Is there a bookkeeper near me in Provo that works with contractors?
TRUEquity Bookkeeping serves contractors in Provo and throughout Utah County. Based in American Fork, we work with general contractors, tradespeople, and construction companies from Provo to Salt Lake City and across the Wasatch Front. American Fork is about 15 minutes from Provo, so we’re close enough for in-person meetings when needed.
Finding a bookkeeper in your area is straightforward. Finding one who actually understands contractor accounting takes more effort. Most bookkeepers can categorize transactions and reconcile bank accounts, but contractors need more than basic bookkeeping. You need job costing that shows profitability by project, not just for the company as a whole. You need someone who understands how progress billing works, how to track retainage, and how to handle change orders in your accounting system.
The difference shows up in your financial reports. A general bookkeeper produces statements that tell you whether your company made money last month. A bookkeeper with construction experience produces reports that show which jobs made money and which ones lost money. That project-level visibility matters when you’re deciding which types of work to pursue and which to avoid.
When evaluating bookkeepers for contractor work, ask about their construction experience specifically. Ask how they handle job costing in QuickBooks. If they can’t explain their approach clearly or if they’ve never set up job costing before, they’re probably not the right fit regardless of how close their office is to yours.
TRUEquity was founded specifically to serve contractors and construction businesses. As a construction bookkeeper in American Fork, we understand the industry because our founder spent years working in construction before focusing on accounting. That background means we know what matters to contractors and how to set up books that actually help you run your business.
Utah's Construction Bookkeeping Specialists
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More Questions
Why is my profit different from my estimate at the end of a job?
The gap usually comes from labor overruns, material cost changes, untracked change orders, or expenses that never got coded to the job. Separating real cost increases from tracking problems helps you fix the right issue.
Read answerWhat bookkeeping firms serve the Salt Lake City area?
The Salt Lake City metro has many bookkeeping options from solo practitioners to full-service firms. The right choice depends on your industry, the services you need, and whether you prefer local or virtual support.
Read answerHow do I compare estimated vs actual job costs?
Structure your estimates and actuals the same way, then track every expense by job, phase, and cost code. Compare weekly during active construction so you catch variances while you can still react.
Read answerWhat is the best chart of accounts for a contractor?
A contractor's chart of accounts should separate direct job costs from overhead. This structure is what enables job-level profitability reporting instead of just business-wide totals.
Read answerWhat financial reports should an electrician review?
Job profitability reports matter most because they show which projects made money. Beyond that, review your P&L monthly, AR aging weekly, and cash position regularly.
Read answerWhat should I track for accurate job costing?
Track labor hours and burden, materials coded to jobs, subcontractor invoices, equipment usage, and allocated overhead. The key is capturing costs at the job level when they happen, not guessing at month-end.
Read answer