Mystic Accounting

Construction & Contracting

Specialized accounting solutions for general contractors, subcontractors, and construction firms.

Construction Accounting

Built for builders.

Construction accounting is fundamentally different from standard business accounting. Between job costing, progress billing, retainage, change orders, and multi-project management, the financial complexity of a construction business demands specialized expertise. Mystic Accounting has years of experience working with general contractors, specialty subcontractors, and construction management firms throughout the Florida Panhandle.

We understand the unique cash flow challenges of the construction industry — from managing draw schedules and vendor payments to navigating lien law requirements and bonding capacity. Our team helps you maintain accurate financials, maximize profitability per project, and ensure full compliance with prevailing wage and certified payroll requirements.

Construction site

Our Construction Services

Job Costing & WIP Reporting

Track costs by project with detailed work-in-progress (WIP) reports. Monitor labor, materials, subcontractor costs, and overhead allocation to keep every job on budget.

Progress Billing & AIA Forms

We prepare AIA G702/G703 billing applications, manage retainage schedules, and track draw requests to ensure you get paid timely for completed work.

Certified Payroll & Prevailing Wage

Stay compliant on government and public works projects with accurate certified payroll reports, Davis-Bacon wage rate tracking, and DOL submission preparation.

Bonding & Financial Statements

Maintain the financial health necessary to secure and increase your bonding capacity. We prepare the contractor-specific financial statements required by surety companies.

Complete Construction Accounting

Change order tracking and financial impact analysis
Subcontractor lien waiver management
Equipment depreciation and lease tracking
Sales and use tax compliance for materials
Multi-project cash flow forecasting
Insurance certificate tracking and audit prep
1099 preparation for subcontractors
Bid estimation support and cost analysis

Build With Confidence

Let us handle your books so you can focus on building. Schedule a free consultation today.

Free Consultation