Real Estate & Construction
A. Core Services
- Project-based cost accounting
- Retention and advance accounting
- Bank reconciliation of escrow accounts
- Compliance with RERA and local laws
B. Unique Challenges
- Long project cycles
- Multiple contractors and subcontractors
- Cost tracking and revenue recognition
- Lease and rent accounting
C. Strategic Support
- Budget vs. actual cost dashboards
- Automated billing and milestone tracking
- Joint venture audits
D. Reporting Focus
- Project profitability analysis
- Cash flow projections by project
- RERA and VAT compliance reports