Plumbing Bookkeeping
Most plumbing owners are making decisions on financials that are wrong.
Cash-basis books that mask your real margins. A chart of accounts that lumps all revenue together. Zero connection between ServiceTitan and your P&L. Your financials don’t tell you which service lines, techs, or job types actually make money — and that’s costing you real dollars. We fix all of it.
What we see with most plumbers’ books
Cash-basis books hiding real profitability
A big repipe 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. Learn more about accounting services designed for home services companies.
ServiceTitan data sitting in a silo
ServiceTitan has all your job data — revenue per call, cost per job, tech close rates — but your bookkeeper never logs in. They reconcile bank feeds and categorize transactions. The operational data that actually drives your business sits untouched in a completely separate system.
No visibility into what’s actually profitable
Service calls, new construction, drain cleaning, 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. Plumbing companies with seasonal swings and fluctuating job mix need timely financial visibility — not a stale report from your tax preparer.
Bookkeeping for plumbers: 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 repipe 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 service lines and departments make money — and which ones are bleeding margin. We restructure your chart of accounts to separate service vs. new construction vs. drain 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.
ServiceTitan ↔ QBO Integration
Your ServiceTitan dashboard says one thing, your P&L says another. We close that gap every month — reconciling revenue, job costs, and tech performance from ServiceTitan into your QBO general ledger so the numbers actually match what your dispatchers and techs see in the field.
Accounts Payable & Receivable
Vendor invoices pile up, commercial receivables age out, and nobody notices until cash gets tight. We manage the full AP/AR cycle — bill entry, payment scheduling, aging reviews, and collections follow-up on commercial accounts — so nothing slips through.
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
Every month you get a financial package built for your operations meeting — P&L, balance sheet, cash flow, plus a management brief that highlights what moved, why, and what needs attention. No 30-page report nobody opens. Just the numbers that matter, explained in plain language.
Bookkeeping is the foundation. When you’re ready for margin analysis by department, cash flow forecasting, comp modeling, and exit planning — see our Plumbing Fractional CFO Services →
We don’t just do your books — we understand plumbing businesses
Built specifically for home services
Our entire practice is plumbing, HVAC, electrical, and roofing companies. We already know how new construction versus service mix affects your margins, why your tech comp structure matters for department-level profitability, and what a drain maintenance contract looks like on a P&L. No learning curve.
PE-grade financial rigor
We’ve been on the buy-side of 200+ home services transactions and know exactly what PE firms flag in diligence. Your books get built to that standard from the start — whether you’re planning an exit or just want financials that hold up to real scrutiny.
ServiceTitan expertise
Most accounting firms have never logged into ServiceTitan. We work inside it every day — pulling reports, reconciling to QBO, and using your dispatch and job costing data to build financials that actually reflect how the business operates.
Frequently asked questions about plumbing bookkeeping
See what PE-grade plumbing 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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