The ledger · Finance

The books, built in.Every job carries a true double-entry ledger.

Auto-posted pay-app revenue, retainage, and owner payments — with P&L, balance sheet, WIP tie-out, and over/under billings on every project. No more month-end re-keying between the field and the accounting system.

Double-entry
Real GL per job
Auto-posted
From field activity
WIP tie-out
Built in
Per-job
P&L + balance sheet
01 · Statements, per job

A P&L and balance sheet under every project.

Every pay app, cost, and payment posts to a real double-entry ledger. The statements are always current — not a month-end reconstruction.

Finance · The Meridian · P&L · sample data
Contract value
$48.4M
+ $2.48M approved COs
Billed to date
$18.4M
38% complete
Gross margin
9.8%
↑ 0.3 pts vs bid
Over/under
+$182K
overbilled · healthy
AccountThis periodJob to date% of contract
4000 · Contract revenue$1,420,000$18,400,00038.0%
5010 · Subcontracts$986,000$12,140,00025.1%
5020 · Materials$214,000$2,980,0006.2%
5030 · Labor$92,000$1,640,0003.4%
Gross profit$128,000$1,640,0009.8%
02 · WIP & reconciliation

WIP tie-out and 3-way match, without the spreadsheet.

Percent-complete, earned revenue, and over/under billings computed from the ledger. Pay apps, POs, and invoices reconcile automatically — exceptions surface, the rest just posts.

WIP · % complete (capped at 100%)

Div 03 Concrete78%
Div 05 Steel54%
Div 23 HVAC31%
Div 26 Elec22%

Pay app reconciliation · #6

CheckResult
Schedule of values total✓ ties
Retainage @ 10%⚠ off $18K
% billed vs % complete⚠ front-loaded
Stored materials docs⚠ missing
Recommendapprove $1.32M
03 · What's built in

An accounting system that speaks construction.

Double-entry GL

A real chart of accounts per job. Every transaction balances.

Auto-posting

Pay-app revenue, retainage, and owner payments post automatically; costs & vendor payments are one-click.

WIP schedule

Percent-complete, earned revenue, over/under billings — always current.

3-way match

PO, receiving, and invoice reconciled. Exceptions flagged for review.

P&L + balance sheet

Per-job and portfolio statements, exportable for your accountant.

Cash forecast

Draws minus billings, projected 60 days out, per project.

Close the month in a day, not a week.

26 AI engines, a finance ledger and a sales pipeline — in one project memory.