Elite Plus BookkeepingElite Plus BookkeepingManaging invoices, project costs, and cash flow can take time away from your engineering projects. Elite Plus Bookkeeping helps engineering firms keep finances organised, so you can focus on delivering quality work and growing your business.
Engineering projects involve more than just invoices. They require managing milestone payments, subcontractors, R&D claims, payroll for technical teams, and staying compliant with industry regulations. At Elite Plus Bookkeeping, we build tailored systems to streamline your bookkeeping, providing accurate reporting and financial clarity.
We understand the unique financial needs of engineering firms. Our cloud-based bookkeeping solutions help you track cash flow, monitor project profitability, and ensure compliance with industry standards. Whether you’re a solo consultant or overseeing a large engineering practice, we simplify your financial processes, so you can focus on delivering exceptional projects.
Engineering firms choose us for streamlined bookkeeping, project-based financial insights, accurate cost recovery, and cloud-based systems for growth.
We provide tailored board packs, budgeting, and cash flow forecasts to help engineering firms plan for long-term growth and success.
We simplify engineering finances, managing milestone billing, subcontractor costs, and retention payments throughout project cycles.
We help track project margins, utilisation rates, and cost recovery, ensuring your engineering practice grows without missing hidden profits.
Our paperless invoicing, timesheet integration, and accurate job costing simplify workflow, keeping your team aligned.
At Elite Plus Bookkeeping, we support engineers and engineering firms across Australia and New Zealand with financial solutions that foster growth and streamline operations.
Manage invoices, project costs, and payments, so you can focus on delivering quality engineering solutions without financial distractions.
Handle multi-site project budgets, compliance, and cash flow, enabling growth while maintaining financial clarity and control.
Track client payments, R&D claims, and project milestones, ensuring accurate profitability and reporting throughout the project lifecycle.
Manage project costs, subcontractor payments, and equipment expenses, ensuring proper budgeting and financial oversight for successful design projects.
A mid-sized civil engineering firm was struggling to manage its project profitability. Despite strong technical capabilities, the company found it difficult to track how subcontractor costs, labor hours, and project variations were affecting their profit margins. The lack of accurate reporting on project utilization meant that the firm often relied on estimates, leading to under-recovered costs, delayed invoicing, and difficulty bidding on new projects.
Elite Plus Bookkeeping stepped in to provide part-time financial support, taking on the role of a virtual financial controller for the engineering firm. We implemented a customized job costing system that integrated key project data such as timesheets, purchase orders, and subcontractor invoices. By consolidating this information into an easy-to-use dashboard, we enabled the firm to track costs and profitability more efficiently.
Our solution offered real-time tracking of engineer hours across each project, automated checks to ensure subcontractor expenses were accurately billed, and monthly profitability reports for each project, department, and project manager. Additionally, we introduced forecasting tools that allowed the firm to assess the impact of pricing changes and contract variations, ultimately helping them make more informed decisions for future projects.
Within just three months, the firm saw a 12% increase in cost recovery, significantly improving profitability without taking on additional projects. The firm’s directors now had greater confidence in their financial data, allowing them to submit more competitive bids and safeguard their margins. Cash flow also improved due to quicker and more accurate billing, and the leadership team could now focus on business growth instead of tracking project details.
We partner with engineering firms throughout Australia and New Zealand, supporting specialists in civil, structural, mechanical, electrical, and consulting engineering.
“Elite Plus delivers the financial strategy and reporting engineers need to grow across Australia and New Zealand.”
Regional Engineering Business
“Monthly management reports give our consulting engineers the clarity to plan confidently and win more tenders.”
Design Engineering
“With a virtual CFO, our mechanical engineering business boosted margins without the cost of hiring full time.”
Mechanical & Electrical Engineers
“Our structural engineering practice now has clear financial reporting and better subcontractor cost control.”
Structural Firm
“Elite Plus Accounting helped us track project costs and improve recovery rates across our civil engineering jobs.”
Civil Engineering Firm
Our virtual CFO and bookkeeping services empower engineering firms to efficiently track expenses, enhance cost recovery, and drive growth across Australia and New Zealand.
We work with Xero, QuickBooks, and Fathom dashboards, tailoring reports for project-driven businesses like engineering.
Yes — from faster invoicing to recovery rate checks, we build systems that protect cash flow and reduce project funding gaps
Yes — we work with civil, structural, mechanical, electrical, and consulting engineers across Australia and New Zealand, helping manage project costs, subcontractors, and recovery rates.
We integrate subcontractor invoices and project variations into your accounting system, ensuring nothing is missed and all recoveries are billed correctly.
Yes — we support engineering businesses in metro and regional areas across both countries with remote and cloud-based financial services.
