Construction Accounting for Contractors
Accounting for Trades & Construction Businesses Across Canada
Deximal handles the financial complexity of your business so you can focus on the work in front of you.
Are Your Business Finances Built as Solid as What You Build?
Running a contracting or construction business means managing a moving financial picture — jobs starting and finishing, crews to pay, materials to track, and cash flow that doesn’t always line up with when the work actually gets done. If your books are an afterthought between jobs, you’re not alone — but it’s costing you.
Stop stressing out over…
- Not knowing which jobs are actually profitable until it’s too late to do anything about it
- Leaving money on the table from uncollected customer invoices — not knowing who owes you
- Payroll headaches with variable crew sizes, subcontractors, and workers’ comp premiums
- GST confusion on materials, labour, and subcontractor invoices all mixed together
- Mixing business and personal expenses because the line gets blurry fast on a job site
- Year-end scrambles pulling together paper receipts from trucks, job sites, and your email inbox
- No clear picture of where your money actually goes or how much to save for tax time
Construction Accounting Built for Your Business Workflow
Contractors don’t fit neatly into a standard accounting template — and your accountant shouldn’t pretend they do. Deximal provides cloud-based accounting and bookkeeping built around the specific cash flow, job costing, and compliance demands of Canadian trades contractors and construction businesses.
Job Costing & Profitability Tracking
Know exactly what each job costs — labour, materials, subcontractors, equipment — so you can price future work with confidence and stop leaving money on the table.
Holdback & Progress Billing Management
We track your estimates through the invoicing process, including holdbacks, so you always know what's outstanding, what's due, and what's still tied up in the job.
Subcontractor & Payroll Management
From T5018 slips for Subcontractors to payroll for your regular crew, we handle the paperwork and CRA payments so you don't have to.
WCB & Workers' Comp Premiums
We factor WorkSafeBC and provincial workers' compensation premiums into your bookkeeping so your account is always in good standing.
GST / PST on Construction Services
Materials, labour, subs — GST and PST in construction is layered. We manage collection, input tax credits, and remittance so you're always onside with the CRA.
Real-Time Financial Visibility
Access your numbers anytime through QuickBooks Online — see your cash position, outstanding invoices, and job costs without waiting for your accountant to call you back.
Getting Started is Simple
Discovery
We learn how your business runs — job types, crew structure, how you bill, and where your bookkeeping system is currently breaking down.
Setup
We take over or configure your QuickBooks Online with job costing structure, proper accounts for materials and labour, and integrations that match your workflow.
Systems
Clean, consistent monthly processes so your books are current, your subcontractors are tracked, and your cash flow picture is always accurate.
Support
Flat-rate unlimited support every month — whether it's a quick GST question or end-of-year prep, we're here without a timer running.
Who We Work With
Owner-Operators & Sole Proprietors
You're quoting jobs, running crews, and somehow supposed to be doing the books too. We take the financial side completely off your plate.
Trades Contractors
Electricians, plumbers, HVAC, framers — we understand the financial structure of trades work and build your bookkeeping around it.
Small to Mid-Size General Contractors
Multiple jobs running at once, subcontractors to manage, and overhead to track — we keep everything organized so you always know where you stand.
Landscaping & Site Services Businesses
Seasonal revenue, equipment costs, and crew management all add up. We bring clarity to the numbers so you can grow with confidence.
Incorporated Trades & Contractors
Whether you're already incorporated or thinking about it, we handle the accounting and tax structure that works best for your business at its current stage.
Why Contractors Trust Deximal
Construction Accounting Expertise — We understand job costing, holdbacks, progress billing, and the seasonal realities of contracting. We’re not applying a generic bookkeeping template to your business.
Certified QuickBooks ProAdvisors — QuickBooks Online is the industry standard for construction bookkeeping, and we’re certified experts in configuring it for job-based businesses like yours.
20+ Years of Experience — Two decades working with trades, contractors, and construction businesses across Canada. We’ve seen every flavour of construction accounting challenge and know how to solve them.
Cloud-First, Paperless Systems — Snap a photo of a receipt on the job site, upload it, and you’re done. Our paperless systems are built for businesses where the office is often a truck or a trailer.
Flat-Rate Monthly Pricing — Know exactly what your accounting costs every month. No surprise bills, no hourly charges for a quick question.
Canadian Expertise — WCB, GST, CRA compliance, provincial requirements — we understand the full regulatory picture for Canadian contractors.
What Real Clients are Saying
Frequently Asked Questions
About Our Accounting for Contractors
Can you help me track holdbacks?
Yes. Holdbacks are one of the most common cash flow pain points in construction. We track your holdback receivables alongside your regular invoicing so you always know what’s outstanding and when it’s due for release.
How do you handle subcontractor payments and T5018 slips?
We track all subcontractor payments throughout the year and prepare T5018 slips at year-end for any subcontractors paid over $500. This keeps you compliant with CRA requirements without you having to chase down the paperwork in February.
Do you handle payroll for construction crews?
Yes — including variable hours, overtime, and workers’ compensation premiums. We manage payroll processing and remittances so your crew gets paid correctly and on time.
How does GST work for construction businesses?
GST in construction involves several layers — GST on your invoices to clients, input tax credits on materials you purchase, and proper handling of subcontractor invoices. We manage all of it, including your GST remittances to the CRA, so you’re always in good standing.
My business is seasonal — can you handle months where things slow down?
Absolutely. Seasonal cash flow is one of the realities of construction in Canada, and we plan for it. Our flat-rate model means your accounting costs never have a surprise one-off bill and you get our unlimited support for your tax and bookkeeping needs at a flat monthly rate.
Do you work with contractors outside of BC?
Yes — Deximal serves contractors and construction businesses across Canada. Our cloud-based model means we can work with you wherever you’re building.
Complete Accounting Solutions for Your Construction Business
Construction accounting is our specialty, but we support your business across all of its financial needs:
- Cloud Bookkeeping → Monthly bookkeeping using QuickBooks Online to keep your job costs current and your books clean
- Corporate Taxes → Tax preparation for incorporated contractors and construction companies
- Tax Consulting → Strategic tax planning to keep more of what you earn through smart business structuring
- Cloud Accounting Services → Full-service accounting with real-time access to your financial picture, anytime
Ready to Stop Guessing at Your Profits?
You build things that last — your accounting should be just as solid. Deximal gives Canadian contractors and construction businesses a reliable, cloud-based accounting partner who understands the financial realities of the trades.