Construction accounting

Turn Construction Accounting Data Into Better Project Decisions.

Construction accounting is project accounting. Costs are tracked by job and cost code, revenue and cost recognition follow the progress of the work, and reporting has to hold up for lenders, CPAs and owners at the same time.

Bivvit uses the project information your accounting system already produces to review what happened across your completed jobs and help check the next budget.

Free. Send one project to start.

The functions

What construction accounting systems handle

  • Job costs

    Costs captured against a specific project rather than only against the company, so each job can be evaluated on its own.

  • Cost codes

    A structured cost breakdown — hard costs by trade, soft costs by type — applied consistently across jobs.

  • Vendor expenses

    Subcontracts, purchase orders, invoices, retainage and change orders recorded against the job.

  • Budget tracking

    Committed and incurred cost measured against the original and revised budget.

  • WIP

    Work-in-progress schedules showing cost to date, cost to complete, percent complete and over- or under-billing.

  • Financial reporting

    Period statements, job cost reports and the schedules your CPA and lender rely on.

Two sets of questions

Accounting answers one question well. Builders have four more.

Accounting answers

What did we spend?

Bivvit answers
  • Was it good?
  • Why did it happen?
  • How does it compare?
  • What should we change?
Choosing a provider

Looking for construction accounting services in Seattle?

Bivvit does not provide accounting services. An accounting provider maintains your books and handles bookkeeping, payroll, statements and tax work according to their engagement with you. Bivvit reads the project records that work produces and analyzes how your projects performed.

If you are still choosing a provider, these are practical things to ask about.

  • Cost-code consistency

    Will the same cost structure be used on every job, so projects can be compared later?

  • Project-level reporting

    Can you get a job cost report per project, not only company-level statements?

  • Reconciled records

    Are bank, loan and vendor accounts reconciled on a regular schedule?

  • Budget comparisons

    Will actual cost be reported against the budget you started with, by category?

  • Closeout readiness

    At completion, can they produce a final job cost report and tie it to the closing statement?

  • Coordination with your tax professional

    Will they work with whoever prepares your returns, so the year-end record matches the project record?

Once those records exist, Bivvit's part is the analysis: what each completed project cost, how it compares with your other jobs, and which assumptions in the next budget deserve another look. Bookkeeping, reconciliation and tax filings stay with your accountant.

Accounting system vs Bivvit

Complementary, not competing

Accounting system
Bivvit
  • Records transactions
    Interprets project performance
  • Tracks job costs
    Compares job costs across projects
  • Organizes cost codes
    Finds cost trends by category
  • Produces financial reports
    Explains what the project did
  • Reports actual spending
    Explains variance
  • Focuses on individual transactions and projects
    Compares your completed projects
  • Records history
    Helps you use history on the next project

Bivvit complements construction accounting software. It does not replace it.

Project performance

One project measured across cost, timing, financing, sales and profit, with variance explained by category.

Portfolio analytics

The same measurements applied to every completed project, so patterns become visible instead of anecdotal.

Your project history

Comparison against your own completed projects — the reference that actually reflects how you build.

Related Guides

Put It Against Your Own Projects.

Send us the records from a completed project. Bivvit organizes the numbers, shows what happened, and helps you understand what to carry into the next one.

Free Project Snapshot. Every completed project makes your Project Pulse more useful.