Electrical contractor bookkeeping
Bookkeeping for electrical contractors
Electrical businesses have materials purchases, permit fees and subcontractor payments to keep organized. We categorize and reconcile those transactions in QuickBooks Online and prepare company-wide monthly reports.
“You're in hot attics and on job sites all day, and by the end of it your head is spinning. There's no time left for the books. Saving you that time means more time to grow your business, or more time with your family.”
Landon Fields, founder of VenduralThe details that matter
What we watch for in electrical contractors books
Keep materials, permits and payments clear in your monthly books.
Materials purchases
Categorize materials purchases consistently between direct costs and overhead in your company-wide books.
Permit fees
Keep permit fees categorized consistently instead of mixing them with unrelated expenses.
Subcontracted work
Record subcontractor payments by vendor and keep payment totals organized for year-end review. Confirm tax and filing requirements with your tax preparer.
Monthly profit
Review company-wide income and expenses in your monthly profit and loss statement.
The monthly service
What's included every month
Standard monthly bookkeeping: categorization, reconciliations and company-wide reporting.
Monthly transaction categorization
Every bank, card and processor transaction coded to a chart of accounts tailored to your business, with consistent treatment month to month.
Reconciliations
Bank, credit card and payment-processor accounts reconciled to statements so your balances are provable, not estimated.
Financial statements
Profit and loss and balance sheet with a plain-English summary, delivered on a fixed monthly schedule.
Reporting & insight
A monthly reporting pack with plain-English commentary on margins, spend trends and anything that looks off.
Year-end handoff
A clean, documented year-end package your tax preparer can work from without a cleanup project first.
Catch-up & cleanup
Behind by a few months or a few years? Catch-up is a one-time fee per month behind: $199 on Starter, $349 on Growth and $599 on Established. Custom is priced on the call.
Pricing
Simple monthly pricing
Starter
$249 per month
Catch-up: $199 per month behind. No hourly billing.
- Up to 150 transactions a month
- Cash-basis books, one business
- Every transaction categorized and every account reconciled
- Books closed every month, within the first ten business days
- A short monthly review list, so you only check the transactions that need you
- Profit and loss and balance sheet with a plain-English summary
- Questions come by text or email, and a few words back is enough
- One setup call, then no meetings to schedule
- No QuickBooks Online yet? We set it up for you at no extra cost
Custom: more than 500 transactions a month, or more than one business? We'll price it on the call.
Get my priceIf your books are behind, catch-up is a one-time fee per month behind: $199 on Starter, $349 on Growth and $599 on Established. Custom is priced on the call. You'll see your estimate in 2 minutes, and we confirm it on a quick 30-minute call before anything is billed.
FAQ
Electrical bookkeeping questions
Answers on bids, materials and subcontracted work.
Ready for clean books?
Get your price in 2 minutes, book a 30-minute call, then finish sign-up online in a few minutes.
Get my price