Construction and trades
Construction and trades accountant in Calgary
Accounting for Calgary builders, trades and subcontractors. Holdbacks, T5018 slips, WCB and GST handled together. Bookkeeping from $500/mo.
Monthly bookkeeping from $500/mo+. T5018 slips from $150/slip+. Corporate year-end and T2 from $2,500+. See starting fees. Amounts are starting prices plus 5% GST.
Calgary office · eligible remote work across Canada
Holdbacks, prompt payment and the slips that follow
Construction accounting goes wrong in places other industries never encounter. Alberta moved to the Prompt Payment and Construction Lien Act in August 2022, which sets a 28 day window for an owner to pay a proper invoice and 7 days for a contractor to pay subcontractors after being paid. Statutory holdbacks still apply on top. Revenue recognised, cash received and amounts still held back can be three very different numbers in the same month.
If those are not tracked separately the books show a profit that has not arrived, or a loss that is only a timing difference. HBT keeps holdbacks, progress billings and retainage visible rather than buried, prepares the T5018 slips for payments to subcontractors, and coordinates GST and WCB reporting alongside the year end so the whole picture reconciles.
Before you call
What happens on the first call
The first conversation is free and takes about 10 to 15 minutes. A team member in Calgary answers, asks what is urgent, and explains the useful next step. There is no obligation to start an engagement.
- Step 1
Tell us the pressure point
A CRA letter, a filing deadline, messy books, payroll, or a decision you need to understand.
- Step 2
We ask a few practical questions
Entity type, province, records, software, and the date that matters. You do not need a perfect file first.
- Step 3
You leave with a next step
We explain the work, the information required, timing, and price before anything begins.
Ready now? Call +1 (587) 894-7451 or .
Fees
How we price the work
The first conversation is free. Starting fees are published on the fees page. Those amounts are starting prices and subject to 5% GST. Final fees depend on complexity, volume, record quality and scope. Fixed fees are provided where the engagement scope can be determined in advance. You will know the price before paid work starts.
Client feedback
What Calgary clients say
Husain Haroun, CPA, FCCA
Meet the founder who reviews the work“Working with HBT Accounting and the team was extremely efficient, thorough and professional.”
“HBT Accounting has a great team, as they have done all my annual taxes in professional way.”
“The team was helpful, easy to communicate with, and made everything stress free.”
Cannot call right now?
Request a call back in three quick steps
Tell us what you need help with and when suits you. We prepare the message and open your own email app so you can send it. Nothing is submitted to our servers.
Or email us directly: hbt@hbtaccounting.com
Service scope
What a construction engagement usually covers
The exact responsibilities, timing, and records depend on the agreed engagement. These are the areas we can discuss when shaping a scope that fits your business.
Holdbacks kept visible
Amounts billed, received and held back tracked separately so the books reflect the real cash position.
Subcontractor reporting
Subcontractor payments recorded through the year and T5018 slips prepared at the reporting deadline, from $150 per slip.
Payroll, WCB and GST together
Site payroll, remittances and GST coordinated rather than handled as three separate problems.
How the work begins
A clear process before the accounting starts
- Step 1
Map how you bill
Progress billing, holdback terms, how many subcontractors, and which accounts are already behind.
- Step 2
Scope and fee agreed
Including slip volumes and any catch up, priced and confirmed before paid work begins.
- Step 3
Tracked through the season
Monthly books, GST on schedule, slips prepared on time, year end without a reconstruction.
Common question
Do you prepare T5018 slips for subcontractor payments?
Yes. T5018 preparation starts at $150 per slip. Construction businesses that pay subcontractors generally have to report those payments to the CRA on the T5018 information return. We prepare the slips as part of the year end work and keep the underlying subcontractor records through the year so the filing is not assembled from scratch.
Helpful guides
Read the details before your next conversation
Start with one clear question
Tell us what you need help understanding
Call or text HBT Accounting in Calgary, Alberta at +1 (587) 894-7451. We will ask a few practical questions and explain the most useful next step.
Mon–Fri 9am–6pm MT · Sat 9am–4pm MT. We reply to call requests and emails during business hours, usually the same day. If we are closed, send a call request and we will reply when the office opens.