Construction accounting requires more than basic bookkeeping. At KP Insights, we provide construction accounting and bookkeeping services designed specifically for contractors, builders, and construction companies that need accurate job costing, reliable WIP reporting, and seamless integration with tools like Procore.
Our approach aligns with the clean, data-driven, and advisory-focused style of KP Insights — clear insights, precise reporting, and actionable financial intelligence for growing construction businesses.
Accounting
Accurate job cost accounting is essential to understanding project profitability. We track labor, materials, subcontractors, equipment, and overhead by job and cost code so you can:
Our construction bookkeeping systems are designed to support both field operations and executive-level decision-making.
Accounting
Accurate job cost accounting is essential to understanding project profitability. We track labor, materials, subcontractors, equipment, and overhead by job and cost code so you can:
Monitor real-time job profitability
Identify margin erosion early
Make informed pricing and bidding decisions
Our construction bookkeeping systems are designed to support both field operations and executive-level decision-making.
Reporting
WIP reports are a cornerstone of construction financial management. We prepare and maintain accurate construction WIP schedules that support:
Percentage-of-completion revenue recognition
Overbilling and underbilling analysis
Bonding and lender requirements
CPA review and year-end compliance
Forecasting and backlog visibility
Our WIP reporting process ensures your financial statements reflect the true economic reality of your projects — not just what’s been billed.
REvenue
We manage construction progress billing, change orders, and retainage tracking to ensure invoices align with project completion and contract terms. This helps reduce billing disputes, accelerate collections, and stabilize cash flow.
Integration
KP Insights has hands-on experience supporting construction companies that use Procore for project management.
Our Procore accounting expertise includes:
Aligning Procore budgets and cost codes with accounting systems
Budget vs. actual and committed cost reporting
Reconciling Procore commitments with job cost data
Supporting accurate WIP reporting using Procore data
Reducing duplicate entry between field operations and accounting
By integrating Procore with your accounting workflows, we help ensure your financial reporting matches what’s happening on the jobsite.
Financial Data
Construction cash flow is driven by timing, retainage, and project performance. We help you:
Anticipate cash shortfalls before they occur
Understand the cash impact of WIP and backlog
Plan for payroll, materials, and equipment costs
Make confident decisions based on accurate financial data
Bookkeeping
Our construction bookkeeping services are built foraccuracy, consistency, and scalability:
Accounts payable and subcontractor payments
Accounts receivable and construction invoicing
Payroll coordination and labor cost tracking
Job and cost-code-based expense classification
Monthly bank and credit card reconciliations
Construction-specific financial statements (P&L, balance sheet, cash flow)
All bookkeeping follows construction accounting best practices and supports clean month-end and year-end reporting.
Industry
We provide construction accounting services for:
General contractors
Specialty subcontractors
Commercial and residential builders
Growing construction companies
Multi-entity and multi-project construction firms
Our systems scale as your project volume and operational complexity increase.
Partner with Us
Construction-focused accounting expertise
Proven experience with WIP reporting
Practical, real-world Procore knowledge
Clean, decision-ready financials
We don’t just report the numbers — we help you understand them.
Industry
If you’re looking for construction accounting and bookkeeping services that deliver clarity, accuracy, and insight, KP Insights is ready to help.
Contact KP Insights today to discuss construction accounting solutions designed for how contractors actually operate.
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