Construction Sector

The construction Industry is the branch of manufacturing and trade based on building, maintaining, and repairing structures. This involves drilling and solid mineral exploration. A construction project is a growth project whose growth is measured by the performance and completion time of the project.

To be successful in this industry, organizations strive to ensure security, speed of implementation, and attention to detail and keep projects successful. With different heights and falls involved in structural design, the most important thing is to carry out the work according to specifications and timing. However, in this process, accounting withdraws its presence.

Various issues make construction accounting challenging and these constraints damage the project.

Problems in Construction Accounting:-

• Design decision - Last-minute changes due to availability, construction conditions, work space, weather, and environment.
• Lack of communication- If all work is stored in the central database, it is difficult to share a clear description of the task.
• Charges of overhead - Construction workers have different charges such as workers, materials, rent, company space, and equipment.
• Payments and checks- Tracking cash and raw materials can be very difficult and time-consuming. There is also a large scale of human error and lost data in the craft.
• Lack of Confidence- Not all project agents and project managers rely on their financial software to make calculated construction project decisions.

Our Assistance: -

We help Lekhakar customers by improving the availability of each policy: Estimates, Production, Data, and Analysis. We provide business-oriented consulting services to increase revenue, improve competitiveness, and reduce operating costs.

Our services includes:-

• Guaranteed services.
• Bookkeeping and Accounting services.
• Case review.
• PPP loan exemption.
• Federal,  municipal taxes, and state  preparation.
• Cost of job work and finances.
• Retirement plans.
• Taxes and gifts planning.
• Follow Technology and Fundraising.
• Sales and tax assessments.
• Financial Services.