Construction accounting requires an understanding of project-based operations, contract billing, job costs, work in progress, and the relationship between project performance and overall business profitability.
With 12 years of construction industry experience, Crystal Lane Advisory provides specialized financial management and accounting support to general contractors and subcontractors.
We understand that successful construction financial management goes beyond maintaining the general ledger. It requires accurate project cost information, reliable reporting, effective billing processes, and visibility into job performance.
We help general contractors strengthen project accounting processes, improve financial visibility, and better understand the profitability of their projects.
Services include:
Job costing and project cost analysis
Work-in progress (WIP) reporting and analysis
Over/under billing analysis
Project budget monitoring
Contract and change order financial tracking
Project profitability analysis
Suncontractor cost and commitment monitoring
Cash flow forecasting
Construction financial reporting
Accounting process and workflow improvements
We help subcontractors improve financial oversight, monitor project costs, and establish accounting processes that support efficient operations and profitable projects.
Services include:
Job cost tracking and analysis
Labor and material cost monitoring
Project profitability reviews
Progress billing and accounts receivable processes
Cash flow management
WIP reporting and analysis
Job budget monitoring
Accounts payable and vendor management processes
Financial reporting and controller support
Accounting workflow improvements
Construction businesses rely on accounting systems that connect financial information with project operations.
We assist with evaluating, implementing, and optimizing construction accounting and ERP systems to improve project reporting, job cost visibility, and accounting efficiency.