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Your Construction Accounting Experts

While you focus on designing, developing, renovating, and installing . . .

RedHammer takes care of your Accounting

10 Year Anniversary

Why Companies Choose
RedHammer

Get a Quote Today
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Custom Fit For Your Business
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We Utilize Your Software
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Dedicated Accounting Team
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Construction Software Experts
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We Reduce Errors & Simplify
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Hawaii        |       New YoRK       |       Arizona 

OUr Value

What RedHammer Can Do For You

Construction Accounting Experts

Construction Focused  |  From general contractors and specialty subcontractors, to architects and engineering firms the construction industry is our domain. Our construction accounting experts are here to guide you to financial success.
Banking & Bonding  |  Since we work very closely with banks and bonding companies, we are familiar with their requirements. Our experts can guide you through the line of credit and bonding application requirements and processes.
Outsourced Teams

Dedicated Accounting Team

Personal Touch |  Unlike other outsourced accounting companies, our team spends time with you at your office, ensuring we know your operations, needs and expectations.
Dedicated Team  |  When you partner with RedHammer, you are assigned a dedicated team: A Consultant who works with you and your staff weekly to handle the day-to-day tasks and ensure everything is flowing properly; An Accountant who works hard to make sure you get accurate financial reports; and a Manager to oversee the team and ensure you understand the meaning behind the numbers.
Dedicated Team

Task & Document Management

Workflow |  Our proprietary task and document management solution that schedules all the tasks and collected documents. This ensures all filings are done on time and that nothing falls through the cracks.
Dashboard |  Our integrated dashboard allows us to manage our work on behalf of you to ensure timeliness.
Dedicated Customer Portal |  Each customer is given access to their own secure web portal for visibility and control of their documents and reports.
Team Presentation

Financial Software Experts

Your Software  |  Whether you are on Quickbooks, Sage, Foundation or another financial software platform, we spend the time to optimize your financial software system and clean up your data to meet industry best practices.
No Spreadsheets |  While spreadsheets have their place, they can be problematic. Large efficiencies are gained by reporting directly from your system.. With our HammerPrints Reporting Technology, there is no double entry, while speed and accuracy are improved.
Papers and Calculator

OUr Services

RedHammer Service Offerings

RedHammer is more than an accounting firm.  Our skilled team works by your side to go beyond spreadsheets and simple recommendations so that we can understand your most pressing challenges and needs. RedHammer’s expertise is broad, spanning the finance and accounting sector in both public and private capacities. Our range of services also includes operational advise to improve the efficiency of your organization and its people, processes, and systems.

"Anyone Can Give Advice...

We Get Our Hands Dirty."

Contact Us Now to Get Started!

Does Your Company Face These Challenges?

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Financial Reports Never On Time
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Staff Unable to Perform Responsibilities
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Unable to Make Key Business Decisions
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Financial Information Inaccurate or Incomplete
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Complex Accounting Is Challenging Resources
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Lack of Accounting Automation & Technology
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Stuck in the Day-to-Day Details & Operations
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Unable to get a Line of Credit or Bonding

OUr Process

RedHammer Outsourced Accounting

Revenue

$600M+ in Client Revenue

Invoice

10,000+ AP Monthly Invoices

Reports

500+ Weekly Job Cost Reports

OUR ACCOUNTING Services

RedHammer Outsourced Accounting Services

Whether you are trying to grow your business, augment your team, or simply improve your financial viability, RedHammer has a solution for you. We only provide the services you need, and because of our flexible contracts, you can add or remove services at any time. Our construction accounting experts do a deep dive into your business to best understand your pain points and needs. Our final deliverable is a custom quote fitting your business needs.
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Accounts Payable

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Monthly  AP Aging Review
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Enter  Invoices
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PO  Matching
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Vendor Statement Reconciliation
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Code Invoices
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Subcontractor Compliance
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Enter ACH Payments
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Review AP Approval System
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Accounts Receivable

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Monthly AR Aging Review
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Record Desposits
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Enter Customer Payments
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Create Invoices
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Complete Billing Packet
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Scan Deposit Information
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Take Deposits to Bank
Analytics

