Bookkeeping for builders, general contractors and real estate developers who run several projects and LLCs at once. Job costing, construction draws, retainage and intercompany balances, closed every month and ready for your lender and your CPA.
Construction groups grow one LLC at a time. The books usually don't keep up.
One company pays another company's bills, and nobody is sure what is owed between them.
The year looks profitable overall, but you can't see the margin on each project.
Every draw starts with rebuilding the budget and chasing invoices and lien waivers.
Accounts are months behind on reconciliation, so reports can't be trusted.
Amounts held back by owners or from subcontractors live in memory instead of the books.
Your CPA spends billable hours cleaning up before they can even start the return.
One monthly close for every company in the group, with the same structure in each set of books.
Every transaction recorded and assigned to the right company and project.
Every account reconciled, including construction loan balances.
Budget vs. actual by cost code, including committed subcontract costs.
A budget-vs-draw schedule that matches your lender, plus retainage receivable and payable.
Due-to and due-from balances that match on both sides, every month.
P&L and balance sheet per company, profitability per project and a group summary.
Invoices, receipts, contracts and lien waivers filed by company and project.
Reconciled books and schedules delivered to your CPA or tax preparer.
"Jorge is a professional at what he does and has experience in the construction field of accounting."
Yes. Each company keeps its own books and bank accounts, all set up with the same chart of accounts and project structure, and intercompany balances are reconciled every month so the group's numbers add up.
No. We are not a CPA firm and do not prepare IRS returns. We keep your books reconciled and hand your CPA or tax preparer a year-end package, and we coordinate with them during the year.
Mainly QuickBooks Online, connected to your bank accounts, payroll provider (Gusto, ADP or Paychex) and the tools you already use. If you are on other construction software, we can talk about it on the call.
Yes. We keep a budget-vs-draw schedule for each project that matches the lender's statement, record every draw and the retainage held, and prepare the cost backup you need for each draw request.
It is a flat monthly fee based on the number of companies, active projects and monthly transactions. You get a quote after a free review of your books, before you commit to anything.
Yes. Reports and calls are available in English or Spanish, which helps when the office, the field team and the owners don't all speak the same language.
Book a free 30-minute call. We will go over your companies, projects and current books, and you will leave with a clear picture of what needs to be organized first, whether or not you hire us.
R&J Consultants provides bookkeeping and accounting support and does not prepare IRS returns or give legal advice. We work alongside your CPA or tax preparer.