We offer a free initial consultation to individuals and businesses. Most importantly, at Leon Jaferian, CPA, Inc. we strive to build a lasting relationship with each of our clients. We get to know you and make it our goal to help your business thrive financially through the ups and downs of the economy. Website development for accountants designed by Build Your Firm, providers of accounting marketing services. Our team of pros is familiar with California tax rules and will customize their approach to your business’ unique needs. If you do not accurately bid jobs, measure profitability upon job completion, identify mistakes, and perpetually improve bidding accuracy then you are missing out on huge profitability potential.
Assurance Services Director Kyle Hartranft explores job costing analysis for Construction Business Owner
As a certified financial advisor and tax planner we can guide help guide you toward a path of success. We don’t just stop with your business, we also help business owners and individuals understand how the money game works. We believe that financial education is golden and that no one should be left behind. Following a detailed set of plans, using the right tools, and laying a solid financial foundation with good construction accounting methods is crucial in building an outstanding business. Building companies, contractors, and property developers need accurate financial reporting to succeed in the competitive Los Angeles and Orange County construction industries. With online bookkeeping services and real human support, Bench is the expert financial solution your business deserves.
Here’s why Los Angeles business owners like you trust Bench with their bookkeeping
There are some times that we’ll request documents from you (like account statements or receipts), just to ensure the information we have is correct. If you need to share files with your bookkeeping team, it’s as simple as uploading a file. Get your bookkeeping, income tax prep, and filing done by experts—backed by one powerful platform.From startups to agencies, Bench works with Los Angeles small businesses. Our intuitive software automates the busywork with powerful tools and features designed to help you simplify your financial management and make informed business decisions. As a business in the construction industry, you work in hypercompetitive, often volatile, and constantly evolving markets. We understand your construction company needs sound financial advice and rock-solid resources to help you navigate the ins and outs of your world.
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With Bench, you’ll receive a dedicated bookkeeper to do your monthly bookkeeping and we’ll answer any questions you might have around deductions. Construction professionals and contractors know that quality comes from being prepared and having the right set of tools for the job. Like you, we recognize when you come prepared, not only does the job get done quickly, it gets done right. Most any accounting firm can provide the construction bookkeeping traditional compliance services common to every company.
- In addition to our construction accounting services, we can develop a tax planning strategy that will keep more of your profits in your pocket.
- With Bench, you get a team of real, expert bookkeepers in addition to software.
- Like you, we recognize when you come prepared, not only does the job get done quickly, it gets done right.
- An experienced construction bookkeeper will have a strong background in job costing, a primary financial concern for construction companies.
- A Sherman Oaks Accounting & Bookkeeping powered by One Source Services, Inc. bookkeeper that specializes in construction trades will recognize how job costing is at the heart of a company’s financial health.
- Get free guides, articles, tools and calculators to help you navigate the financial side of your business with ease.
Ken Kathcart, CPA
You cannot afford to allow an amateur to design and maintain your financial structure. Add something as complicated as job costing and it’s even more essential. We try our best to keep you with the bookkeeping team you’re assigned when you https://www.inkl.com/news/the-significance-of-construction-bookkeeping-for-streamlining-projects come on board.
We work with residential and commercial builders, specialty contractors and highway construction companies to provide critical financial and tax guidance. Through long-standing relationships with insurance and bonding agents, we can tailor a tax strategy that improves the bottom line. An experienced construction bookkeeper will have a strong background in job costing, a primary financial concern for construction companies. We have a reputation for providing financial guidance and strategic support to help your business improve productivity, increase profitability and minimize taxes. But we think we are more than the average accounting firm. We are also your neighbors in North Hollywood in Los Angeles and we care about our community as much as you do.
Tips for Contractors to Optimize Accounts Receivable
Once we have everything set up, we’ll complete a month of your bookkeeping. Our bookkeepers reconcile your accounts, categorize your transactions, and make necessary adjustments to your books. The end result is a set of accurate financial statements—an income statement and a balance sheet. Most businesses in Los Angeles are charged a California corporate tax, a California alternative minimum tax (AMT), and/or a California franchise tax, depending on the business entity.
Our Los Angeles, CA CPA firm works with construction companies large and small and all kinds of contractors including builders, electricians, HVAC companies, plumbers, painters, and many others. A quarterly newsletter designed to provide construction industry leaders with timely news and valuable insights. They will monitor direct and indirect labor, subcontractors, materials, permits, equipment rental, and payroll. They will understand the distinction between a subcontractor and an employee and know the importance of properly handling subcontractors. They will connect every item purchased to the job it was bought for and will ensure that purchase receipts are turned in to them with notes indicating which job it belongs to. A Sherman Oaks Accounting & Bookkeeping powered by One Source Services, Inc. bookkeeper that specializes in construction trades will recognize how job costing is at the heart of a company’s financial health.