Plan. Control. Grow.

At Helm Accounting, we specialize in helping people who make things. If you own a business in building and construction, engineering, or a specialist trade then we want to meet you.

We will help you plan your business and control your money so your business can grow. We want you to succeed.

We are committed to giving our clients the best solutions and advice.  We are great at accounting and tax but that is just the tip of the iceberg. We keep the big picture in mind, looking at where you are now and providing you with the focus and planning to get where you want.

Whether you are just looking for help to survive the tax office requirements or you want to take your business to the next level, we are the people you need to see.

The latest from the Helm Accounting Blog

Accounting normally involves matching revenue from the sale of an object with all the costs of producing and delivering that object within a specific period of time. For industries other than construction, this matching process is relatively straightforward. In the building industry, however, the one distinguishing characteristic that makes accounting different is that the object that is sold does not exist at the time of sale, and the ultimate cost to produce it is not yet known.

Special rules apply to match the builder’s revenue, costs, and profit on contracts to the periods during which they perform their services. There are four different methods to do this: cash, accrual, completed contract, and percentage of completion. Here’s how they work.

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How do carrying costs affect your business? Find out.

Posted by Unleashed Software on Wednesday, April 12, 2017

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