Accounting for Contractors and Tradespeople
N2 Accounting Inc. specializes in accounting for GTA contractors, construction companies, and tradespeople. From job costing and holdback accounting to T5018 reporting and HST on construction services — we know your industry.
Construction and Contractor Accounting in the GTA
Contractors and construction companies face unique accounting challenges — project-based revenue, subcontractor payments, equipment depreciation, holdbacks, and complex HST rules. N2 Accounting Inc. has deep experience with construction accounting and provides GTA contractors with the financial clarity and CRA compliance they need to run profitable projects.
Our Services
Job Costing
Track revenue and expenses by project to understand profitability on every job.
T5018 Subcontractor Reporting
Accurate T5018 slips for all subcontractors paid over $500 in the year.
GST/HST Filing
HST on construction services, new home builds, and renovation projects filed correctly.
Corporate Tax
T2 filing and tax planning for incorporated contractors and construction companies.
Payroll Services
Payroll for employees and CRA remittances — including vacation pay and overtime.
Equipment Financing
Financing for trucks, equipment, and tools to grow your contracting business.
Why GTA Contractors Choose N2 Accounting
- Deep expertise in construction accounting and job costing
- T5018 subcontractor reporting handled accurately and on time
- Understanding of HST rules for new builds, renovations, and commercial construction
- Equipment depreciation and CCA claims maximized
- Holdback accounting and progress billing support
- Equipment and vehicle financing through our business financing division
What Our Clients Say
“N2 handles our job costing, T5018s, and corporate tax. They understand construction accounting in a way our previous accountant never did.”
“They helped us get equipment financing for two new trucks and set up our bookkeeping properly. Our cash flow is much more predictable now.”
Also Serving Nearby Areas
Frequently Asked Questions
Book a Free Consultation
Tell us about your business and we'll get back to you within one business day.
Book My Free Consultation
Tell us about your business and we'll get back to you within one business day — no obligation, no pressure.
What to Expect
- A 30-minute call with an N2 Accounting professional
- Review of your current accounting and tax situation
- Honest recommendations — no hard sell
- A clear quote if you decide to move forward
- Response within one business day
Prefer to call directly?
416-400-7395