Construction project manager reviewing cost documents at an active job site

SERVICES · DEBITWISE

Three Services for Construction Accounting

Each service addresses a specific accounting challenge that construction firms face. Choose what fits your situation, combine them where it makes sense, or reach out to talk through what applies to your projects.

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SERVICE 01

Job Costing & Project Accounting

$2,500 USD / month

SERVICE 02

Percentage-of-Completion Reporting

$3,200 USD / period

SERVICE 03

Contractor Compliance & Certified Payroll

$1,400 USD / month

Job cost tracking ledger and project cost allocation documents

SERVICE 01

Job Costing & Project Accounting

$2,500 USD / month

Cost tracking at the individual project level — labor, materials, subcontractor expenses, and overhead allocated to specific jobs with clear actual-versus-estimated performance reports. Change orders tracked against the original budget and progress billings organized into the picture.

Designed for general contractors, subcontractors, and construction managers handling multiple concurrent projects. If your current accounting produces company-wide P&L but doesn't show which jobs are actually making money, this is where the most immediate improvement appears.

Full Details →

WHAT'S INCLUDED

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Job-level cost code setup and maintenance
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Labor, material, sub, and overhead allocation per project
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Monthly actual-vs-estimated reports per job
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Change order tracking and budget reconciliation
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Progress billing coordination and documentation

BEST SUITED FOR

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General contractors managing multiple concurrent projects
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Specialty subcontractors tracking job-level profitability
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Construction managers with complex cost structures
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Firms needing job-level data for owner or bonding reviews

SCOPE NOTE

Ongoing monthly engagement. Includes initial setup period to configure job cost structure against your existing projects. Scope adjustments available for higher project volumes.

$2,500 / month

SERVICE 02

Percentage-of-Completion Reporting

$3,200 USD / reporting period

Financial reporting based on the percentage-of-completion method — revenue and costs recognized in proportion to actual physical project progress. We gather progress data from project managers, calculate completion percentages, and prepare financial statements with proper disclosures for each reporting period.

Particularly relevant for firms with long-duration contracts where cash-basis revenue recognition produces misleading interim results — and for bonding applications, bank covenant reporting, and lender reviews that require GAAP-compliant statements.

Full Details →

Percentage of completion financial chart and construction contract documents

WHAT'S INCLUDED

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Physical progress data collection and PM coordination
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Completion percentage calculation per contract
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Revenue and cost recognition adjustments
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GAAP-compliant financial statements with disclosures
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Suitable for interim and year-end reporting periods

BEST SUITED FOR

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Firms with long-duration contracts (6+ months typical)
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Contractors with bonding or bank covenant requirements
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Companies needing accurate interim financial pictures
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Firms preparing for CPA audit, review, or bonding capacity

SCOPE NOTE

Per reporting period. Scope depends on number of active long-duration contracts and reporting frequency. Contact us to discuss your specific contract volume and timing requirements.

$3,200 / period

Prevailing wage and certified payroll compliance documentation for public works

SERVICE 03

Contractor Compliance & Certified Payroll

$1,400 USD / month

Certified payroll reports and compliance documentation for prevailing-wage and government-funded construction projects. Wage rates verified against applicable schedules, weekly certifications prepared, and records maintained and organized for audit or investigation. Apprenticeship ratio tracking and fringe benefit compliance included.

Built for contractors performing public works. Whether the project is state, federal, or locally funded — if prevailing wage rules apply, the weekly certification requirements are non-negotiable, and incomplete records create real liability.

Full Details →

WHAT'S INCLUDED

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Wage rate verification against applicable schedules
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Weekly certified payroll report preparation
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Audit-ready record maintenance per project
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Apprenticeship ratio tracking and documentation
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Fringe benefit compliance documentation

BEST SUITED FOR

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Contractors on prevailing-wage public works projects
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Firms on federal, state, or municipal construction
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Subcontractors on government-funded projects
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Any contractor facing compliance documentation demands

SCOPE NOTE

Ongoing monthly engagement covering active prevailing-wage projects. Initial month includes wage determination review and compliance setup. Scope scales with project volume.

$1,400 / month

AT A GLANCE

All Three Services Side by Side

	Job Costing	Completion Reporting	Certified Payroll
Price	$2,500 / month	$3,200 / period	$1,400 / month
Engagement	Ongoing monthly	Per reporting period	Ongoing monthly
Primary Output	Job cost reports & project-level P&L	GAAP statements with disclosures	Weekly certified payroll & compliance records
Typically Serves	GCs, subs, CMs with multiple active jobs	Firms with long-duration contracts	Contractors on prevailing-wage work
Combinable	Yes — works with S02 & S03	Yes — works with S01 & S03	Yes — works with S01 & S02

DECISION GUIDE

Which Service Fits Your Situation

A starting point, not a quiz. If your situation is more layered, reach out and we'll work through it directly.

CONSIDER SERVICE 01 IF

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You run more than two or three active jobs and can't easily tell which ones are profitable
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Change orders aren't tracked at the project level and you're losing sight of budget impact
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Your reports show company P&L but not job-by-job profitability

CONSIDER SERVICE 02 IF

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Your bank or bonding company is asking for interim financial statements and your current records don't satisfy them
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Revenue recognition doesn't track physical progress and creates misleading mid-year financials
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You're preparing for audit, review, or a bonding capacity application requiring GAAP statements

CONSIDER SERVICE 03 IF

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You're performing or bidding on prevailing-wage or government-funded construction projects
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Weekly certified payroll is a project requirement and the current process is manual, slow, or uncertain
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Your compliance records aren't organized for an audit that could arrive without prior notice

GETTING STARTED

What Happens After You Reach Out

Initial Response

We respond within one business day — a few questions about your project volume, contract types, and current setup before scheduling anything.

Discovery Call

A direct conversation about your situation — not a presentation. We want to understand what's actually happening with your accounting before proposing anything.

Scope Proposal

A written scope covering what we'll do, how often, and at what fee. Specific to your situation — not a boilerplate engagement letter.

Onboarding

Review of existing records and job cost structure setup. Most engagements are operational within two to three weeks of a signed agreement.

NEXT STEP

Talk Through Your Projects With Us

Tell us about the work you're doing and where the accounting creates friction. We'll respond within one business day and keep the conversation direct — no lengthy intake process, no pressure to commit before you're ready.

Get in Touch →