necessary.