Industry
Financial partners for Electrical businesses
Electrical contractors often run a blend of service work and bid projects, with licensing, permitting and bonding costs that must be tracked. Job costing and WIP visibility are what separate profitable growth from busy losses.
What makes Electrical finances different
Bid projects and WIP
Long projects need work-in-progress tracking to know whether a job is over or under billed.
Labor-heavy costing
Labor is the biggest cost. Burdened labor rates make bids and job margins accurate.
Permits and bonding
Permit fees, bonds and license renewals are recurring costs that belong to jobs or overhead consistently.
Supplier accounts
Supply-house charge accounts need regular reconciliation to catch pricing errors and duplicates.
Numbers worth watching
- Job margin vs. estimate
- Over/under billing (WIP)
- Burdened labor rate
- Supplier statement variances
Common software we match on
ServiceTitanJobberQuickBooks OnlineFoundation / construction ERP
FAQ
- Do you match construction-style accounting?
- We ask about project work in intake. Providers who handle WIP and job costing rank higher for those requests.
Tell us what your books need.
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