Accounting for Home Services Companies
Accounting that shows you where the money actually goes
Most home services owners get books that are months behind and impossible to act on. We deliver accrual-basis financials with department-level visibility — built to the same standard PE buyers use to evaluate acquisitions.
What we see with most contractors’ financials
Cash-basis books that hide true profitability
A $20K install payment hits the bank and revenue looks great — but the equipment was purchased last month and the labor was last week. Cash-basis accounting makes it impossible to know your real margins or benchmark against industry standards.
Field service data disconnected from financials
You have thousands of jobs in ServiceTitan, HouseCall Pro, or Jobber with detailed revenue and cost data — but none of it ties to your QuickBooks. Your accountant reconciles bank feeds. They never touch your operational platform.
No visibility into what’s actually profitable
Install revenue, service revenue, and maintenance revenue are all in one line. COGS doesn’t separate parts from labor from subcontractors. You can’t see gross profit by department — so you have no idea which side of the business is actually making money and which is dragging you down.
Financials that arrive too late to matter
By the time you see last month’s numbers, you’ve already committed this month’s spend. Home services companies need timely financial visibility — especially during shoulder seasons when cash gets tight and decisions compound fast.
Full-service accounting built for contractors, not generic businesses
Accrual-Basis Monthly Financials
See your real profitability every month — not a cash-basis P&L that spikes when payments clear and crashes the next week. We deliver accrual-basis financials closed within 15 business days, with revenue matched to when it was earned. This is the standard PE buyers and lenders expect.
P&Ls by Department So You Know What’s Making Money
Instead of one big P&L for the whole company, you get a separate one for install, service, and maintenance — each broken out down to gross profit. You see exactly what revenue came in, what it cost in labor, parts, and subs, and what’s left over. That’s how you spot margin leaks, diagnose underperforming departments, and figure out exactly where you’re leaving money on the table.
Financials That Tie to Your Operational Platform
End the mystery of why your field service platform and QuickBooks show different numbers. We reconcile revenue, job costing, and tech performance from ServiceTitan, HouseCall Pro, or Jobber to your QBO general ledger every month — so your financial statements actually reflect what’s happening in the field.
AP/AR Reconciliation & Aging
Stop losing money to missed vendor bills, late payments, and receivables nobody’s chasing. We reconcile AP and AR to your GL monthly, with aging analysis and variance tracking — so your balance sheet tells the real story and cash doesn’t leak through the cracks.
Payroll & Commission Reconciliation
See the true labor cost by department — not just total payroll. We reconcile tech commissions, installer spiffs, performance bonuses, and office salaries to the right departments and cost categories every month. When comp is allocated wrong, your department margins are wrong.
Monthly Financial Package
A financial package you can actually use in your Monday meeting. P&L, balance sheet, cash flow, and management commentary that tells you what changed, why it changed, and what to do about it — not a 30-page PDF nobody reads.
Looking for accounting built specifically for your trade? See our specialized services for HVAC, Plumbing, Electrical, and Roofing companies.
We don’t just do your books — we understand your business
Built exclusively for home services
We only work with HVAC, plumbing, electrical, and roofing companies. We understand your revenue cycles, seasonal cash flow patterns, tech compensation structures, and how maintenance agreements hit the P&L. Your accountant shouldn’t need a tutorial on WIP or deferred revenue from service agreements.
PE-grade financial rigor from day one
Our team has reviewed financials on 200+ home services acquisitions. We know exactly what private equity buyers and lenders scrutinize — and we build your books to that standard whether you plan to sell next year or never. Clean books compound value.
Operational platform expertise
We’re one of the only accounting firms that actually works inside ServiceTitan, HouseCall Pro, and Jobber. We pull reporting, reconcile to QBO, and use your operational data to inform the financials — giving you a single source of truth.
Frequently asked questions
See what institutional-grade financials look like
Book a free 30-minute call. We’ll review your current books and show you exactly what we’d change — no obligation.