Accounting Services for Contractors Using FOUNDATION Software — Notion CFO & Advisors
FOUNDATION® Software

Accounting Services for Contractors Using FOUNDATION® Software

Construction accounting expertise that helps you get more from FOUNDATION

FOUNDATION is a powerful construction accounting platform—but software alone does not guarantee accurate job costs, reliable work-in-progress reporting, or better financial decisions.

Notion CFO & Advisors helps construction companies organize, manage, and understand their accounting information within FOUNDATION. We combine construction accounting knowledge with practical financial guidance so contractors can improve reporting, protect cash flow, and see which projects are truly driving profitability.

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Construction company owner reviewing job-cost reports with an outsourced CFO
Who we are

An Accounting Partner Who Understands Construction

Construction accounting is different from accounting for most other businesses. Revenue, labor, materials, subcontractors, retainage, change orders, equipment, and overhead must be tracked correctly across individual projects.

When the accounting setup or monthly processes are inconsistent, even a sophisticated platform such as FOUNDATION can produce reports that are difficult to trust.

Our team helps contractors build financial processes around the way their company actually operates. We focus on making the information in FOUNDATION accurate, timely, and useful for both day-to-day management and long-term planning.

We can help your company improve
  • Job-cost reporting
  • Work-in-progress schedules
  • Percentage-of-completion accounting
  • Payroll and labor-cost allocation
  • Accounts payable and vendor processes
  • Accounts receivable and collections
  • Retainage tracking
  • Change-order accounting
  • Equipment and overhead allocation
  • Month-end closing
  • Financial statement preparation
  • Cash-flow forecasting
  • Budgeting and profitability analysis
  • Tax planning and compliance
What we do

FOUNDATION Accounting Support for Construction Companies

FOUNDATION brings job costing, payroll, invoicing, vendor payments, and financial reporting into one construction-focused accounting system. Our role is to help ensure those functions support accurate accounting and better business decisions.

Job Costing and Project Profitability

A project can appear profitable in the field while producing a very different result in the financial statements.

We help construction companies evaluate how labor, materials, subcontractors, equipment, and overhead are assigned to jobs. We also help management interpret job-cost reports, identify unusual variances, and recognize projects that may be falling behind budget.

Work-in-Progress Reporting

Reliable WIP reporting is essential for understanding project performance and producing meaningful financial statements.

Our team can help prepare and review WIP schedules, evaluate estimated costs to complete, calculate earned revenue, identify overbillings and underbillings, and reconcile project information to the general ledger.

Construction Payroll Accounting

Construction payroll may involve multiple jobs, labor classifications, pay rates, jurisdictions, unions, certified payroll requirements, and prevailing-wage rules.

We help contractors establish accounting processes that accurately allocate payroll costs and related burdens to the appropriate projects and cost codes.

Month-End Close and Financial Reporting

Management should not have to wait months to understand the financial condition of the company.

We can manage or strengthen your monthly close process, reconcile balance-sheet accounts, review job-cost activity, prepare financial statements, and create management reporting that highlights the information your leadership team needs.

Cash-Flow Forecasting

A profitable contractor can still experience cash shortages because of billing schedules, retainage, payroll timing, slow collections, and material purchases.

We develop cash-flow forecasts that help management anticipate upcoming needs, plan major expenditures, and make more informed decisions about hiring, equipment, and project commitments.

Controller and Fractional CFO Services

As your company grows, basic bookkeeping may no longer provide enough financial oversight.

Notion CFO & Advisors can serve as an outsourced controller or fractional CFO, helping your leadership team establish stronger controls, monitor key performance indicators, evaluate project and company profitability, and plan for sustainable growth.

Construction leadership team reviewing project financials
Who we help

Who We Serve

Our FOUNDATION accounting services are designed for established construction businesses, including:

General contractors Specialty contractors Electrical contractors Mechanical and plumbing contractors Concrete and masonry contractors Excavation and site-work contractors Roofing contractors Commercial subcontractors Heavy and civil construction companies Service and maintenance contractors

We work especially well with owners and leadership teams that want more reliable numbers, stronger internal processes, and proactive financial guidance.

Our services

More Than FOUNDATION Bookkeeping

Our goal is not simply to enter transactions into software. We help construction business owners understand what their financial information means and how to use it. Depending on your needs, our support can include:

Outsourced Accounting

Ongoing bookkeeping, reconciliations, accounts payable, accounts receivable, payroll accounting, month-end close, and financial reporting.

Controller Services

Accounting oversight, close management, financial controls, reporting accuracy, staff supervision, and coordination with outside tax or audit professionals.

Fractional CFO Services

Cash-flow planning, budgeting, forecasting, KPI development, margin analysis, strategic decision support, and financial leadership.

Tax Planning and Preparation

Proactive planning and tax compliance coordinated with your company’s financial reporting and long-term goals.

Why Contractors Choose Notion CFO & Advisors

Construction-Focused Financial Insight

We understand that contractors need more than a standard profit-and-loss statement. They need accurate job costs, meaningful WIP reporting, cash-flow visibility, and insight into project margins.

Practical, Decision-Ready Reporting

We organize financial information so owners and managers can use it—not simply file it away.

Scalable Support

Our services can supplement your existing accounting department or function as a fully outsourced finance team.

Proactive Guidance

We look beyond historical transactions to help leadership anticipate risks, evaluate opportunities, and improve future performance.

FAQ

Frequently Asked Questions

What is FOUNDATION Software?
FOUNDATION is construction accounting software designed for contractors. Its capabilities include job costing, payroll, invoicing, vendor payments, and financial reporting.
Does Notion CFO & Advisors provide accounting services for companies using FOUNDATION?
Yes. We provide outsourced accounting, controller, fractional CFO, reporting, and tax services for construction businesses that use industry-specific accounting systems such as FOUNDATION.
Can you help clean up our FOUNDATION accounting records?
Yes. The scope may include reconciling balance-sheet accounts, reviewing job costs, correcting account classifications, evaluating WIP information, and developing a repeatable monthly close process.
Can you replace our internal bookkeeper?
We can function as an outsourced accounting department or work alongside your internal bookkeeper, accounting manager, office manager, or controller. The best structure depends on your company’s size and existing team.
Can you help with construction work-in-progress schedules?
Yes. We can assist with WIP preparation, percentage-of-completion calculations, estimated costs to complete, overbilling and underbilling analysis, and reconciliation to the general ledger.
Do you provide FOUNDATION implementation or technical support?
Our primary focus is accounting, reporting, financial management, and process improvement. We are not the software publisher and do not replace FOUNDATION’s official technical support. When needed, we can help your team define accounting requirements and coordinate financial-process questions with your software consultant or support provider.
Can you help us determine whether our projects are profitable?
Yes. We can help improve job-cost accuracy, analyze actual results against estimates and budgets, review project margins, and develop reporting that shows where profitability is improving or declining.
Get started

Get More Value From Your Construction Accounting System

FOUNDATION should give you greater financial visibility—not more uncertainty.

Notion CFO & Advisors helps contractors turn accounting data into dependable reporting, stronger financial controls, and better business decisions.

Whether you need help cleaning up your accounting, managing the monthly close, preparing WIP reports, forecasting cash flow, or gaining experienced CFO-level guidance, our team is ready to help.

93%

of respondents rated us 9 or 10 on likeliness to recommend to a friend, and 100% rated our timeliness of services and deliverables as very satisfied.

Top 5 Fractional Executive Service Companies, Kansas City Business Journal 2024

Need an accounting firm that understands FOUNDATION?