Accounting Built for Toronto Contractors & Trades
Construction and trades businesses have some of the most complex accounting needs — job costing, holdbacks, subcontractors, equipment depreciation, and HST on mixed-use projects.
Common Accounting Challenges in Construction
- Job costing — tracking revenue and expenses per project
- Holdbacks (10% statutory holdback under Ontario's Construction Act)
- Subcontractor T4A reporting requirements
- HST on materials, labour, and mixed-use projects
- Equipment purchase, leasing, and CCA depreciation
- WSIB compliance and reporting
How We Help
- Monthly bookkeeping with job cost tracking per project
- Payroll for employees and subcontractor payments
- T4A preparation for all subcontractors
- HST filing — including input tax credits on materials
- Corporate T2 tax return with full CCA optimization
- Financial statements for bonding and lending