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Service Calls And Contracts, Costed Separately
Books that tell the difference between a profitable service board and a profitable construction job.
Two Revenue Streams, One Set Of Books
Most plumbing companies run two businesses at once. Service and repair work is high volume, small ticket, and dispatched. New construction and remodel work is job-based, longer, and often billed in draws. They have different margins and different problems, and blending them hides both.
- Service revenue tracked separately from contract work
- Truck stock and parts inventory accounted for rather than expensed on purchase
- Technician labor costed with the burden included
- Vehicle cost, fuel, and maintenance tracked per truck
- Job costing on construction and remodel work
- Warranty and callback work identified rather than buried
Burdened Labor Is The Number That Matters
A technician's hourly rate is not what they cost. Payroll taxes, workers' compensation at a trade classification rate, benefits, vehicle, fuel, phone, and unbilled drive time all belong in the number used to price work. Pricing on the base wage is how a busy shop stays unprofitable.
Payroll, Comp, And Licensing
Plumbing payroll carries a high workers' compensation classification, which makes the annual audit expensive when payroll is not organized by class code and subcontractor certificates are not on file. Licensing is the other recurring item: work performed in several municipalities usually means licensing in each of them.
Plumbing Businesses In Huntsville, AL
Plumbing is one of the industries named among this firm's core client base, and plumbing companies across Huntsville, AL, Harvest, AL, Athens, AL, and the surrounding North Alabama communities use the practice for books, payroll, and tax together.
Plumbing, Answered
Should truck stock be treated as inventory?
For most shops carrying meaningful parts on trucks, yes. Expensing everything at purchase makes a heavy restocking month look like a bad month and hides what a job actually consumed.
How do I price service calls properly?
From burdened labor cost plus parts plus the overhead the call has to carry, not from what the shop down the road charges. The books are what supply those numbers.
Can you handle both the payroll and the comp audit?
Yes, and it is easier when the same records feed both. Payroll coded by classification through the year is exactly what the auditor asks for.
What Usually Comes With It
Job Costing
Labor, materials, subcontractors, and equipment coded to the job so each project carries its own profit and loss, with estimate-to-actual comparison that makes the next bid better and feeds the comp audit and bonding statements.
Read morePayroll Processing
Weekly, bi-weekly, semi-monthly, and monthly payroll, run through QuickBooks Payroll or Patriot with direct deposit, stubs, deductions, and the journal entries posted into the same period as the books.
Read moreWorkers' Compensation Audit Support
Payroll organized by classification code, overtime adjusted where the rules allow, owner exclusions applied, and subcontractor certificates matched to payments before the auditor arrives, then the resulting worksheet checked before the bill is accepted.
Read moreLet's Look At Your Numbers Together
Twenty to thirty minutes, in person at the Harvest, AL office, by phone, or by video, whichever suits your week.