Services - On Track Business Management Inc.

Sage 100 Contractor

The Construction Industry’s leading Accounting Software

Sage 100 Contractor manages all phases of construction management in one easy-to-use, integrated solution.

Business visibility

customizable user dashboard and industry-specific reports and queries—all with drill-down capabilities—allow you to easily get the information you need and verify that it’s accurate—every time.

Seamlessly integrated estimating

Not only can you complete bids more quickly and accurately, but from the estimate, you can export budgets, proposals, subcontracts, purchase orders and more, saving you time and eliminating unnecessary data entry and mistakes that can come with it.

Certified Payroll

Raise Your Company to the Next Level

Many construction companies miss out on government or union jobs that require Certified Payroll or Prevailing Wage reporting.

However, when handled correctly, Certified Payroll jobs often mean larger bids with higher profits leading to greater revenue and a prestige that can lift your company to the next level.

On Track’s Certified Payroll Experts understand the challenges of construction payroll for government and union jobs and can help you achieve this next level of success and profitability.

Make certified payroll services part of your plan for financial growth with On Track. Ready for more information? Start a conversation with one of our team members at (530) 478-9234.

Do you need help in the following areas?

Correct handling of Job Costs determines how to build an estimate, how to track expenses during the job, and how to accurately calculate profits upon job completion.

Ensures you won’t run out of money before the job is over. Know where and how the money is flowing in and out of your business. Establish procedures for more accurate cost-to-complete projections.

Gross Profit is Income Less Job Costs (or costs of goods sold). Construction company owners need to know what their gross margin should be in order to cover all overhead expenses.

How should future jobs be estimated to cover expenses as well as produce desired gross profit?

Accurate Income Statement (Profit & Loss) as well as reducing the risk of “profit fade,” or cash flow shortfalls. Inaccuracies are detrimental to your finances and can be a major red flag for sureties and lenders.

Accurately estimating total cost to complete a project is vital to your construction company.

Setup and implementation with necessary reports to the appropriate agencies.

We can do everything you need from our office (no matter where you are). Save time and money with our expert bookkeeping services.

Numbers out of balance? Lacking confidence in your financial and job reports? We will work with you to reconcile your job and financial reports and assist you in keeping your construction accounting in order.

Starting a new business? We can help set up and implement everything you need to get started including a chart of accounts, payroll and payroll calculations, work comp, weekly, monthly, quarterly, and annual procedures, registering your business and getting your new construction accounting software up and running quickly.

We work directly with your project managers to help set up construction accounting systems, enter change orders and subcontracts, and run reports to monitor the progress of your jobs and over/under billings.

Targeted training on the accounting software of your choice increasing your staff’s knowledge and efficiency. Including effective office procedures for efficient paper flow and file organization.

We track costs during the job (ensuring you do not overpay), insurance certificates (ensuring you are in compliance and covered by your General Liability Insurance, Worker’s Compensation, and other Insurances), and producing / organizing all of the necessary paperwork so you get paid on time by your customer.

Construction Bookkeeping and Accounting

Our bookkeeping services are not one size fits all. We take the unique financial and operational needs of each company into consideration.
Construction businesses benefit from many of the same bookkeeping services as other types of business:

Basic financial reports (balance sheets, income statements, cash flow statements and more)
Accounting software setup, training & support
Sales and use/employer withholding tax filing
Payroll and other basic HR functions

The difference is found in the significant amount of complexity added to these services because of the nature of the construction industry.

How to build an estimate, track expenses, and accurately calculate profits:

Evaluate costs against budget from start to finish
Cash Flow Analysis
Accurate and Desirable Gross Profit Margins
Accurate and Profitable Future Estimates

Accurate Income Statement (Profit & Loss)
Reduce Risk of Cash Flow Shortfalls
Eliminate Red Flags for Sureties and Lenders
Reliable Profit

Project Management to take care of all required paperwork smoothly and efficiently from start to finish:

Budgets
Proposals
Contracts
Change Orders
Purchase Orders
Progress Billings
Conditional and Unconditional Lien Waivers and Releases

Sub-Contract Control can be complicated requiring specialized expertise:

Efficient Tracking
Compliance with all Insurances with Precise Documentation
Ensure on Time Customer Payments