PERSONALIZED Outsourced Accounting
We have years of financial accounting and bookkeeping experience working with many types of contractors, including construction, surveyors, architects, and more.
Think of this:
A home remodeler might need to know the cost of goods sold versus expenses to understand profits and where he might be leaking revenue. Daily entries for payroll and expenditures for that day's work require discipline to ensure that no items are missed or forgotten. This, in turn, provide more accurate reporting.
Architects want to know how each project is doing. Detailed reporting can give him a better idea of how well he's performing in terms of time spent and money earned.
A large construction company might have refurbishing projects in many locations. They'll want a detailed report on their expenses per location and project to determine profitability. They may want to see their profit margins on location A versus B. We can provide project income and expense reports. Instead of looking at everything at once, you can gain better insight into your financial health.
Contractor Financial Services
Hire Your Next Subcontractor
So Your Next Payroll Is Seamless
When hiring a new vendor, it's important to have a clear onboarding plan to help ensure that the project is successful and that your accounting contractors can hit the ground running. We recommend providing them with all the necessary information upfront. This includes things like your company's accounting policies and procedures.
How to pay your subcontractors and pay your 1099s
Configure QuickBooks for employee’s time, payroll, and taxes
Managing subcontractors for each job can be easier, and you can track the income and expenses for work performed by them. You can see how much was paid, when, and to whom. You can also see how much money is coming in from each job. This information is crucial for tax purposes and for understanding your financial picture.
Why Work With Devine Consulting
Devine Consulting's accounting services for contractors provide the foundation to support strategic planning, financial analysis, and tax preparation.
Our Financial Controller Services goes even further, helping forecast, budget, and plan for the future of your business. Your dedicated financial controller will guide your planning process, develop your annual budget, provide accurate forecasts, and analyze your budget against actual performance. With our comprehensive approach, you can be sure you're ready to take action and grow your firm.
Our bookkeeping services provide the foundation for success. By organizing and tracking your financial information, we ensure that all required data is carefully documented so you can make informed decisions about tax planning, analyzing performance metrics, or formulating strategies to grow your business.
Benefits of Partnering with Devine Consulting
Get your weekends back
After a hard day's work, all you want to do is go home to your family, relax, and unwind. But you can't because you've got paperwork up to your ears and financial reporting to do. Working with Devine, you won't have to work weekends and evenings to accommodate these extra tasks, and will be able to achieve more balance in your life outside of work.
Tedious But Important Tasks
You don't have to spend hours doing your books and sending out invoices. You don't have to be late sending invoices or spend lots of time chasing payments that have yet to be made by clients. With proper invoicing you can bring in more consistent revenue since you aren't late sending your invoices.
Accurate Financial Reporting
We'll also organize your books and prepare reports for bank loans. We work with independent contractors to report on financial performance and keep your business running. All of that paperwork can be ready when you need it rather than the scramble to pull together required financial reports.