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Construction Accounting & Prevailing Wage Payroll

Accurate Job Costing & Certified Payroll for Contractors

Audit-ready WIP reporting, subcontractor retainage accounts, and certified prevailing wage payroll compliance (Davis-Bacon Act) designed to reduce project cost variances by 12%+.

What We Do

Our Construction Accounting Services

Reconcile direct job costs, track complex project margins, and automate certified government payroll reporting to maintain absolute compliance.

Job Costing & WIP Reporting

Allocating direct equipment, labor, and materials to specific job codes. Producing audit-ready Work-in-Progress (WIP) percentage-of-completion calculations to track over/under billings.

Job Costing WIP Audits Direct Labor

AP, AR & Retainage Tracking

Preparing progress billings (AIA G702/G703 forms). Managing subcontractor retainage holds (5-10%), collecting lien waivers, and auditing vendor invoice structures.

AIA Billing Retainage Lien Waivers

Certified Prevailing Wage Payroll

Calculating prevailing wage scales (Davis-Bacon Act), preparing certified payroll data reports, and uploading records directly to governmental databases (LCPtracker, eComply).

Prevailing Wage Davis-Bacon LCPtracker
Featured Case Study

Proven Impact in Action

Summit Builders Financial Job Costing Dashboard
Summit Builders Group

WIP Restructuring & Certified Payroll Auditing

Summit Builders faced cost slippages due to misallocated labor hours and was incurring fines for delayed LCPtracker prevailing wage reports. TaskAura restructured their WIP allocations inside Sage 100 Contractor, audited backlogged subcontractor retainages, and took over daily certified payroll submissions.

-12.4%
Project Cost Variance
$142,500+
Retainages Reconciled & Recovered
Read Full Case Study
Why Choose TaskAura Global

Specialized Project Margin Controls

Offshore accounting shouldn't be generic. We provide dedicated construction accounting specialists who understand labor burdens, equipment depreciation, retainage, and certified state payroll structures.

  • Accurate Labor Burdens: Allocating correct overhead rates (union benefits, insurance, workers' comp) to calculate true job yields.
  • Lien Waiver Auditing: Tracking unconditional lien waivers before releasing retainage checks to minimize legal risk.
  • Government Portal Uploads: Complete handling of submissions to eComply, DIR, and LCPtracker portals.

Supported Construction Tech Stack

Sage 100
Sage 300
QuickBooks Ent
Foundation
Procore
CoConstruct
LCPtracker
eComply
Xero