Industry
Construction & Contracting Accounting UAE
Contracting companies fail on cash, not on profit. Retention and unbilled work-in-progress are where the cash is trapped.
What usually goes wrong
- Progress billing recognised as revenue with no cost matching
- Retention receivable never tracked to release
- Subcontractor liabilities understated
- No idea which projects actually made money
What we do about it
- Revenue recognised on percentage of completion with a documented cost-to-complete
- Work-in-progress and retention schedules maintained per project
- Subcontractor certification and payable ledgers reconciled
- Project-wise profitability against the original budget
- VAT on progress certificates handled at the correct tax point
Metrics we report monthly
Project gross margin, WIP balance, retention receivable, cost-to-complete variance
Free 20-minute review
Send last month's figures and we will tell you what your construction & contracting numbers are hiding.
We reply on WhatsApp, usually within the hour. No obligation, no cost.
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