Bookkeeping for Electricians – Spark up Your Accounts

Are you missing out on income by trying to do all your own bookkeeping after you’ve spent the day with your customers’ electrical problems? Invoicing and administration can easily get away from a business owner trying to do it all themselves.

The necessary business compliance demands, along with the day-to-day bookkeeping for electricians, can chew up your time. Team up with On The Money Bookkeeping, and we’ll save you time and give you back some energy for your electrical business.

Power up your financial reporting

• Are you falling behind in your activity statements and other government compliance requirements?
• Do you want to understand your cash flow and job costs?
• Do you need someone to discuss financial decisions with and bounce business ideas off?
• Do you want someone to talk you through your monthly reports and how your business performs so you can confidently understand your financial position?
• Do you need a bookkeeper in Melbourne who can give you the right advice every time?

You will have a dedicated account manager who will work with you to get to know you and your business.

If your business is growing and you are struggling to keep up, then it could be time to engage specialist bookkeeping services for electricians to assist you in getting to the next level of business success. A growing business means growing expenses too, and it’s an important time to upgrade your business systems to cope with the increased load.

Understanding and managing cash flow and budgets are valuable at any stage of business to ensure long-term success and sustainable profitability. You need to keep your equipment in excellent condition; you need to be able to afford the right vehicle for the work you do; you need to have enough cash set cash aside for staff holidays (not to mention your own); as well as enough cash for regular expenses and statutory payments such as BAS and superannuation.

Bookkeeping Services in Melbourne for Electrical Businesses

Whatever size business you have, we can look after your receivables, payables, payroll, job costing, compliance and reporting. Talk to us today for a complimentary chat about what you need to ease the strain of running your own business.

We’ll set up efficient systems for you so that invoicing becomes quicker and easier. With the right technology, managing the workflow from quotes to invoices, including job variations, can become straightforward. We’ll keep your systems updated so the technology works for you.

There are some great Xero add-ons for tradies – Tradify, ServiceM8, simPro, AroFlo, WorkflowMax and more. We’ll help you set up your systems so you can take care of jobs large and small, including labour costs, contractors, materials, billable expenses and jobs that need to be invoiced in stages. You might also be interested in apps to track staff travel and expenses.

If your ute’s glove box is overflowing with receipts gathered on the road, we’ll get you sorted with phone apps that make your expense receipt management way easier. Get rid of all those pesky bits of paper and make sure you capture all your expenses. On The Money Bookkeeping services in Melbourne can simplify your business and accounts management.

Don’t Short-Circuit Your Success

A successful business in any industry relies on close relationships with trusted advisors and experts. Knowing how to run a business successfully requires a whole different skillset from that of an excellent electrician. You’ve already had to learn a huge amount about business to get where you are now. Our expertise is all about the regulations involved in GST law, accounting, compliance and regulatory reporting. Let us manage this for you – you already have to stay up to date with the laws and regulations relevant to your own industry –don’t add to your workload!

We are specialists in our field. You wouldn’t want us to do our own electrical work – let us provide qualified and professional bookkeeping services for your business. Spending money on a certified bookkeeper in Melbourne who specialises in looking after electricians will save you time and money in the long run by allowing you to focus on your customers and projects and staying up to date in your industry.

We want to be your expert collaborator in financial management, looking after compliance and financials and offering business systems advice and strategies to help you meet your business goals. Talk to us today.