Business Services

Job Costing & Project Accounting

Know what each job is costing, what it is earning, and where profit is being lost before the project closes.

Job Profitability Starts With Cost Visibility

A business can stay busy and still lose money on individual jobs. Job costing connects the general ledger to the work being performed so labor, materials, subcontractors, equipment, billing, and project timing can be evaluated together instead of disappearing inside broad expense accounts.

Direct Job Costs

Track materials, subcontractors, permits, rentals, travel, and other costs that belong to a specific job or project.

Labor & Subcontractors

Separate payroll, burdened labor, and subcontractor costs so the true cost of completing the work is visible.

Materials & Equipment

Distinguish job materials, small tools, rented equipment, owned equipment, and other project-related costs consistently.

WIP & Project Timing

Keep costs associated with work in progress organized when projects span reporting periods or when revenue and cost recognition do not occur at the same time.

Billing, Change Orders & Retainage

Connect estimates, approved changes, progress billing, deposits, retainage, and collections to the jobs that generated them.

Job Profitability & Closeout

Compare contract or sales value with the full cost of the work so completed jobs provide useful information for pricing and future estimates.

Accounting Classification Can Change the Story

Project accounting is more than tagging transactions to a customer name. Depending on the facts, a cost may belong in current-period expense, inventory or work in process, a fixed asset, or another balance-sheet account.

KDW helps organize the accounting so project reporting is useful to management and the underlying records are better prepared for financial reporting and tax treatment.

Best Fit for Project-Driven Businesses

This service is especially useful when revenue and cost are generated job by job, project by project, or property by property.

Know What the Work Is Really Earning

We can help structure job and project accounting so your books support pricing, profitability analysis, tax readiness, and better decisions.

Schedule a Free Consultation