Bookkeeping for contractors, trades, and small businesses in Utah.

Call or Text: (208) 971-3479

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

The Next Step:
A 15-Minute Call

We'll ask a few questions about your business, figure out what you need, and give you a straightforward price.

More Questions

How do I manage seasonal cash flow in HVAC?

Maintenance agreements create predictable monthly revenue that smooths out seasonal swings. Combine that with building cash reserves during peak seasons, knowing your breakeven number, and having a credit line as backup.

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How do I find a bookkeeper who understands construction accounting?

Look for direct experience with construction clients, job costing knowledge, and the ability to explain how they handle retainage and progress billing. The right bookkeeper will ask about your current setup and understand industry-specific reporting needs.

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How do I track subcontractor costs by project?

Enter every sub invoice with the correct job assigned the same day it arrives. Track committed costs from contracts, not just payments, so you see your true position before invoices land.

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What is labor burden and how do I account for it?

Labor burden is the true cost of an employee beyond their hourly wage. It includes payroll taxes, workers' comp, benefits, and paid time off. Accounting for it correctly means applying a burden rate when costing jobs so your bids reflect what labor actually costs you.

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What makes construction bookkeeping different from regular bookkeeping?

Job costing is the main difference. Construction bookkeeping tracks profitability by project, phase, and cost type rather than just overall business performance.

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What are cost codes and how do I use them?

Cost codes are a numbering system that assigns every job expense to a specific category like framing, electrical, or finishes. They let you track exactly where money goes on each project instead of lumping everything together.

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Utah bookkeeping firm for contractors, trades, and small businesses. We provide bookkeeping, construction job costing, payroll, and QuickBooks support. Locally owned in American Fork, serving Provo to Salt Lake City and the entire Wasatch Front.

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