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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
Custom Fit For Your Business
We Utilize Your Software
Dedicated Accounting Team
Construction Software Experts
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.

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.

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.

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.

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?

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

OUr Process

RedHammer Outsourced Accounting

OUr Process

RedHammer Outsourced Accounting

$600M+ in Client Revenue
10,000+ AP Monthly Invoices
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.

Accounts Payable

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

Accounts Receivable

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

Job Cost

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

Payroll

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

Cash Management

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

Fixed Assets

Record Depreciation
Calculate Depreciation Schedule
Update Equipment Maintenance
Provide Asset Updates

General Ledger

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

Tax Compliance

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

Financial Reporting

Generate and Review Monthly/ Quarterly Financial Reports
Generate Monthly/Quarterly WIP
Quarterly Budget Updates

Month-End Process

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

Year-End Process

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

System Support

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

Pricing

RedHammer Outsourced Accounting Packages

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.

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

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

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

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

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

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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