Home services
You know the trucks are busy. Do you know which jobs paid?
HVAC, plumbing, electrical, roofing and remodeling companies in the Phoenix metro. Bookkeeping, payroll and business taxes built around crews, job cost and a season that doesn't sit still.
What's different
What's different about home services books.
Revenue arrives as jobs, not as invoices
A month of jobs is a month of separate little businesses. Until material, labor and truck cost land on the right job, the P&L tells you the company made money without telling you which work made it.
Payroll is the biggest number on the page
Technicians, helpers, apprentices, overtime, drive time, spiffs and bonuses. Get the coding wrong and job cost, workers' comp and your gross margin are all wrong at the same time.
Cash swings with the season
July in Phoenix does not look like February. A business that is profitable across the year can still be short in the slow months if nobody is looking ahead.
Money comes in before the work is done
Deposits and progress billing are liabilities until the job is finished. Booked as revenue, they make a strong month look stronger and a slow month look like a crisis.
What we handle
The monthly work, done for a trades business.
- Job costing set up so material, labor and subcontractor cost land on the right job
- Crew payroll each cycle, including overtime, spiffs and bonus runs
- Workers' comp classifications reviewed against how people are actually paid
- Deposits and progress billing carried correctly until the work is earned
- Truck, equipment and loan schedules kept current on the balance sheet
- Sales tax coordination on materials where it applies
- Payroll tax deposits, 1099s and W-2s handled on the calendar
- Seasonal cash forecast so the slow months are planned, not survived
Illustrative scenario
"Busy" and "profitable" are two different reports.
- 1Total revenue is up over last year and the owner feels behind on cash.
- 2Job costing shows install work carrying the company and service calls running near break-even after drive time.
- 3The decision changes from "we need more work" to "we need different work" — and the next truck can wait a quarter.
An illustration of the reporting, not a specific client outcome. Your numbers will tell their own story.
One monthly price, whole finance function.
Plans start at $1,500/month. Start with the free Financial Checkup and we'll tell you where your books stand before you decide anything.
Running an agency instead? See the agencies page.