11 FAQs - Frequently Asked Questions

PVM Accounting is a one-stop construction specialized accounting firm that handles all your reporting needs in one place.

We have helped hundreds of construction business owners like yourself skyrocket their businesses in the last 17 years.

During our call, we will look at your current situation, answer any questions and work on a personalized plan for your construction business.  

We make it our priority to reach out to clients consistently because we care about the success of your business. Our experienced accountants also provide proactive business advice and planning, allowing you to maximize your profits. 

Additionally, we only work exclusively with construction and trade companies. We have over 17 years’ experience in our specialty.  

Many small and mid-sized businesses fail to adequately measure and manage their finances, even though poor financial management is a major cause of business failure. If you don’t have good financial practices in place, your business could suffer in several ways including:

-Lost revenue

-Insufficient planning

-Missed financial opportunities

Our monthly accounting service will handle your profit and loss statements, monthly balance sheets, and regular account reconciliation to help you regain control of your finances with ease.

Monthly accounting services provide substantially more value than only an annual service. If an accountant only sees your numbers once a year, it is too late to offer advice that would have helped make that year more profitable – and too late to lower your liability for a year that is already over. Monthly accounting pays for itself by:

1. Saving you valuable time

2. Providing you with regular business profitability advice

3. Providing a peace of mind that your finances are handled.

4. Reducing liability

5. Enabling you to make more proactive financial decisions.

Only some business owners see the need, but our clients sure do! 

PVM Accounting provides valuable consulting and business advice throughout the year. Our proactive approach lets you see trends earlier and spot any issues before they become significant problems. Monthly financial statements are a tool to stay on top of your business, which allows you to focus on growing your profits. 

Pricing for our monthly accounting services varies by your company’s needs. It is based on something other than the size of your company, but rather your company’s accounting activity and the complexity of your financial statements.

PVM Accounting will work with you to arrive at an affordable, fixed monthly fee. These fees are all-inclusive; services that include:

-Profit and loss statements

-Balance sheets

-Bank reconciliation

Our monthly accounting process starts with receiving your source documents. Our staff compiles the information and reports back to you with a profit and loss statement, balance sheet, and general ledger. These monthly financial reports are presented in digital or hard copy form and become the foundation for our monthly conversations.  

To efficiently help you with your business goals, we require access to your source documents in electronic or hard copy form. Typical documents include, but are not limited to:

-Bank statements

-Credit card statements

-Sales systems (POS)

-Software (i.e., Quickbooks)

-Inventory

-Accounts payable

-Accounts receivable

Depending on your level of expertise, we will train clients on how to prepare these documents. What we require from you will be customized to your unique business.

Yes. If you use Quick Books, we are also happy to do it in the same system. We recommend having you handle the day-to-day aspects of your business that need immediate attention, such as paying your bills. We can take care of the rest including monthly accounting and bookkeeping