PROVIDENCE-AREA CPA · RHODE ISLAND & SE MASSACHUSETTS14 Breakneck Hill Rd, Lincoln, RI • (401) 475-6960
Construction site with framing and crew
INDUSTRIES / CONTRACTORS & SUBCONTRACTORS

Accounting for contractors in Rhode Island & SE Mass.

Job costing, monthly books, payroll and tax planning for general contractors and the trades, so you know which jobs make money before the year is over.

BIBBY & CO. / RHODE ISLAND & SE MASSACHUSETTS
WE KNOW HOW CONSTRUCTION WORKS

Busy doesn't always mean profitable.

Construction companies juggle bids, crews, subs, materials, equipment and retainage across several jobs at once. Revenue can look strong while cash gets tight. Good job-level numbers tell you where the margin went and what to change on the next bid.

We work with GCs, remodelers, site work, electrical, plumbing, HVAC, landscaping and other trades across Rhode Island and Southeastern Massachusetts.

Job costingWIP schedulesSubcontractor 1099sEquipment planning
HOW WE HELP

What we help keep under control.

We start with the areas that cost contractors the most money when they're wrong.

01

Job-cost visibility

Labor, materials, subs and overhead tracked by job, so you can compare estimates to actual costs and price the next one right.

02

Cash flow and WIP

Plan around deposits, progress billing, retainage and payroll. A work-in-progress schedule shows over- and under-billing before it becomes a problem.

03

Payroll and subcontractors

Payroll through Jette Payroll, W-9s collected during the year, and 1099-NEC filings done on time.

04

Tax and equipment decisions

Timing of truck and equipment purchases, depreciation and entity structure planned before year-end, not after.

Contractor reviewing plansFrom the estimate through the final invoice.
WHAT OWNERS ASK US ABOUT

The questions behind the numbers.

↗

Jobs that looked profitable on paper

Find where actual costs drifted from the estimate, and fix the bid.

↗

Cash tied up in jobs

Plan for the gap between paying crews and suppliers and getting paid.

↗

Sub paperwork

Keep W-9s and payments organized so 1099s and insurance audits are easy.

↗

Seasonal swings

Make reporting and estimated taxes predictable when the workload isn't.

COMMON QUESTIONS

Answers before we get started.

Every situation is different. These are the questions owners ask us most.

Do you work with general contractors and subcontractors?

Yes. We work with general contractors, specialty trades and subcontractors in Rhode Island and Southeastern Massachusetts, including companies with a mix of W-2 crews and 1099 subs.

Can you set up job costing in QuickBooks?

Yes. We can set up or clean up job costing so labor, materials, subcontractors and equipment land on the right job, and you can compare estimates to actual costs.

Do you handle 1099s for subcontractors?

We help collect W-9s during the year, track payments to subs and prepare 1099-NEC filings, so January isn't a scramble.

Do you work with JobTread or other construction software?

We work with QuickBooks Online and can coordinate with construction management tools like JobTread so your job data and your books agree.

NEXT STEP

Want to know which jobs actually make money?

Tell us where things stand and what you want fixed. We'll start with a short fit conversation, then a review of your books before anyone quotes a price.

Request a Business Financial Review