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TBCAS — TBCAS Consultancy & Accountancy Services

Our Services

Construction Sector

For construction firms and contractors

Progress billing, VAT reverse charge, long-term projects — deep sector accounting expertise.

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Section 02 Overview

Overview

Construction requires specialist accounting due to long-term projects, progress payments, VAT reverse charges and subcontractor management. A wrong period cut-off or reverse-charge application results in penalties and serious cash issues.

Section 03 What We Deliver

Construction Sector — What We Deliver

№ 01

Progress billing

Revenue recognition by percentage of completion.

№ 02

VAT reverse charge

Mandatory reverse charge on construction services.

№ 03

Subcontractor management

Contract and payment coordination.

№ 04

Project-based reporting

Separate profitability analysis per project.

Section 04 How We Work

How We Work

01

Project Setup

Project-coded chart of accounts.

02

Monthly Tracking

Progress invoices and subcontractor transactions.

03

Project Close

Final cost analysis and profitability.

Section 05 Frequently Asked Questions

Frequently Asked Questions

Cost-based, output-based or time-based — we pick the most fitting.
In TR, generally 2/10 for construction — varies by work type.

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Construction Sector

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