Our Paperwork System – Workflow process handles paperwork. When it arrives no matter how organized or disorganized it is we pre-process it before it enters our workflow where it is scanned and uploaded into paperless servers in the cloud. QuickBooks and other bookkeeping software give you a tool to do your own bookkeeping. VSG is dedicated to expanding the footprint of its manufacturers beyond their traditional market vertical, while creating a single source solution for its showroom, wholesale and project partners.

Outsourced Construction Accounting Services

Too often contractors in Los Angeles hire the wrong bookkeeper mistakenly believing all bookkeepers are the same. Buried in paperwork, tangled in compliance forms, and constantly tracking financial details? Our team of experienced professionals offers local bookkeeping services that cater to the specific needs of construction companies in Los Angeles, Orange County, and beyond. Maximize your construction business’s financial potential with our bookkeeping services. We document, reconcile, and provide monthly or quarterly financial statements with the utmost accuracy. Know where your business stands financially and land better jobs in the future.

Industry Insights

Our team of bookkeepers and financial experts can help your Los Angeles business with tax preparation, planning, and filing. Depending on the business entity you’re operating, we can also help you figure out which California state taxes you need to pay. We have a reputation for providing financial guidance and strategic support to help your business improve productivity, increase profitability and minimize taxes. But we think we are more than the average accounting firm.

Serving Construction ContractorsAcross The U.S.AIncluding AlaskaAnd Hawaii

With expert guidance and a meticulous approach, we help businesses navigate their finances with confidence and clarity. We help construction companies save money by optimizing deductions, deferring income, and utilizing tax credits. We also support clients that use other merchant processors. We’ll work with you to connect accounts and pull the data we need to reconcile your books. Shortly after you sign up, we’ll give you a call to learn more about your business and bookkeeping needs.

• Each month, your bookkeeper organizes your business transactions and prepares financial statements.
• We document, reconcile, and provide monthly or quarterly financial statements with the utmost accuracy.
• Our Los Angeles accounting firm specializes in serving this dynamic and challenging industry.
• Bench simplifies your small business accounting by combining intuitive software that automates the busywork with real, professional human support.
• Building companies, contractors, and property developers need accurate financial reporting to succeed in the competitive Los Angeles and Orange County construction industries.
• Get your bookkeeping, income tax prep, and filing done by experts—backed by one powerful platform.From startups to agencies, Bench works with Los Angeles small businesses.
• Your bookkeeping team consists of 3 professionally trained bookkeepers, including one senior bookkeeper who reviews all of your monthly statements and your Year End Financial package.

Our Services

We update all regulatory changes and trends to best serve you. Our experts managed client assets of over $50 million over the past five years.

On this call, we’ll connect your accounts to Bench, and gather any extra documentation we need to complete your books. This tax rate applies to C corporations and LLCs that elect to be treated as corporations and report construction bookkeeping net taxable income (i.e. a profit). Without a profit, they pay a flat alternative minimum tax (AMT) of 6.65%.

• The professional, specialized bookkeepers at Sherman Oaks Accounting & Bookkeeping powered by One Source Services, Inc. will implement bookkeeping software to make the process as efficient and easy as possible.
• C corporations that don’t report a net income as well as pass-through entities must also pay a California franchise tax.
• JFL Bookkeeping Remedies & Consultation provides unparalleled personalized bookkeeping and accounting services to US-based businesses from small to medium-sized.
• We estimate and track every work detail, from materials to labor.
• Say goodbye to hidden pains and unlock it efficiency, profitability, and peace of mind.

Efficient Service Delivery

The team is responsible for the sale of decorative plumbing, hardware, cabinetry and architectural products throughout 12 states within the Western, Northwestern and Southwestern US territories. https://blackstarnews.com/detailed-guide-for-the-importance-of-construction-bookkeeping-for-streamlining-business-operations/ Accurately forecast cash flow, streamline payables, and optimize receivables, ensuring funds are available exactly when needed to keep operations running smoothly. We offer a free initial consultation to individuals and businesses. A good bookkeeper, like the ones on staff at Sherman Oaks Accounting & Bookkeeping powered by One Source Services Inc., will enter transactions daily with knowledge, discipline, and attention-to-detail. Mistakes can be costly and impact both finances and operations. Our membership in CFMA gives us access to the latest industry insights.

We work with residential and commercial builders, specialty contractors and highway construction companies to provide critical financial and tax guidance. Through long-standing relationships with insurance and bonding agents, we can tailor a tax strategy that improves the bottom line. ​Maintain control over your budgets with real-time project cost tracking, ensuring you tackle issues early and protect your profit margins from unexpected overruns. They will monitor direct and indirect labor, subcontractors, materials, permits, equipment rental, and payroll.

You’ll always have the human support you need, and a mobile friendly platform to access your up-to-date financials. Our intuitive software automates the busywork with powerful tools and features designed to help you simplify your financial management and make informed business decisions. Some Construction Bookkeepers – Are hopelessly disorganized and without a construction bookkeeping services system they cannot provide the Profit And Loss, Balance Sheet and other Financial Reports and Job Costing Reports you need.