When you own a construction business, you must prepare reports on everything in and out of business. You expect to make a profit, and this can only be achieved when you track all income and expenses made on a weekly, monthly, semi-annual, or yearly basis. Like any other business, a construction business must also keep accounting records to run the business efficiently and effectively. There is no other option because without proper accounting, you will not be able to keep track of all the company’s functions, and this can be a big responsibility.