Financial complexities unique to the commercial construction industry may be holding you back from growth.
There’s an old saying that goes something like this: “Clean your room before you try to change the world.” At New Lyfe Accounting, we believe the same goes for your finances.
Of course, this is a challenge when you’re busy managing projects, employees, and the day-to-day running of your construction business. Unfortunately, it’s often a costly one if accounting is outside your expertise.
At New Lyfe Accounting, we’re more than just your accountant. We’re your strategic partner. Think of our team as your financial support system. Trust that you can lean on us to navigate your biggest financial hurdles. Whether that’s cleaning up messy, inaccurate books, or helping you strategically plan for the future, we’ve got you covered.
Our construction financial services
Construction CFO Services
Strengthen your commercial construction business with a high-level strategic financial partnership and explore our supplementary services.
This May Include:
- GAAP financial statements
- Financial analysis
- Cash flow analysis
- Key performance indicators
- Overhead cost analysis with reduction plan
- Process evaluation improvements
- Managing of outside audit review/audit
- Direction to internal accounting staff
- Serving as acting liaison between outside parties
Outsource your day-to-day accounting functions to your appointed staff accountant.
This May Include:
- Accounts payable
- Accounts receivable
- Monthly journal entries
- Sales/use tax filings
- Bank and credit card reconciliation
- Expense management
- Fixed assets depreciation
We’ll work with your internal team to provide accurate, up-to-date financials per project.
This May Include:
- Inputting the initial project budget in the accounting system
- Preparing reports for billing
- Tracking lien waivers and insurance certificates
- Managing license renewals
- Reviewing project costs
- Working with project managers to accurately prepare WIP reports
Construction Software Solutions
Find software tools for your business.
Need help choosing more efficient software tools for your construction business? Let’s find a solution that saves you time and money for the long term.
We’ll advise you on the best tools for construction accounting, project management, document management, time tracking, payroll solutions, and more.
We’ll even help with training and implementation.
What our clients are saying
After an adventure with our first bookkeeper, we found New Lyfe Accounting. They are professionals who understand my small business. What I like the most about NLA is how they seamlessly integrated into our companies day to day business. They are patient teachers and shrewd advisors and you definitely get what you pay for (in a great way). If you are a business looking for support in your AP, AR, PO, and Taxes, this would be a great place to try out! I would recommend NLA to any small construction company looking to get to the next level! Thank you New Lyfe!!– Andrew M.
Get a financial strategy session (on us).
During your initial strategy session, we’ll talk through the unique needs of your construction business and pinpoint your personal and professional goals. From there, we’ll identify how we as your Construction Financial Management team can best be of service.
Interested in learning more about accounting in the commercial construction industry?
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