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    Ready Accounting

    Redmond, WA · King County

    Construction accounting in Redmond, WA

    Construction accounting is its own discipline. Revenue arrives in draws, costs land weeks after the work, and a job that looked profitable at bid can quietly lose money by close-out. We keep costs tied to jobs in real time so you know where you stand before the project ends.

    Why Redmond construction companies work with us

    From downtown Redmond redevelopment to Education Hill remodels and Overlake infill, Redmond builders need accounting that matches fast project turns and multi-city job sites. We run the monthly cycle so you can bid the next job.

    We're a Washington-based accounting team specialized in construction and real estate. That means we already know how King County permitting timelines, WA B&O classifications, and local sales tax rates hit the books of construction companies — no ramp-up period, no explaining your industry to a generalist.

    What goes wrong in construction companies' books

    Job costs land in the wrong month

    Supplier invoices show up 30–60 days late and get coded to whatever job is open. We accrue costs to the job and period they belong to, so your margin isn't a moving target.

    Retainage sits untracked

    Retainage held on your receivables and owed on your subs rarely shows up correctly in QuickBooks. We track both sides so your balance sheet reflects what you're actually owed.

    WA sales tax on prime vs. sub work

    Retail sales tax applies differently to prime contractors, subcontractors, spec builds, and public works. Miscoding is the most common finding in a Washington DOR audit.

    What's included for Redmond construction companies

    Monthly accounting starts at $750/month. Every engagement below is handled remotely by default, with in-person meetings available across the Puget Sound.

    • Job-level P&L with committed costs and change orders
    • WIP schedule with over/under billings
    • Retainage receivable and payable tracking
    • WA combined excise (B&O + retail sales tax) filings
    • Subcontractor W-9 collection and January 1099 filing
    • Monthly close with reconciled bank, card, and loan accounts

    Serving construction companies across Redmond and King County

    We work with construction companies on projects throughout the Redmond area, including:

    • Downtown Redmond
    • Education Hill
    • Overlake
    • Sammamish Valley
    • Willows
    • Grass Lawn
    • Bear Creek
    • Redmond Ridge
    • Trilogy
    • Avondale

    Construction accounting FAQs

    Do you handle percentage-of-completion accounting?

    Yes. We maintain WIP schedules with earned revenue, over/under billings, and cost-to-complete so your financials satisfy bonding agents and lenders.

    Can you work inside our existing software?

    We work in QuickBooks Online alongside Buildertrend, Jobtread, or Jobber. If you're on QuickBooks Desktop, we can migrate you on a fixed fee.

    Do you meet with clients in Redmond?

    Most of our work is remote, but we're based in the Puget Sound and regularly meet Redmond-area clients in person when it helps — onboarding, year-end review, or a lender meeting.

    The full guide to construction accounting

    Job costing, WIP schedules and percentage-of-completion, retainage, labor burden, WA sales tax, and 1099 compliance — how we run construction accounting end to end.

    Read the construction accounting guide

    Need construction accounting in Redmond?

    Book a consultation — we'll review your current books and map out what monthly accounting would cover.

    Get in touch
    Ruvim Glavatskiy, founder of Ready Accounting

    Book a call with Ruvim

    Tell us a little about your business and we'll follow up to schedule a call — usually same day.

    Prefer to reach out directly? We answer most inquiries within a few hours during business days.