Accounting for General Contractors & Skilled Trades

Expert Financial Management for WSIB, Holdbacks, and T5018s.

SBA provides specialized accounting for general contractors and skilled tradespeople across Canada. While most generalist accountants treat a construction business like a simple retail store, we understand that your job sites are individual profit centers. Our team specializes in precise Job Costing, accurate Subcontractor Reporting, and proactive compliance. We act as your fractional finance department, ensuring your books are audit-proof and your business is positioned for growth.

Independent Trade

Sole Proprietors (Electrician, HVAC, Plumbing)

✔ Bookkeeping
Tracking tools, materials & job supplies

✔ Revenue Reconciliation
Matching deposits to Invoices/Estimates

✔ T2125 Preparation
Statement of Business Activities

✔ Vehicle & Home Office
Maximize truck/van mileage deductions

from $249 / mo

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Construction Corp

General Contractors & Builders

✔ Full Corporate Bookkeeping
Proper accounting for general contractors includes WSIB & Job Costing support.

✔ T2 Corporate Tax Return
Complete corporate filing included.

✔ T5018 Preparation
Subcontractor reporting (Critical for CRA compliance).

✔ HST & Payroll
Managing remittances & employee pay.

from $299 / mo

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Why Choose Specialized Accounting for General Contractors?

WSIB & Compliance

Construction is highly regulated. We monitor your WSIB clearance status and ensure your premiums are calculated correctly based on your insurable earnings, ensuring you remain compliant and audit-ready.

T5018 Reporting

Do you hire other trades? We manage your obligations under the Contract Payment Reporting System (T5018). We track every subcontractor payment throughout the year so your filing is automatic and accurate.

Job Costing & Holdbacks

We help you track expenses per project and manage construction holdbacks. By allocating costs to specific job sites, we ensure you have clear visibility into which projects are driving your profitability.

Ready to work with an accountant who speaks “Construction”?

Smart Business AccountingContact Information
Canada-wide accounting solutions at your fingertips
Mailing: 6246 Rama Road, Ramara, Ontario, L3V0S3

SBA Better Business Bureau Accredited
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Our Locations

Fully Cloud-Based: Serving Clients Across Canada.

While we operate remotely, our home base is in Ramara, proudly serving
Orillia and Simcoe County.

No commute required. We are ready to help you at the push of a button.

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