Job Costing & Progress Billing
Track costs by project phase, manage WIP schedules, and generate accurate progress billing to ensure profitability on every construction job while maintaining cash flow.
Construction projects demand meticulous financial tracking across multiple job sites, subcontractors, and payment schedules. VJM Global delivers specialized construction accounting solutions that streamline job costing, progress billing, and compliance reporting—giving contractors the financial clarity needed to maximize profitability and make informed decisions on every project.
Comprehensive financial solutions designed specifically for construction businesses, from job costing to compliance reporting.
Track costs by project phase, manage WIP schedules, and generate accurate progress billing to ensure profitability on every construction job while maintaining cash flow.
Handle complex payroll for multiple crews, prevailing wage compliance, certified payroll reporting, union dues, and multi-state tax withholding specific to construction operations.
Manage subcontractor payments, material supplier invoices, lien waiver tracking, retention accounting, and customer billing cycles to optimize construction cash flow.
Navigate construction-specific tax obligations including sales tax on materials, contractor licensing requirements, 1099 reporting for subcontractors, and quarterly tax filings.
Produce construction-formatted financial statements including percentage-of-completion reports, contract revenue recognition, and bonding company submissions.
Prepare for internal audits, external reviews, and bonding company examinations with organized documentation and industry-compliant financial records.
We begin by understanding your construction business model, project types, and accounting requirements. Our team sets up customized job cost codes, establishes chart of accounts aligned with construction standards, and configures your accounting software to track project-level profitability from day one.
Join hundreds of construction companies that have improved profitability and financial clarity with VJM Global's specialized accounting services.
"I hired VJM Associates and now I can completely focus on my business because I know there's someone who is managing my accounts properly. Their team (including Khushboo and Jayant) are super supportive and friendly. I highly recommend VJM Associates. Give them a try! You won't be disappointed"
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"We are Repaibays Experts LLP. We are a new company and have just started our business in the field of AC charger installation. We have retained M/S VJM & Associates LLP; Chartered Accountants as CA for our company. They have a fairly large sized office and team and the whole..."
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"We have been clients of VJM associates for a few years now and have built up a great relationship with them. They are very professional but approachable and always willing to listen and provide valuable advice when needed. Their knowledge of financial and accounting matters is exceptional, and I really..."
"Very professional approach from VJM Team, they got associated with us late in the financial year but were able to conduct an in depth audit and highlight the areas to be addressed within a short span of time. What gives us confidence is that they are available for consultation on..."
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"VJM team is a thoroughly professional chartered accountants equipped with all resources and with deep understanding of GST and other contemporary arenas of corporate consultancy. Have interacted with them for various tax and corporate law related matters and found the interaction quite useful."
"The dedication and commitment of VJM Team is par excellence. The team has handled the entire GST refund claim filing process very professionally within their immense experience and expertise. Coupled with complete attention to detail at every stage and rigorous follow ups, VJM Team has supporrted us through the GST..."
"We give full credit to VJM for streamlining our company's GST compliance. Their dedicated team of learned professionals have a focussed approach & exceptional clarity when it comes to any questions pertaining to GST. I can say, without their support, it would not have been possible for us to sail..."
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"I hired VJM Associates and now I can completely focus on my business because I know there's someone who is managing my accounts properly. Their team (including Khushboo and Jayant) are super supportive and friendly. I highly recommend VJM Associates. Give them a try! You won't be disappointed"
"We are Repaibays Experts LLP. We are a new company and have just started our business in the field of AC charger installation. We have retained M/S VJM & Associates LLP; Chartered Accountants as CA for our company. They have a fairly large sized office and team and the whole..."
"We have been clients of VJM associates for a few years now and have built up a great relationship with them. They are very professional but approachable and always willing to listen and provide valuable advice when needed. Their knowledge of financial and accounting matters is exceptional, and I really..."
"Very professional approach from VJM Team, they got associated with us late in the financial year but were able to conduct an in depth audit and highlight the areas to be addressed within a short span of time. What gives us confidence is that they are available for consultation on..."
"VJM team is a thoroughly professional chartered accountants equipped with all resources and with deep understanding of GST and other contemporary arenas of corporate consultancy. Have interacted with them for various tax and corporate law related matters and found the interaction quite useful."
