Outsourced Accounting

For Contractors & Builders

Gain clarity over your construction business finances and reduce costly errors with LLŪM’s outsourced accounting services.

Our team handles the financial tasks that keep your construction business running smoothly; from day-to-day bookkeeping and reconciliations to month-end close and financial reporting. With accurate books and reliable financial oversight, you’ll always know where your projects stand financially.

LLŪM provides the accounting structure contractors need to control costs, manage cash flow, and make smarter business decisions. Our team also supports companies across the construction and real estate industry, delivering reliable financial systems designed for long-term stability and growth.

Revenue Managed
$ 0 Million
Years Of Experience
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Clients
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Why Builders Trust LLŪM

Our Outsourced Accounting Services

LLŪM manages the essential accounting functions contractors rely on every day. Our services are designed to keep financial records accurate, organized, and up to date.

Recording & Categorizing Financial Transactions

We record and classify all financial activity within your accounting system, including income, expenses, purchases, and payments. Proper categorization ensures accurate reporting and clearer insight into your company’s financial performance.

Bank & Credit Card Reconciliation

Our team reconciles your bank and credit card statements with your accounting records to confirm accuracy, identify discrepancies, and ensure every transaction is accounted for.

Accounts Payable Management

We track vendor invoices, record outstanding payables, and maintain organized payment schedules so your vendors are paid on time and your financial records remain accurate.

Accounts Receivable Management

We monitor customer invoices, record incoming payments, and track receivable aging to ensure consistent cash flow and fewer overdue accounts.

Invoicing & Bill Payment Support

Our team can assist with generating invoices, recording payments, and maintaining organized billing records to support steady revenue collection.

Payroll Processing Support

We assist with payroll processing, including wage calculations, tax withholdings, and payroll record management to ensure accurate and timely employee payments.

Financial Statement Preparation

LLŪM prepares key financial reports that provide visibility into your company’s financial health, including:

  • Profit and Loss Statements
  • Balance Sheets
  • Cash Flow Statements

These reports provide the insights business owners need to make informed financial decisions.

Month-End Close Procedures

At the end of each reporting period, we review transactions, reconcile accounts, make adjusting entries, and close the books to ensure financial reports are complete and accurate.

Expense Tracking & Receipt Management

We help organize and categorize business expenses while maintaining supporting documentation such as receipts, invoices, and statements for compliance and reference.

Organized Financial Recordkeeping

Our team maintains structured financial records so your business is always prepared for tax filings, audits, or financial reviews.

Industries We Serve

For over 30 years, LLŪM™ has helped construction-driven businesses put the right financial systems in place to stay on track and scale profitably.

General Contractors

WIP reporting, job costing, and oversight to keep every project profitable and organized.

Real Estate Developers

Accurate forecasting, project accounting, and compliance reporting that keep stakeholders aligned.

Other Professional Services

Plumbers, electricians, HVAC, and more; we provide clear reporting and cost tracking so you can focus on the work.

Software We Support

Our Software Expertise

Construction accounting requires specialized systems and workflows. Whether you’re using Sage 300 Construction & Real Estate, QuickBooks for Contractors, or NetSuite, LLŪM’s team can help maintain accurate books and streamline your reporting processes.

Our Approach to Outsourced Construction Accounting

We follow a structured process designed to bring order, accuracy, and visibility to your financial operations.

ANALYZE

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Understand Your Business

We review your accounting system, financial structure, and reporting needs.

Gather Information

Our team examines existing financial records, workflows, and reporting processes.

ORGANIZE

Review Financial Data

We analyze your financial transactions and accounting processes to ensure accuracy.

Establish Accounting Systems

Our team implements structured processes for bookkeeping, reconciliations, and reporting.

MAINTAIN

Engage with the Client

Create financial clarity and peace of mind with customized financial reporting, streamlined processes, and internal controls.

Financial Reporting & Review

Regular reporting and scheduled check-ins help ensure your accounting processes remain efficient and reliable.

Year-End Preparation

We help organize financial records and reports to ensure a smooth year-end process.

Construction Industry Expertise

We tackle software challenges head-on and apply industry knowledge to design tailored project goals and a clear roadmap to success.

Examine Data

Deep Dive into the financial and operational data of our clients for a comprehensive understanding of their accounting needs.

Engage with Client

Create financial clarity and peace of mind with customized financial reporting, streamlined processes and internal controls.

Year End Wrap Up

We pull it all together with annual business tax fillings, audit prep work, year-end financials, and engagement re-evaluation.

Gather Information

Examine specific client challenges to help inform the best approach to serving our future partner.

Propose Solution

Present customized, scalable solution to overcome short and long-term challenges.

Beyond the Numbers

Specific industry KPI’s and Reporting, and 30-day 90-day, semi-annual and annual check-ins with your CRM to ensure we are providing exceptional service.

Why Small and Mid-Sized Contractors Choose LLŪM

We started small almost 30 years ago and know the challenges contractors face; tight margins, cash flow swings, and the constant demand for accurate job costing. With LLŪM, you get the strength of a full construction accounting department without the overhead.

When you partner with LLŪM, you’ll have access to a dedicated team of accounting professionals who can provide a wide range of services, from financial planning and analysis to payroll processing and beyond.

Get Started with LLŪM Construction Accounting Services

Let LLŪM be your accounting team. We’ll handle the bookkeeping, you handle the growth.
Ready to save time and money while having the financials you need? We have a simple and straightforward onboarding process for new clients.

1

Schedule an Initial Consultation

During the initial call, we’ll learn more about your outsourced accounting and software needs and see how our services can help.
2

Review Your Proposal

We customize our outsourced accounting services to your specific needs and provide a written proposal of estimated cost and timeline.
3

Begin Accounting Services

From software implementation to payroll services, or any other outsourced bookkeeping support, our team delivers consistent and high quality services.
4

Gain Financial Clarity

We go above and beyond for our customers to ensure you have clarity and peace of mind about your financials.