This page lists bookkeeping and accounting firms that serve home-service and trades businesses such as HVAC, plumbing, electrical, roofing, landscaping, and general contracting in Norfolk, VA. Each entry summarizes the firm based on its own website, and notes when a firm serves the area remotely rather than from a local office.
Firms listed: 2.
Colonial CPA Group #
Website: https://colonialcpa.com
Phone: 757-890-1234
Colonial CPA Group is a Hampton Roads certified public accounting firm that serves business clients throughout the region, including Norfolk. The firm’s website presents it as a Hampton Roads CPA firm and references the Norfolk and broader Hampton Roads market in its construction accounting material. Its published office locations are in Chesapeake, Yorktown, and Williamsburg, Virginia, rather than in Norfolk itself, so for Norfolk clients the firm serves the city as part of its regional Hampton Roads coverage rather than from a Norfolk office.
According to its website, the firm provides a wide variety of accounting, tax, and financial management services tailored to the needs of business clients. Its accounting offerings include small business accounting, business set up services, QuickBooks support, and audits. The firm describes its business accounting work as identifying solutions for preserving resources, reducing tax burden, and streamlining accounting procedures, and it notes that it helps owners manage day to day operations using accounting software such as QuickBooks, with ongoing support. On the tax side, the firm states that it keeps abreast of tax law changes throughout the year and offers tax planning and tax preparation services. It also provides assurance and financial statement services, which it describes as audits, reviews, and compilations.
Construction accounting is a prominent focus of the firm. The website states that contractors, home builders, and related trades turn to the firm when they want a Virginia CPA firm that concentrates on the construction industry. The firm describes a depth of knowledge in this area and offers specialized bookkeeping and construction accounting services for contractors, including job costing and fixed asset accounting. It pairs these with more traditional bookkeeping services such as sales tax processing, bank reconciliations, and monthly closings, and with tax planning intended to help contractors retain more of their profits. The website states that its construction clients range from residential to commercial to subcontractors and related trades.
The firm lists a detailed set of construction accounting and bookkeeping services. These include small business accounting, operational reviews and assessments, business loan assistance, job estimating and costing, insurance compliance, fixed asset accounting and depreciation, monthly closings, cash balance tracking, bank and credit card reconciliations, general ledger maintenance, tax planning and compliance, sales tax processing, payroll services, and QuickBooks system setup. The website also identifies the trade and construction practice areas the firm has worked with, including residential and commercial construction; plumbing, heating, and air conditioning contractors; electricians; masonry and stonework; plastering, painting, and drywall contractors; carpenters, cabinet makers, and framers; roofing and siding; wrecking, demolition, and excavation contractors; concrete work; and special trade contractors. This focus on home service and contracting trades is a defining feature of the firm’s published material.
Beyond construction, the firm states that it offers individualized services for small businesses in industries such as real estate, legal, and professional services, as well as various other service businesses. It describes working with real estate professionals including developers, investors, homeowners associations, architects, brokers, and agents. It also references work with nonprofit organizations, where it describes bringing clarity to financial statements, and with law firms, noting experience with attorneys practicing in areas such as personal injury, family law, and real estate. The firm adds that although a portion of its clientele falls within these highlighted industries, its work extends to businesses across a range of sectors.
The firm offers practical client tools described on its site, including secure file sharing for sending documents, an online payment option, and a newsletter providing tips, tax due dates, and tax strategies. The firm states that its mission is to provide quality and accurate tax, assurance, and consulting services to its clients, and it invites prospective clients to book a consultation through its contact channels. The telephone number displayed prominently on the firm’s website is 757-890-1234, and the site also lists separate telephone numbers for its Chesapeake, Yorktown, and Williamsburg offices.
FinTruction #
Website: https://fintruction.com
Phone: +1 (778) 561-4401
FinTruction is a construction accounting and bookkeeping firm that serves Norfolk contractors on a remote basis. The firm’s published address is 215 N Moore Rd Apt 3024, Coppell, TX 75019, and its website states that its services are fully remote, allowing it to support contractors anywhere in southeastern Virginia. For this reason, the firm does not maintain a local office in Norfolk. It works with construction businesses across the country and has built a dedicated service offering for the Norfolk and Hampton Roads market, which it serves from a distance rather than from a physical location in the city.
According to its website, FinTruction focuses exclusively on construction accounting and bookkeeping for general contractors, subcontractors, concrete companies, HVAC contractors, roofers, electricians, plumbers, and specialty trades operating across the Hampton Roads region. Its stated services include job costing, work in progress reporting, retainage tracking, naval construction accounting, port infrastructure project tracking, AIA billing support, and monthly financial reporting. The firm describes its contractor bookkeeping work as keeping financial records clean, reconciled, and ready for CPA review, and it lists monthly bank and credit card reconciliations, accounts payable and receivable management, retainage tracking by project and contract, monthly financial statements with job level detail, and cash flow monitoring and forecasting.
The firm presents job costing as a core capability. It states that it builds systems to capture labor, materials, equipment, and subcontractor costs at the project level so contractors know which jobs are profitable. Related work includes cost code setup and standardization, budget versus actual reporting with variance analysis, change order tracking, and labor cost allocation by project and trade. For work in progress reporting, the firm prepares monthly and quarterly WIP schedules, percentage of completion revenue calculations, underbilling and overbilling analysis, bonding company reporting packages, and year end WIP adjustments for tax planning. It also tracks retainage at both the receivable and payable level, monitors release schedules, and analyzes the cash flow impact of retainage positions.
FinTruction describes construction tax planning services that address Virginia state income tax, local BPOL taxes, and federal obligations, including method selection between completed contract and percentage of completion, sales tax management on materials and equipment, Section 179 and bonus depreciation for equipment, and 1099 reporting for subcontractors. The firm also offers controller and CFO level services such as monthly financial review, cash flow forecasting, bonding capacity growth strategy, bank and lender communication support, bid analysis, and equipment purchase and lease analysis.
A significant portion of the firm’s Norfolk material addresses the local construction market and its compliance requirements. The website discusses Naval Station Norfolk, the Port of Virginia and Norfolk International Terminals, Old Dominion University campus expansion, and waterfront redevelopment along the Elizabeth River as drivers of construction demand. It describes support for Davis-Bacon Act and Virginia prevailing wage compliance, including certified payroll reports, and references Virginia DPOR contractor licensing, Norfolk city permits and inspections, federal acquisition regulations, and SWaM and DBE participation reporting. The firm states that it tags subcontractor payments by certification status and prepares compliance reports aligned with project requirements.
The firm emphasizes software integration as part of its service. It states that it connects QuickBooks Online and QuickBooks Desktop with construction platforms such as ServiceTitan, Procore, Buildertrend, Knowify, and Jobber, and that it also works with Foundation, Sage 100, Bill.com, ADP, Gusto, and Ramp. It describes configuring QuickBooks for construction with job costing structures, progress and AIA billing, retainage tracking, and payroll integration that supports certified payroll workflows. The firm also references a 48 hour financial audit that it uses to review a contractor’s books before an engagement, and it states that its services are offered for a flat monthly fee.
The firm states that it is trusted by more than 25 construction businesses and names clients including B&B Concrete, Moonz Contracting, ProperCoat Painting, and Quad-Team Technical Services in published testimonials. Its contact information includes the telephone number +1 (778) 561-4401 and the email address info@fintruction.com, and it offers a free consultation for contractors who want to discuss their needs. Because the firm operates remotely from Texas, Norfolk contractors would work with FinTruction through phone, email, and online systems rather than in person.