Electrical Bookkeeping
Most electrical contractors are making decisions on financials that are wrong.
Cash-basis books that mask your real margins. A chart of accounts that lumps everything together. Zero connection between your field service platform and your P&L. Your financials don’t tell you which divisions, crews, or job types actually make money — and that’s costing you real dollars. We fix all of it.
What we see with most electrical contractors’ books
Cash-basis books hiding real profitability
A big panel upgrade payment clears and revenue looks great — but the materials were purchased weeks ago and the labor was last pay period. Cash-basis accounting masks your true margins and makes it impossible to compare yourself to industry benchmarks.
Field service data sitting in a silo
You have thousands of completed jobs in ServiceTitan or your field service platform with revenue, cost, and tech performance data — but none of it ties to your QuickBooks. Your bookkeeper reconciles bank statements. They never touch your operational platform.
No visibility into what’s actually profitable
Service calls, new construction, panel upgrades, and commercial work are all lumped into one revenue 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 making money and which is dragging you down.
Financials delivered too late to act on
By the time you see last month’s numbers, you’ve already made this month’s decisions blind. Electrical contractors juggling residential service, commercial projects, and new construction need timely financial visibility — not a stale report from your tax preparer.
Electrical bookkeeping built for operators, not tax preparers
Accrual-Basis Monthly Financials
See your true profitability every month — not a cash-basis P&L that spikes when a big panel upgrade payment clears 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 expect, and it’s the only way to benchmark your margins accurately.
PE-Standard Chart of Accounts
Know exactly which divisions and service lines make money — and which ones are bleeding margin. We restructure your chart of accounts to separate service vs. new construction vs. panel upgrades vs. commercial revenue, break COGS into parts, labor, subcontractors, and equipment, and deliver department-level P&Ls. This is the same structure used by PE-backed platforms and the standard top industry coaching groups build to.
Field Service Platform ↔ QBO Integration
End the mystery of why your field service platform and QuickBooks show different numbers. We reconcile revenue, job costing, and tech performance data from ServiceTitan or your operational platform to your QBO general ledger every month — so your financial statements actually reflect what’s happening in the field.
Accounts Payable & Receivable
Stop losing money to missed bills, late payments, and aging receivables nobody is chasing. We handle vendor bill entry, payment tracking, aging management, and collections follow-up for commercial accounts — so cash doesn’t leak through the cracks.
Payroll Reconciliation
See the true labor cost by department — not just total payroll. We reconcile commissions, spiffs, tech comp, and office salaries to the right departments every month. When comp is allocated wrong, your department margins are wrong, and you can’t tell which crews are profitable.
Monthly Financial Package
A financial package you can actually use in your Monday meeting. P&L, balance sheet, cash flow, and a management summary that tells you what changed, why it changed, and what to do about it. Not a 30-page PDF nobody reads — a focused brief built for operators.
Bookkeeping is the foundation. When you’re ready for margin analysis by department, cash flow forecasting, comp modeling, and exit planning — see our Electrical Fractional CFO Services →
We don’t just do your books — we understand your business
Built specifically for home services
We work exclusively with electrical, HVAC, plumbing, and roofing companies. We know your revenue cycles, how new construction versus service mix hits margins, and how your tech comp plans flow through the P&L. Your bookkeeper shouldn’t need a tutorial on what a panel upgrade or service agreement looks like.
PE-grade financial rigor
Our team has reviewed financials on 200+ home services acquisitions. We know exactly what private equity buyers look at — and we build your books to that standard from day one, whether you plan to sell or not.
ServiceTitan expertise
We’re one of the only accounting firms that actually works inside ServiceTitan. We pull reporting, reconcile to QBO, and use your operational data to inform the financials — so your books and your dispatch board tell the same story.
Frequently asked questions
See what PE-grade electrical books look like
Book a free 30-minute call. We’ll review your current financials and show you exactly what we’d change — no obligation.
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