Job Cost

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Monthly Job Cost Meetings
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WIP Adjustment Entries
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Job Cost Reports
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Enter Cost Estimates
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Enter Contracts & Change Order Information
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Setup New Jobs
Meeting

Payroll

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Process Payroll
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Process Tax Filings & Deposits
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Union Reports
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Payroll Time Entry
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Third Party Integration
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Benefit Enrollment
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Reconcile Payroll Taxes
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Certified Payroll Reports
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401K Processing
Scale

Cash Management

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Reconcile Bank Accounts
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Reconcile Credit Cards
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Reconcile Loans
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Reconcile Investments
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Cash Forecasting
Calculator

Fixed Assets

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Record Depreciation
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Calculate Depreciation Schedule
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Update Equipment Maintenance
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Provide Asset Updates
Calculator

General Ledger

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Prepaid Entries
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Indirect Cost Allocations
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Intercompany Reconciliations
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Record Inventory
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Coordinate with CPA on Provisions for Income Taxes
Formula

Tax Compliance

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Calculate and process payment for General Excise Tax
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Coordinate with CPA on Estimated Tax determination
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Process Estimated Tax payments electronically
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Calculate and process payment for Sales Tax
Bar Chart

Financial Reporting

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Generate and Review Monthly/ Quarterly Financial Reports
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Generate Monthly/Quarterly WIP
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Quarterly Budget Updates
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Month-End Process

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Close Period
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Reconcile AP to GL
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Reconcile AR to GL
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Reconcile Cash to GL
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Reconcile Payroll to GL
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Reconcile Job Cost to GL
Payment

Year-End Process

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Generate 1099s
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Generate W-2s
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Coordinate with CPA to Complete Review and Tax Filings
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Year-End Close
Internet

System Support

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End-User Training
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End-User Support
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Configuration Updates & Maintenance
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Report Writing & Updates

Pricing

RedHammer Outsourced Accounting Packages

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Starting From
$1,499*
per month + Implementation*
Accounts Payable
Accounts Receivable
Cash Management
Fixed Assets
Payroll
Job Cost
General Ledger
Tax Compliance
Financial Reporting
Month-End Process
Year-End Process
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* Implementation:  All companies must go through an implementation phase so RedHammer can review financial system setups, ensure system data is clean, and establish financial work papers.  A separate implementation fee is charged at the onset of the engagement.
** Pricing:  Monthly rates will be affected by factors such as current staff and capabilities, annual revenue, frequency of financials, concurrent jobs, financial software, the current state of financial software, and selected accounting services.
Quote

I actually understand and use my financials now… [and] the reports are on time, which makes my banker happy. Things are under control!

// Specialty Contractor, $5M in revenues
Quote

We have definitely earned back our fee in implementing their recommendations… and we recommend Redhammer to any construction company who wants to take their business to another level

// Specialty Contractor, $7M in revenues
Quote

RedHammer took the time to understand our business.  They have helped us to see the big picture and keep us on track.

// General Contractor, $3M in revenues
Quote

We have learned a lot about our business and now feel comfortable with our financials.  [RedHammer] brought a high level of professionalism to our business.

// General Contractor, $20M in revenues
Quote

RedHammer is a true business partner for us. They work with us on a one-to-one basis…  I trust these guys completely!

// Specialty Contractor, $12M in revenues
Quote

Going with RedHammer is a no-brainer.  We are getting our financials on time, and we get weekly job cost information.  We never had this before, and we are saving money.

// Specialty Contractor, $1.5M in revenues

You guys are like my best subcontractor--I can focus more on the opportunities now and even have a better idea of how fast we can move and the risks we can take.

// Real Estate Developer $15M in revenues

Contact Us

Get in Touch

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Redhammer Corporate Headquarters
14201 N Hayden Rd Ste A1
Scottsdale, AZ 85260
Phone: (844) RED-HAMR
Regional Offices
Hawaii  |  Arizona  |  New York
Trusted by world’s best brands
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