Bookkeeping for Electricians

Between service calls, project estimates, and keeping up with licensing requirements, running an electrical business leaves little time for paperwork. When you're juggling material costs, permit fees, and crew payroll on your own, it's tough to know if that commercial job was actually profitable or if you're leaving money on the table with your residential pricing.

I keep your QuickBooks Online organized so you have real answers: Are your bids covering your true costs? Which types of jobs make you the most money? Can you afford to hire another electrician? By keeping accurate job costs and maintaining clear financial records, most electrical contractors save $5,000 to $15,000 annually in caught errors and missed deductions, while improving profit margins by 5-10% through smarter pricing and planning.