Financial clarity for contractors building across the five boroughs — from Manhattan high-rises to Brooklyn mixed-use developments
FinTruction delivers construction accounting in New York City for high-rise builders, commercial fit-out contractors, infrastructure firms, facade restoration specialists, and subcontractors working across Manhattan, Brooklyn, Queens, the Bronx, and Staten Island. Our construction accounting services include job costing, percentage of completion accounting, prevailing wage payroll tracking, retainage management, AIA progress billing support, and monthly financial reporting built for the complexity of NYC construction.
New York City construction operates under some of the most demanding regulatory, financial, and logistical conditions in the country. Between NYC Department of Buildings compliance, Local Law 97 carbon emission mandates, prevailing wage requirements on public projects, and the sheer volume of concurrent projects, generic bookkeeping simply cannot keep up with what NYC contractors need.
We provide contractor bookkeeping services in New York City designed specifically for construction businesses. Our team maintains clean, reconciled, CPA ready financial records.
We set up and manage job costing systems so contractors in New York City can track every dollar by project. Our team ensures accurate cost allocation, budget monitoring, and margin analysis across all active jobs.
We prepare WIP schedules and manage revenue recognition for construction companies in New York City.
Our NYC construction accounting services support the full range of contractors operating across Manhattan, Brooklyn, Queens, the Bronx, and Staten Island.
Are You a Contractor in New York City?
Let's Build Your Financial ClarityNYC contractors face financial complexity that most accounting firms are not equipped to handle. FinTruction specializes exclusively in construction accounting and understands the unique demands of building in the five boroughs.
Explore our construction accounting services in other New York cities.
FinTruction provides construction accounting services for contractors across multiple states in the United States. If you operate a construction company outside New York City, explore our other service areas below.
FinTruction provides construction accounting in New York City that integrates directly with the systems contractors already use. We connect your construction management software, payroll systems, and accounting platforms to create real time financial visibility and accurate job costing.
FinTruction provides construction accounting in New York City that integrates directly with the systems contractors already use. We connect your construction management software, payroll systems, and accounting platforms to create real time financial visibility and accurate job costing.
Need QuickBooks Setup for Your Construction Business?
We integrate your accounting system with the construction management tools your company already uses. Accurate integrations reduce manual work and improve financial reporting accuracy.
Our construction accounting services in New York City ensure your systems communicate properly so job costs, revenue, and expenses are tracked accurately.
Labor is one of the largest costs for construction companies in New York City. We integrate payroll systems with job costing to ensure accurate labor allocation to each project.
With properly integrated construction accounting systems, contractors in New York City gain:
FinTruction builds accounting systems that support decision making, not just compliance.
Local Law 97 imposes carbon emission limits on buildings over 25,000 square feet. For contractors, this means tracking compliance-related retrofit costs — including HVAC upgrades, building envelope improvements, and energy system installations — as distinct project categories. Accurate job costing ensures these costs are properly allocated and that contractors can demonstrate compliance spending to building owners.
All public works projects in NYC, as well as many privately funded projects receiving city subsidies or tax incentives like 421-a or PILOT agreements, require prevailing wage rates. Contractors must submit certified payroll reports documenting that workers are paid at or above the rates set by the NYC Comptroller's office. Specialized payroll tracking is essential for compliance.
NYC construction involves unique financial structures including retainage holdbacks, progress billing via AIA documents, multi-year percentage of completion revenue recognition, prevailing wage compliance, and DOB permit cost tracking. A general CPA without construction experience will miss critical job-level financial details that directly impact profitability and bonding capacity.
WIP (Work in Progress) reporting compares the estimated percentage of project completion against revenue recognized and costs incurred to date. For NYC contractors managing multiple concurrent projects — often across different boroughs with different regulatory requirements — accurate WIP schedules are critical for identifying underbillings, overbillings, and true project profitability.
Yes. We support contractors working on private commercial and residential projects as well as public projects for agencies like the SCA, DDC, DEP, and MTA. Public project accounting requires additional compliance tracking including prevailing wage, MWBE goals, and certified payroll, all of which we manage as part of our construction accounting services.
Whether you are building high-rises in Manhattan, renovating schools in the Bronx, or managing infrastructure contracts across the five boroughs, FinTruction provides the construction accounting expertise NYC contractors need to stay profitable, compliant, and bonding-ready.
Looking for construction accounting in New York City? Fill out the form below and our team of construction bookkeeping specialists will reach out within 24 hours to discuss how we can support your NYC contracting business.