Close the Books Faster: Truss Payments for Quick Month-End in Construction

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Month-End Close Doesn’t Have to Be Painful

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Month-end close is one of the most painful times for contractors. Job costs are messy, vendor invoices and crew expenses arrive late, and reconciling merchant payments can take days — all of which slows reporting and obscures true job profitability. Truss Payments solves these pain points with an integrated suite purpose-built for construction: free checking accounts, instantly-settled merchant services, Crew Truss VISA cards with automatic receipt capture, and streamlined bill pay. Together, these tools reduce float, improve the accuracy of job-level transactions, and turn a multi-day close into hours.

How Fast Close Workflows with Truss Start On-Site

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A typical fast close workflow with Truss starts on-site: customer payments processed through Truss merchant services settle instantly into a Truss checking account. Crew expenses are paid with Crew Truss VISA cards that automatically attach receipts and job tags to each transaction, eliminating shoebox receipts and ambiguous line items. Truss Bill Pay lets you schedule vendor payments and attach supporting documents (e.g., invoices, lien waivers) so payables are handled on time and with clear audit trails. Once transactions are settled and tagged, reconciled items can be pushed directly into accounting systems like QuickBooks or construction platforms like JobTread for accurate job costing.

Key Features That Speed Up Month-End Close

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Key product features that speed month-end include instant settlement — removing the uncertainty of unposted deposits and shortening reconciliation time — bill pay scheduling and batch payments to avoid last-minute vendor rushes, spend controls and card policies that reduce questionable expenses and simplify auditing, and integration-driven reconciliation that maps transactions to job-level codes automatically. These features work together to avoid manual journal entries and reduce the hours spent on reconciling credit card processors and bank statements.

Best Practices for a Smooth Rollout

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Real-world best practices for rolling this out include pre-funding Crew Truss VISA cards at the start of the month to eliminate ad-hoc advances, setting job-level default tags and spend categories to enforce consistent job costing, and using Truss Bill Pay to batch progress payments together with attachments for lien waivers and subcontractor documents. The measurable benefits contractors can expect are reduced reconciliation time, fewer manual adjustments, improved job-margin accuracy, and faster production of financial reports for owners or lenders.

Quick Rollout Checklist

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- Enable Truss Checking and Merchant Services.
- Issue Crew Truss VISA cards and set default job tags.
- Pre-fund crew cards and define spend controls/policies.
- Configure Truss Bill Pay schedules and attach standard documents.
- Connect QuickBooks and/or JobTread integrations and map job-level fields.
- Run the first reconciled close cycle and document exceptions.

Start Closing Faster with Truss Payments

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For more information and to start shortening your month-end close, see Truss Payments’ checking, merchant services, crew cards, bill pay, and integrations pages.‍

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Disclaimer: Truss provides tools to help contractors manage and streamline payments. However, Truss is not responsible for financial, legal, or employment decisions made by its users. Always consult with an accountant or legal professional for personalized advice.

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