Expert Construction Bookkeeping & Financial Services for Builders and Trades
Running a construction business means juggling tight deadlines, fluctuating costs, subcontractor payments, compliance requirements, and multiple projects at once. With so much on the go, keeping your books accurate and up to date can quickly fall to the bottom of the list, and that’s where costly mistakes start. Profit Services provides specialised construction bookkeeping, payroll, accounts payable and receivable, financial reporting, and end-to-end financial management tailored to builders, tradespeople, and construction companies of all sizes.
With deep industry knowledge and a personalised approach, we help you stay compliant, maintain accurate job costing, understand your cash flow, and keep every project moving profitably. Whether you’re a sole trader or managing multi site operations, our team becomes your financial partner so you can focus on running your projects, not your paperwork.
Our Financial & Construction Bookkeeping Services
Managing finances in the building sector is uniquely complex, which is why
Bookkeeping for construction companies
requires a specialised, detail-driven approach. At Profit Services, we structure your financial systems around the realities of the trade and construction industry so you can run every project with confidence.
Dedicated Construction Bookkeeping
Accurate books are essential for controlling cost blowouts, understanding project performance, and manage cash flow. Our specialised
bookkeeping for construction
ensures your records are always clean, compliant, and up to date.
Services include:
- Daily transaction coding and reconciliations
- Job costing accuracy checks
- Progress payment tracking
- Retentions and liabilities management
- Monthly financial reviews
Accounts Payable & Supplier Management
Late payments damage supplier relationships, while overpaying erodes profit. Our team ensures your suppliers, subcontractors, and material orders are always handled efficiently and accurately.
Services include:
- Invoice processing
- Supplier statement reconciliations
- Scheduling payments
- Managing purchase orders
- Cost allocation per job or project
Payroll for Trades & Construction Teams
construction payroll is complex, with overtime, allowances, RDOs, site rates, subcontractor payments, and award compliance. We ensure your payroll runs smoothly, accurately, and fully aligned with Fair Work obligations.
Services include:
- Timesheet and roster management
- Subcontractor onboarding & payment processing
- Superannuation & STP compliance
- Workers compensation reporting
Cash Flow Management & Financial Reporting
Cash flow can make or break a construction business. We provide clear financial visibility so you always know your position and can confidently plan ahead. Services include:
- Cash flow forecasting
- Project profitability reporting
- Budget vs actuals
- Monthly management reports
- Cost overrun monitoring
BAS, GST & Compliance Support
Construction businesses face heavy compliance requirements from GST reporting to workers comp audits. Profit Services ensures you meet every requirement without stress. Services include:
- BAS preparation & lodgement
- GST accuracy reviews
- ATO communication & record keeping
- Industry specific compliance advice
Job Costing & Project Financial Tracking
Understand exactly where your money is going, which projects are profitable and where adjustments are needed before issues escalate. Services include:
- Job level income and expense tracking
- Labour costing
- Materials allocation
- Project progress analysis
- Work in progress monitoring
Why Construction Businesses Partner with Profit Services
The construction industry is unique with unpredictable expenses, variable labour costs, retention payments, progress claims, equipment depreciation, and strict compliance all require specialist knowledge. Profit Services understands these challenges and provides tailored financial support that ensure accuracy, transparency and confidence in every business decision.
We integrate seamlessly with job costing tools, project management systems, and accounting platforms such as Xero and MYOB, while ensuring your financial processes are efficient and stress free.