"The dedication and commitment of VJM Team is par excellence. The team has handled the entire GST refund claim filing process very professionally within their immense experience and expertise. Coupled with complete attention to detail at every stage and rigorous follow ups, VJM Team has supporrted us through the GST..."
"We give full credit to VJM for streamlining our company's GST compliance. Their dedicated team of learned professionals have a focussed approach & exceptional clarity when it comes to any questions pertaining to GST. I can say, without their support, it would not have been possible for us to sail..."
"I hired VJM Associates and now I can completely focus on my business because I know there's someone who is managing my accounts properly. Their team (including Khushboo and Jayant) are super supportive and friendly. I highly recommend VJM Associates. Give them a try! You won't be disappointed"
"We are Repaibays Experts LLP. We are a new company and have just started our business in the field of AC charger installation. We have retained M/S VJM & Associates LLP; Chartered Accountants as CA for our company. They have a fairly large sized office and team and the whole..."
"We have been clients of VJM associates for a few years now and have built up a great relationship with them. They are very professional but approachable and always willing to listen and provide valuable advice when needed. Their knowledge of financial and accounting matters is exceptional, and I really..."
"Very professional approach from VJM Team, they got associated with us late in the financial year but were able to conduct an in depth audit and highlight the areas to be addressed within a short span of time. What gives us confidence is that they are available for consultation on..."
"VJM team is a thoroughly professional chartered accountants equipped with all resources and with deep understanding of GST and other contemporary arenas of corporate consultancy. Have interacted with them for various tax and corporate law related matters and found the interaction quite useful."
"The dedication and commitment of VJM Team is par excellence. The team has handled the entire GST refund claim filing process very professionally within their immense experience and expertise. Coupled with complete attention to detail at every stage and rigorous follow ups, VJM Team has supporrted us through the GST..."
"We give full credit to VJM for streamlining our company's GST compliance. Their dedicated team of learned professionals have a focussed approach & exceptional clarity when it comes to any questions pertaining to GST. I can say, without their support, it would not have been possible for us to sail..."
Specialized expertise and dedicated support for construction businesses of all sizes.
30+ years serving contractors with deep knowledge of job costing, progress billing, WIP schedules, and construction-specific tax compliance requirements.
100+ accounting professionals including CPAs and Chartered Accountants available 24/7 with quick turnaround times for time-sensitive construction accounting needs.
Cost-effective solutions with upfront, transparent pricing that reduces overhead and delivers timely financial reporting without hidden fees or surprises.
95% client retention rate across 15+ industries with 500+ satisfied business owners who trust our secure, confidential data handling and actionable insights.
Dedicated team with deep construction industry knowledge and 30+ years of experience.
VJM & Associates LLP brings three decades of specialized experience in tax, audit, and advisory services tailored to construction businesses. Our firm has evolved from a chartered accountancy practice to a comprehensive business solutions provider, serving construction contractors, developers, and specialty trade businesses across multiple continents. With a team of 100+ accounting professionals including CPAs and Chartered Accountants, we understand the unique financial challenges construction companies face—from managing multiple job sites and subcontractor payments to navigating complex compliance requirements and bonding company submissions. Our commitment to transparency, ethics, and professionalism has earned us a 95% client retention rate and partnerships with over 500 business owners who rely on our expertise to streamline their construction accounting operations and maximize project profitability.
Construction accounting requires specialized knowledge of job costing, where every expense must be tracked by specific project and cost code. Unlike standard bookkeeping, construction accounting involves managing work-in-progress (WIP) schedules, percentage-of-completion revenue recognition, retention accounting, progress billing, certified payroll reporting, prevailing wage compliance, multi-state tax withholding, subcontractor 1099s, lien waiver tracking, and bonding company financial statement formats. These industry-specific requirements demand expertise in construction financial management to ensure accurate project profitability analysis and regulatory compliance.
Speak with our construction accounting specialists for answers tailored to your specific business needs.
Global network of qualified accounting firms
Associated Chambers of Commerce recognition
Proven satisfaction and long-term partnerships
Get a free consultation with our construction accounting experts. We'll analyze your current processes and show you how to improve profitability through better financial management.
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