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Construction Accounting That Connects the Books to the Job
Running a profitable construction business takes more than knowing how much money is in the bank.
You need to understand what each project is costing, whether your jobs are performing as expected, where your cash is going, and whether the numbers in your accounting system reflect what is actually happening in the field.
5and2 Business Services provides bookkeeping, financial oversight, and controller support for custom home builders, remodelers, general contractors, and specialty contractors who want a clearer picture of their business and project profitability.
Construction Accounting Is Different
Construction Accounting Is Different
Construction businesses don't operate like traditional service businesses—and their accounting shouldn't either.
Revenue and expenses happen across multiple projects and over extended periods of time. Vendor bills, subcontractors, change orders, customer payments, committed costs, payroll, and project expenses all affect the financial picture.
That means a clean Profit & Loss statement alone may not tell you what you really need to know.
Your accounting needs to help answer questions like:
Are our jobs actually profitable?
Are project costs being captured accurately?
Why does cash feel tight when our jobs appear profitable?
Are we billing and collecting quickly enough?
What costs are still committed but haven't hit the books?
Do our accounting and project-management numbers agree?
Can I trust the numbers I'm using to make decisions?
Our goal is to help you answer those questions.
Your Accounting System and Project Management System Should Tell the Same Story
Your Accounting System and Project Management System Should Tell the Same Story
QuickBooks Online tells you what has happened financially.
Your construction management system helps tell you what is happening on the job.
Neither should operate in isolation.
When project costs, vendor bills, customer invoices, payments, cost codes, and financial workflows aren't aligned, it becomes difficult to know which numbers to trust.
5and2 helps connect the accounting side of your business with the operational side so you have a more complete view of financial performance.
For businesses using JobTread and QuickBooks Online, that includes understanding how information moves between the two systems and helping maintain workflows that support accurate job costing and financial reporting.
Know What Your Jobs Are Really Making
Know What Your Jobs Are Really Making
A project can look profitable on paper while still creating pressure on cash.
That's why construction financial management needs to look beyond revenue.
We help business owners understand the numbers behind their projects, including:
Job Costs
Project Revenue
Gross Profit & Margins
Committed Costs
Change Orders
Accounts Receivable
Accounts Payable
Cash Flow
Project Profitability
Budget vs. Actual Performance
The goal isn't simply to produce more reports.
It's to help you understand what the reports are telling you—and identify where the business may need your attention.
Financial Support From Bookkeeping to Strategy
Financial Support From Bookkeeping to Strategy
Construction companies don't all need the same level of financial support.
Our services are built around three levels:
Foundation
Foundation
Keep the Books Clean
Reliable financial decisions start with reliable accounting.
Support may include monthly bookkeeping, reconciliations, AP/AR, payroll oversight, financial reporting, vendor management, and 1099 support.
Visibility
Visibility
Understand What's Happening
Go beyond transaction recording to understand cash flow, job costs, margins, project profitability, and overall financial performance.
Support may include job-cost oversight, project profitability review, budget-to-actual analysis, cash-flow visibility, and JobTread ↔ QuickBooks coordination.
Strategy
Strategy
Plan What Comes Next
Use your financial information to make better decisions about growth, spending, staffing, projects, and cash.
Support may include budgeting and forecasting, cash-flow planning, profitability analysis, financial strategy, controller support, and regular owner meetings.
Built for Construction Businesses
Built for Construction Businesses
5and2 Business Services works with construction companies that need more than someone categorizing transactions at the end of the month.
Our construction accounting services are designed for:
Custom Home Builders
Understand project costs, margins, cash flow, and overall business performance while keeping your accounting connected to the jobs you're managing.
Remodelers
Keep track of costs across active projects, change orders, subcontractors, vendor expenses, customer billing, and project profitability.
General Contractors
Create stronger financial visibility across multiple jobs, vendors, subcontractors, receivables, payables, and ongoing commitments.
Specialty Contractors
Build a stronger financial foundation as your business grows, with bookkeeping, payroll oversight, job costing, cash-flow management, and financial reporting that can grow with you.
More Than Construction Bookkeeping
More Than Construction Bookkeeping
Accurate bookkeeping is the foundation. But knowing the books are reconciled doesn't necessarily tell you whether your business is performing the way you think it is.
That's where financial visibility matters.
With more than a decade of experience in Revenue Management, budgeting, forecasting, and financial performance analysis, 5and2 founder Mary Phillips brings a different perspective to construction accounting.
Because the value of good accounting isn't simply having financial statements.
It's knowing what to do with the information.
We don't simply ask:
“Are the books complete?”
We also look at questions like:
“Where is the money going?”
“What's driving profitability?”
“Which jobs are performing well?”
“What is putting pressure on cash?”
“What do these numbers mean for the decisions ahead?”
QuickBooks + JobTread Financial Support
QuickBooks + JobTread Financial Support
Your software should make your financial picture clearer—not create another set of numbers to reconcile.
5and2 Business Services works with QuickBooks Online and JobTread to help construction businesses maintain stronger alignment between project activity and accounting.
That can include reviewing workflows related to:
Customers and Jobs
Cost Codes
Vendor Bills
Customer Invoices
Payments
Job Costs
Project Financials
Accounts Payable and Receivable
Financial Reporting
The objective is simple: your accounting and project-management systems should work together to give you information you can actually use.
You Know How to Build. You Should Also Know What You're Building Financially.
You Know How to Build. You Should Also Know What You're Building Financially.
If your construction business is growing but you're still asking where the money went, whether your jobs are profitable, or whether you can trust your financial reports, it's time for better visibility.
Let's talk about where your accounting stands today, what's working, and what financial support would help you run the business with greater clarity.
Virtual accounting and advisory services • Serving construction businesses nationwide
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