Industry-specific bookkeeping
Two Industries. Two Very Different Sets of Books.
Construction companies and real estate investors may both deal with properties and projects, but their accounting needs are very different. We know the difference.
For Real Estate Investors
Whether you own rentals, flip properties or operate through multiple entities, your bookkeeping needs to reflect what's actually happening across your portfolio. Auxilee understands:
- —Rental properties and property-level accounting
- —Fix-and-flip projects
- —Multiple LLCs and entities
- —Property acquisitions and sales
- —Closing statements
- —Mortgages, hard-money loans and other financing
- —Rehab and project costs
- —Holding costs
- —Repairs vs. capital improvements
- —Owner contributions and distributions
- —Transfers and transactions between entities
Your books should make it easy to see what's happening with each property and entity — without untangling everything at tax time.
For Construction Companies
Construction bookkeeping needs to follow the work. Auxilee understands:
- —Job and project costing
- —Cost codes
- —Labor allocation by job
- —Materials and subcontractor costs
- —Change orders
- —Progress billing
- —Retainage
- —Work in progress (WIP)
- —Payroll
- —1099 subcontractors
- —Estimated vs. actual project costs
When the books are structured correctly, you have cleaner records for tax time and better information about what happened financially on each job.
Don't find out months or years later that your books weren't done right. Work with a team that understands your industry from the start.
Why Auxilee
Why Choose Auxilee for Bookkeeping & Payroll?
Your Books Are Too Important to Hand to Someone Who Doesn't Understand Your Business.
We Specialize in Construction and Real Estate
These aren't two industries buried in a long list of businesses we serve. They're what we know. Your bookkeeping team understands the transactions, terminology and accounting complexities that come with construction projects, real estate investments, multiple entities and growing portfolios.
We Know How to Clean Up a Mess
If you've already had a bad bookkeeping experience, you're not alone. Auxilee regularly works with businesses whose books need to be caught up, corrected or reorganized before accurate monthly bookkeeping can begin. We can help get things back on track — and keep them there.
Your Bookkeeping Can Grow With You
Maybe today you simply need clean monthly books and payroll. As your business becomes more complex, Auxilee can add management reporting, tax support and other specialized services without forcing you to piece together a completely new back-office team. For construction companies, that can extend beyond the financial side of the business to estimating and project coordination support as well.
One Partner. More of Your Business Covered. Start with what you need. Add support as you grow.
