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Contractors and construction

Accounting for contractors
who need to know what each job made.

Job costing, payroll and WSIB support for contractors — with subcontractor and payment processes, HST support and monthly management reporting.

CostingJob level
PayrollPayroll and WSIB
ReportingMonthly
Who this is for

Incorporated Canadian contractors and construction businesses.

A company-level profit and loss tells a contractor almost nothing. The question is which jobs made money, and that has to be built into how the bookkeeping is done rather than reconstructed afterwards.

  • You run an incorporated contracting or construction business in Canada.
  • You have multiple concurrent jobs, sites or projects.
  • You have employees, subcontractors, or a mix of both.
  • You need cost and margin by job, not just a company-level statement.

We work with incorporated small and mid-sized businesses. This is not personal or consumer tax work.

How we help

Job detail as a by-product of the bookkeeping.

Costs are coded to the job as they are processed, so job reporting is available at month-end rather than assembled for it.

01/

Job costing setup

Jobs, phases and cost codes set up so labour, materials, equipment and subcontractor costs land against the right job as they are entered.

02/

Payroll

Payroll processing and source deductions for hourly and salaried staff, including job-allocated time where your systems support it.

03/

WSIB support

WSIB account handling, premium reporting and reconciliation, run alongside payroll by the same team.

04/

Subcontractor and payment processes

Subcontractor setup, holdback tracking, payment runs and year-end reporting for the people you pay.

05/

HST and management reporting

HST support on progress billings and holdbacks, plus monthly reporting by job and in total.

NEXT/

Not sure which of these you need?

That is what the consultation is for. Thirty minutes, no obligation.

Book a Consultation
Next steps

Four steps to job-level numbers.

How much setup is needed depends on what your current system already captures.

STEP 01

Consultation

Thirty minutes. How you bid and bill, how many jobs run at once, and who is on payroll versus subcontract.

STEP 02

Review

We look at the current books, the payroll setup and how job information is captured today.

STEP 03

Setup and catch-up

Cost codes and job structure put in place, and the books brought current if there is a backlog.

STEP 04

Monthly cycle

Monthly close, payroll and WSIB reporting, and job-level management reporting.

Built for contract work

Progress billings and holdbacks, handled in the ledger.

Most general bookkeeping treats a contractor like any other business, and the differences surface at year-end as a reconciliation problem.

01

Job-level detail

Costs are coded as they are processed, so job reporting is available every month rather than assembled once a year.

02

Payroll and WSIB together

Payroll, source deductions and WSIB reporting are handled by the same team that keeps the books, so the numbers agree.

03

Holdbacks and progress billing

Treated properly in the ledger through the year, instead of being untangled at year-end.

Common questions

Before you book.

Do you work with our existing estimating or job-costing software?

Where it can export or integrate, yes. We review what you use in the consultation and design the accounting side around it rather than replacing it by default.

Can you handle both employees and subcontractors?

Yes. Payroll for employees, and setup, payment runs, holdback tracking and year-end reporting for subcontractors.

Do you handle WSIB?

We provide WSIB support alongside payroll — account handling, premium reporting and reconciliation. What that covers for your business is confirmed in the consultation.

Find out what each job actually made.

A consultation on how your jobs, payroll and subcontractors are handled today, and what job-level reporting would require.