Industries / General Construction
Industry
General Construction
Construction has progress billings, retention, and PCAB requirements that trip up generic bookkeeping. We handle percentage-of-completion accounting and BIR compliance built for the site.
The pain points we solve
- Percentage-of-completion revenue and retention receivable
- 2% creditable withholding on contractor payments
- VAT on progress billings and materials, timed right
- PCAB, DOLE, and per-project cost tracking
What working with UPworth looks like
- Discovery (week 1). We map your transactions, BIR registrations, and current pain points.
- Setup (weeks 2–3). Chart of accounts, opening balances, document workflow, and any cleanup needed.
- Steady state. Monthly closing, BIR filings, payroll, and a 30-minute review call each month.
Run a general construction business?
Let's talk about how UPworth fits into your back office.