Technology and Accounting for Builders and Remodelers

construction bookkeeping potomac md

Ted Bartko, CPA, accurately tracks the job costs of contracts for the company to ensure transparency and profitability. We offer year-round tax planning to minimize taxes for all kinds of construction businesses. To learn more about our services or to schedule a consultation, we invite you to explore our website further.

construction bookkeeping potomac md

Construction Bookkeeping Services in Maryland

  • Experience the convenience and efficiency of our virtual office assistant services and take your construction bookkeeping to the next level.
  • Explore how you can pursue your business goals with professional industry-focused decisions and dependable expertise for your ever-changing needs.
  • Adam graduated from East Carolina University with a Bachelor of Science degree in Construction Management.
  • Our team is always on hand to provide expert advice and support, helping you make informed decisions that foster growth and stability.
  • Your bookkeeper job-costs your transactions into your systems (e.g. Buildertrend, Jobtread, etc.), categorizes your non-job transactions in Quickbooks, reconciles your accounts, and produces your financial statements.
  • He is now transitioning to general contracting work where he will gain experience in all trades.
  • We take pride in offering top-notch construction bookkeeping services for contractors and high-end custom builders.

Our team of skilled professionals possesses extensive knowledge in construction and understands the importance of keeping your financial records in order. With our personalized attention and tailored solutions, you can rest assured that your small business bookkeeeping needs are in capable hands. Ted Bartko, CPA, understands that the construction industry is fast-paced, complex, and ever-changing.

  • Our goal is to provide you with the financial help you need, allowing your business to thrive in the competitive construction industry.
  • Over the years, Andrew has participated in many of Potomac Construction’s premier restaurant projects and is admired by both clients and architects for his ease in working together, especially on complex matters.
  • Having your contract awarded with a bond is a potential game-changer for your company.
  • Claude Levy CPA Firm is a full service accounting firm located in the Greater Washington DC Metropolitan Area.
  • Expect stellar reviews on your financial statements that clearly explain what accounting methods your company needs to follow in order to “fix” your financial statements to qualify for a bond.

Ai assisted receipt capture and bill triage for DIY’ers or accounting teams. Perfect 2-way sync with Quickbooks.

  • Joe has managed construction projects for retail, corporate and government clients, with a specialty in ground-up historic renovation.
  • But with Ted, tracking, reporting, and categorizing costs and other expenses entailed in your construction business will be guaranteed.
  • As a valued client, you get a secure, password-protected portal to store and access your important financial documents from anywhere at any time.
  • While at the Virginia Polytechnic Institute, Joe earned a Bachelor of Architecture degree in Environmental Design and a Bachelor of Science degree in Building Construction.
  • Claire is a Missouri State alumna and most recently began her MBA with a concentration in Data Analytics at Longwood University.
  • Jorge’s first project with Potomac Construction is a historical renovation followed by an interior build.

This is why Ted guarantees a high-quality review of your financials with you monthly, quarterly, or as often as needed. Ted Bartko has the knowledge and the experience to help guide you through the most critical financial and management decisions. With Ted, you can rise above industry challenges and protect valuable assets in making the much-needed business decisions. He spent years proactively working with business owners to ensure business decisions are made with accounting and tax implications in mind. As a leader in construction industry accounting services, Ted Bartko guarantees excellence. He has the knowledge, expertise, and experience to help guide you through the most critical financial decisions.

Welcome to OnBudget

construction bookkeeping potomac md

Accurate financial statements empower the business owner with the information required to make effective business decisions and achieve their growth goals. She worked in finance for several years before moving into positions in real estate, including financing, investing, construction and operations. With that well-rounded background, she joined Potomac Construction Services in 2012. We work with contractors and other new business owners to select the structure that will limit your taxes owed at the end of the year.

Capture by Monthend

Expect stellar reviews on your financial statements that clearly explain what accounting methods your company needs to follow in order to “fix” your financial statements to qualify for a bond. We’ve built a suite of construction specific financial tools that streamline transaction processing, automate revenue recognition and WIP adjustments, and surface cash flow insights. A suite of construction specific financial tools that streamline transaction processing, automate revenue recognition and WIP adjustments, and surface cash flow insights. Our engineers have built incredible technology that works beautifully with our world class team of accountants, and seamlessly flows with The Importance of Construction Bookkeeping For Streamlining Business Operations the construction management and accounting tools you’re already using.

construction bookkeeping potomac md

She earned a Bachelor of Science degree from the University of Maryland and a CPA designation, both in 1988. When it comes to construction accounting, you can trust him to protect you with sound business and financial advice. This includes the nitty-gritty tasks in taxes, bookkeeping, and stacks of paperwork.

If you are looking for a blend of personal service and expertise, you have come to the right place! We offer a broad range of services for business owners, executives and independent https://digitaledge.org/the-role-of-construction-bookkeeping-in-improving-business-efficiency/ professionals. At OnBudget Construction Bookkeeping, we specialize in providing comprehensive financial help for homebuilders and developers in Maryland. As a valued client, you get a secure, password-protected portal to store and access your important financial documents from anywhere at any time.

Potomac Accounting Solutions – Silver Spring Bookkeeping Services

He knows how material costs fluctuate and that this industry is a tight, surety market. He will help you stay at the top of your game and stay ahead of the challenges that affect the construction industry and your business. Ted Bartko, CPA has small, medium, and large-company expertise to determine the proper accounting methods for your business. Generating accurate financial statements provides the information the owner needs to fully understand the financial position of their company.

construction bookkeeping potomac md

That’s why we offer virtual bookkeeping services designed to save you time and money. Our virtual administrative assistants are trained to handle the unique demands of construction bookkeeping, providing you with accurate and efficient support remotely. From managing your financial transactions to reconciling accounts, our virtual bookkeepers ensure that your construction administration runs smoothly.

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