Vennen Company - Construction Accounting - Chicago Illinois, Construction management, Vennen Company - Chicago Illinois, Construction management, Vennen Company - Chicago Illinois, Construction management


Company information

	Key Staff
	Trade Organizations
	Why choose us?

Services
	Project Management
	Construction Consulting
	Critical Path Scheduling
	Construction Accounting
	Estimating
	Training Seminars and workshops

Projects
	Current Projects
	Commercial
	Residential
	Medical
	Educational and ecclesiastical
	Industrial
	Resort and restaurant
	Retail

Vennen Company

3464 Old Mill Road Highland Park, IL 60035 Phone: 847-926-8258 Fax: 847-748-7506 Email: info@vennencompany

Complete project accounting is a standard function for our projects, but we also provide project accounting as a separate service. Our clients do not need to maintain an accounting system, accounting personnel or other resources for projects that we manage. We set up each client as a separate organization in our construction accounting system, and client projects are maintained in separate, secure files.


Each project is set up with an initial budget for all anticipated project costs. Budgets are changed when scope changes are made or change orders are executed, and all job costs and expenses incurred during construction are tracked against the budget. At the end of each month, additional costs to complete each item are calculated, and revised project forecasts are produced. We manage all subcontractor invoices, pay applications, waivers, and associated title company matters as part of our accounting service. Incidental expenses are also managed and paid through a client-funded account

for each project. This eliminates the necessity for client involvement in the accounting process. Full documentation and reporting of all costs, funds transfers, payments, and other accounting matters is maintained and periodic cash reporting to clients and their accounting firms is made automatically.

For larger projects run by a separate L.L.C or joint venture, complete company accounting services are available, including payroll, operating and financial statements, and other company accounting functions. We can also manage the business registration, licensure, and regulatory registrations attendant to the set up of separate business ventures.

Project Management Construction Consulting Critical Path Scheduling Construction Accounting
Estimating Training Seminars and Workshops

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