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TBCAS

01 · Our Services

Construction Sector

For construction firms and contractors

Progress billing, VAT reverse charge, long-term projects — deep sector accounting expertise.

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Overview

Construction requires specialist accounting due to long-term projects, progress payments, VAT reverse charges and subcontractor management. A wrong period cut-off or reverse-charge application results in penalties and serious cash issues.

What We Deliver

Construction Sector — What We Deliver

01

Progress billing

Revenue recognition by percentage of completion.

02

VAT reverse charge

Mandatory reverse charge on construction services.

03

Subcontractor management

Contract and payment coordination.

04

Project-based reporting

Separate profitability analysis per project.

How We Work

How We Work

01

Project Setup

Project-coded chart of accounts.

02

Monthly Tracking

Progress invoices and subcontractor transactions.

03

Project Close

Final cost analysis and profitability.

Frequently Asked Questions

Frequently Asked Questions

Cost-based, output-based or time-based — we pick the most fitting.
In TR, generally 2/10 for construction — varies by work type.

Ready to explore this service?

Construction Sector — Ready to explore this service?

Let's plan a roadmap tailored to your specific situation.