Bookkeeping

Bookkeeping for Contractors - Job Costing & Accrual Accounting That Works For You

Transform your cash-basis chaos into crystal-clear accrual accounting that shows exactly which jobs make money—so you can stop guessing and start growing.
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Why leaders choose Latch for contractor bookkeeping

Latch provides strategic bookkeeping built specifically for home service contractors doing $1M-$20M. Unlike basic bookkeepers who just reconcile bank accounts, we deliver real financial intelligence through job costing, WIP tracking, and accrual-based accounting that banks and sureties actually trust.

Job-Level Profitability

Know exactly which jobs make money before it's too late. Our accrual system matches costs to revenue in real-time, not when checks clear.

Built for The Trades

We strictly serve the trades. Our team specializes in WIP, retainage, and progress billing, ensuring your P&L actually reflects the reality of your complex projects.

Forward-Looking Insights

Get cashflow forecasts and in-depth monthly financial breakdowns. See problems coming, not after they've already cost you time and money.

Bank-Ready Financials

Secure bonding and financing with ease. We generate clean, accrual-based financial statements that give lenders and partners total confidence in your business health.

How our strategic bookkeeping works

Our proven process takes you from financial chaos to complete clarity in 60 days or less.

1

The Deep-Dive Diagnostic - We analyze your current books free of charge to pinpoint exactly where you are leaking cash and identify what needs immediate attention.

Convert to Accrual Accounting - We implement proper job costing protocols, WIP tracking, and robust systems that reveal your true profitability beyond simple cash flow.

2
3

Clean Up the History - We fix months (or years) of cash-basis confusion, untangling the mess to get you audit-proof, exit-ready financials.

Deliver Monthly Intelligence - Receive P&L by job, accurate cash forecasts, and in-depth video explanations so you always understand where your business stands.

4
5

Ongoing Strategic Support - Benefit from weekly dashboard updates, consistent financial reviews, and proactive alerts before minor issues become major problems.

Latch team knows...

Ready to stop flying blind with your finances?

Get strategic bookkeeping built exclusively for contractors. See real job profitability, track crew performance, and make decisions with data instead of guesswork. Start growing with confidence.