Capital-intensive, strictly regulated, project-based operation.
Construction is capital-intensive and strictly regulated: without financial discipline, neither delivery nor profit can be sustained. With multi-year projects, long subcontractor chains and fluctuating purchase prices, management needs an up-to-date view of every project budget. Here even a minor administrative error can cause serious liquidity problems.
Back to industriesThese are the points we pay particular attention to when keeping the books of clients in this sector.
Correct handling of reverse-charge VAT and partial performance
Project-level cost and margin tracking
Recording subcontractor settlements and retentions
Capitalising and depreciating property and investments
Request a quote and we’ll tailor the accounting to your sector’s specifics.
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