GAAP-Compliant · QuickBooks-Certified · Dedicated Team

Construction Bookkeeping for Job Costs, Billing, Retainage, and WIP

Daxable provides bookkeeping for general contractors, builders, remodelers, and specialty contractors. The work can organize labor, materials, equipment, subcontractors, and other direct costs by job and phase; reconcile progress billing, deposits, retainage, approved change orders, and collections; maintain subcontractor documentation for year-end preparation; and support WIP and estimate-versus-actual reporting from current project inputs. A WIP report is not created from the general ledger alone: contract value, approved changes, costs to date, billing, and an accountable estimate-to-complete process all matter. Daxable does not promise a target margin, savings percentage, audit result, or penalty avoidance. Tax methods, revenue-recognition policy, legal terms, and attest work remain with the client’s qualified professionals.

No universal margin or savings claims Tax and revenue-recognition decisions remain with qualified professionals Software workflows are mapped before integration claims are made Cleanup and reporting scope are documented during discovery

The bookkeeping problems costing construction & contractors the most.

Job and phase coding breaks between the field and ledger

Bills, receipts, time, equipment, and subcontractor costs reach accounting without a consistent job or phase reference.

Daxable defines a coding and exception workflow and reports which costs still require project-team input.

Billing, retainage, and production move on different timelines

Invoices and bank collections do not explain work completed, retainage held, approved changes, or the remaining obligation.

Daxable maintains reconciled schedules from the contract, approved changes, billing, collections, and project records supplied by management.

WIP lacks current operating assumptions

A spreadsheet can look precise while contract values, costs to date, and estimates to complete are stale or unowned.

Daxable documents the source and owner for each input and presents data limitations with the management-use report.

Clean books, every month.

Job and phase detail that reconciles to the general ledger
Visible progress billing, retainage, approved changes, and collections
WIP and estimate-versus-actual reporting with named source inputs
Subcontractor records organized for the client’s year-end professional

Historical cleanup is assessed and scoped during discovery when they start a plan.

Questions construction & contractors ask.

How much does construction bookkeeping cost?

Daxable bookkeeping starts at $299 per month. Job count, accounts, transaction volume, payroll and billing workflows, software, current-book condition, and reporting needs determine the final scope.

Can Daxable prepare WIP reporting?

Daxable can maintain management-use WIP schedules when management supplies current contract values, approved changes, costs, billings, and estimates to complete. The client’s CPA determines the applicable accounting and tax treatment.

Can Daxable track retainage and change orders?

Yes, when contracts, approved changes, billing records, and payment detail are available. Daxable reconciles the schedules to the books and flags unsupported differences.

Does Daxable prepare or file 1099s?

Daxable can organize vendor records and year-end readiness within the written scope. Filing and tax advice are handled by the client’s designated provider or tax professional unless expressly contracted through a qualified provider.

More on bookkeeping for construction & contractors.

If billing, lender, bonding, or year-end reporting has a deadline, discovery identifies the project records, cutoff, and management inputs needed before Daxable commits to the deliverable.

See what clean books look like for your business.