Whiz Consulting

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  • 100+

    Clients Served

  • 100000+

    Invoices Processed Per Month

  • 500+

    Completed Projects

  • 1000000+

    Reconciliation in a Month

  • 100+

    Team Size

Seamless Construction Accounting, Efficient Financial Operations

At Whiz Consulting, we don’t offer one-size-fits-all approach, rather our customized accounting services are designed according to your needs. We optimize your financial operations, manage cash flow, and provide budget support services to fuel growth! Outsource your construction accounting needs and get real-time data, improve cost control, and reduce errors with experts.

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Personalized Construction Accounting Services

With seamless construction accounting services, you can streamline financial operations by managing budgeting and cost tracking, financial reporting, and payroll management.

Bookkeeping

Let us manage and track all the financial activities related to your properties. With efficient expense documenting, monitoring project costs, and timely income management, our experts take care of it all.

Maintaining Accuracy

Bank Reconciliation

We streamline bank reconciliation for construction and real estate. With accurate financial records, automated transaction matching, and reduced errors, your construction business soars higher.

Accounting Practice

Accounts Receivable

From tracking and following up on overdue and automating invoice processing, we offer efficient account receivable services

outsourced real estate accounting

Accounts Payable

We manage end to end payments for vendors, maintenance, and utilities, helping you maintain solid vendor relationships.

Maintaining Accuracy

Construction Accounting Issues We Resolve

Let our team of expert construction accountants handle complex tasks such as job costing, project budgeting, and financial reporting.

  • 1

    Tracking Retainage

    We simplify tracking retainage in construction projects by automating calculations, providing real-time updates, and ensuring accurate chart of accounts set up. This helps maintain cash flow transparency, streamline invoice management, and ensure compliance with contract terms.

  • 2

    Digitizing Receipts

    Digitizing construction project receipts streamlines processes, reduces storage, and optimizes expense categorization. This way, we improve expense tracking, improves audit readiness, and ensures seamless integration with accounting systems.

  • 3

    Optimized Cash Flow

    We optimize cash flow by tracking payments, streamlining invoices, and managing expenses accurately. Our goal is to provide financial stability, reduce payment delays, and improve overall project profitability.

Our Technology Partners

Empowering innovation with cutting-edge solutions designed to drive efficiency and transformation.

Drive Your Success with Expert Construction Accounting Services

Drive success with expert construction accountants and personalized financial solutions to empower your growth.

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Why Choose Us?

We combine deep industry knowledge with cutting-edge accounting technology to offer personalized solutions that save you time and money. Here’s why we’re the right choice for your construction business:

  • Industry Expertise

    Our team comprises of professional accountants who understand construction business models, reporting requirements, and financial challenges.

  • reporting

    Accurate Financial Reporting

    We deliver precise and timely financial statements that allow you to make informed decisions and run your business more efficiently.

  • Decade of Experience

    With over 10 years of industry experience, we have a proven track record of helping businesses across diverse sectors stay organized and financially sound.

  • data security

    Dedicated Experts

    Our team comprises highly skilled, certified professionals dedicated to supporting your business to effectively address your unique challenges.

  • Cost Optimization

    Through careful analysis and tracking, we help you identify areas where you can reduce costs and improve profit margins, helping you get the most out of your revenue.

  • Scalability Support

    We grow with you! Scale and expand confidently with our flexible, scalable support tailored to your business needs.

Client Testimonials

See how we've helped others achieve their financial goals with personalized solutions and expert guidance.

Have questions in mind? Find answers here...

Construction accounting is a specialized field that focuses on tracking and managing the financial aspects of construction projects, which often involve unique challenges like long-term contracts and complex cost structures. It focuses on project-specific financial tracking, including job costing, revenue recognition based on project completion, and managing expenses related to labor, materials, and equipment.

Construction accounting service providers use the percentage-of-completion (PCM), completed-contract method, cash, or accrual method to manage financial operations. A construction accountant may use any of these methods based on the circumstances of the project for accurate accounting.

One of the biggest challenges in the construction industry is project delay. This challenge is caused from inaccurate project estimates and can affect project timelines, profitability, and overall success of the project.

In construction accounting, Work in Progress (WIP), represents the costs associated with ongoing construction projects that are not yet completed. It’s a crucial metric for tracking the financial health of a project, as it includes the value of labor, materials, and overhead invested to date.

Thousands of business owners trust Whiz to manage their account

Let us take care of your books and make this financial year a good one.

    How Construction Accountants Drive Efficiency and Profitability

    Construction accountants play a crucial role in driving profitability and efficiency as they implement effective financial management practices. They ensure accurate job costing, track project budgets, and monitor expenses as part of accounting for construction businesses.

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    We leverage real-time expense monitoring, job costing, and automated reporting tools to reduce financial loss, ensure accurate budgeting, and improve profitability, which leads to better cost tracking.

    By reducing delays, forecasting cash needs, and streamlining AP and AR processes, we assist construction businesses to maintain efficiency, avoid financial strain, and keep projects on schedule. This results in long-term growth and improved cash flow management.

    With the help of advanced construction accounting software, we offer real-time financial insights, automated reporting, and accurate cost-tracking. With these insights, you can make data-driven decisions and reduce risks in all your construction projects.

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