Creations · South Africa
See the records behind each project.
Project bookkeeping, cost schedules and financial reporting for contractors and construction businesses.
What the work covers
Use this scope to identify what you need. Your proposal will confirm the services, records, reporting frequency and fees for your business.
- Project coding for agreed costs and income
- Supplier and subcontractor reconciliations
- Schedules of invoices, receipts and outstanding amounts
- Retention and work-in-progress records for accounting review
- Project reporting and cash-flow schedules where agreed
What to prepare
Tell us which records are available and where there are gaps. We can then distinguish ongoing work from any initial catch-up.
- Contract and variation records
- Project budgets and cost codes
- Supplier invoices and subcontractor statements
- Progress billing, payment and retention schedules
Timing and responsibility
Timing depends on the records, approvals and work required. Tell us about any deadline at the start. The engagement should identify the person handling your work, the review responsibilities and any external specialist needed.
Track timing as well as margin
A project can show a margin while cash is tied up in unpaid invoices, retention or materials. Keep contract terms, progress records and payment schedules with the accounting file.
Separate approved variations from work that is still being negotiated. The accounting treatment of a contract should be reviewed against its terms and the applicable reporting requirements.
How the work progresses
- 01
Understand the workflow
Review the business records, systems and immediate requirements.
- 02
Define the assignment
Agree the deliverables, people responsible and fees.
- 03
Prepare and resolve
Work through the records and identify outstanding questions.
- 04
Review the outputs
Review the results and agree the next actions.
Questions before you start
Can the engagement cover selected tasks?
Yes. Agree which tasks stay with your team and which work Creations will handle, including document collection, preparation, review and approval.
What should we send with an initial enquiry?
Describe the business, the work required and the deadline. Identify the periods and systems involved. Arrange the appropriate document-sharing channel before providing confidential records.
Related services
Let’s define the next step.
Tell us what you need, what is outstanding and when it matters.