Accountants Who "Get" the Building and Construction Industry
For builders, developers, and trades in the construction industry
As a business owner in the building and construction industry, having the right accountant can be the key to maximising profits and achieving long-term growth. At KeyPoint, our construction accounting specialists work as your financial partner to build a strong, profitable future.
Throughout our 50 years of accounting, we have assisted many clients in this industry with proper structuring and tax planning. Setting up sustainable foundations is vital for builders and developers, to ensure that their exposure and risk are minimised.
The construction industry comes with unique financial challenges that require specialised accounting expertise. KeyPoint deeply understands the complexities of managing contractors, subcontractors, project budgets, cash flow, compliance requirements, and more. We provide solid company structuring and financial solutions to meet the distinct needs of builders, tradespeople, and construction firms.
One of the biggest challenges construction businesses face is maintaining healthy cash flow across projects. Our experienced construction accountants can implement cash flow forecasting, progress billing strategies, and other solutions to optimise your cash position and prevent shortfalls.
KeyPoint Accountants will assist you with feasibilities, budgets, and accounting software to monitor and report on the status of your projects. Our team will advise you on government requirements, GST, margin scheme requirements, and tax. We can also help with your annual licensing requirements for holding a QBCC licence.
KP Property & Construction Accounting Services - Tax, Cash Flow, and More!
We offer a comprehensive range of accounting services to support your construction business.
Financial Management and Accounting
Taxation and Compliance
Project Management and Costing
Strategic Advisory and Business Growth
By partnering with specialist accountants who understand construction accounting, you gain access to tailored financial solutions designed to meet your industry’s needs.
KP Property Support and Experience
Grow Your Construction Business With KeyPoint's Accounting Expertise
At KeyPoint Accountants, we specialise in the building and construction industry on the Gold Coast. With over 50 years of experience partnering with construction clients of all sizes, we offer:
- In-depth expertise across residential, commercial, and infrastructure projects
- Tailored accounting solutions that scale as your business grows
- Proactive advice and innovative strategies to drive profitability
- Dedicated construction accountants available for your queries
Our team is passionate about supporting the success of construction businesses in the local region. We invest time in understanding your unique situation and goals to become a trusted financial partner.
Common Construction Accounting Challenges Solved
Managing Contractors and Subcontractors
One of the biggest challenges for construction firms is the complexities of managing a fluctuating workforce of contractors and subcontractors. KeyPoint can guide you on payroll tax, superannuation, and other obligations to remain compliant.
Project Cost Reporting and Job Costing
Accurate job costing is critical for construction projects, yet this process can be time-consuming. Our accounting software solutions streamline cost tracking across multiple sites, allowing you to monitor profitability in real-time.
Cashflow Management and Forecasting
Cash flow is the lifeblood of any construction business. We provide forecasting to predict cash positions and identify pinch points before they impact your operations. This allows you to make informed decisions around financing, material purchases and more.
Tax Compliance
Staying on top of tax obligations like GST, PAYG withholding, and reporting is crucial yet complicated for construction firms. Our tax experts ensure you remain fully compliant while maximising tax savings.
QBCC Licensing and Reporting Requirements
In Queensland, builders must meet annual reporting conditions to maintain their QBCC licence. We assist with preparing the required financial statements and disclosures for your licence renewal.
Construction Accounting Software Tailored for Your Needs
The right accounting software streamlines processes and provides real-time visibility into your financials. KeyPoint recommends and supports industry-leading solutions like Xero, tailored for construction:
- Track costs across multiple projects
- Integrate with job management and payroll
- Automated invoicing and payments
- Comprehensive reporting dashboards
Our team can implement and train you on leveraging Xero to optimise efficiency across your operations.
Get Construction Accounting Advice From Us Today
As a construction business owner, you deserve an accounting partner who understands the complexities you face daily. KeyPoint’s construction accounting team offers the expertise to simplify your finances and support your success.
Whether you’re a small trade, a large construction company, or anywhere in between, we’ve been working with businesses like yours for decades. Aside from our specialist accounting services, we can also assist with financial planning, superannuation advice, and more.
Contact us today to learn how our specialised services can benefit your construction business!
