Bookkeeping for Electricians

As an electrician, your day is packed with managing installations, repairs, and customer needs. While your technical skills are core to your business, managing the financial side is also critical to long-term success. This is where Trades CXO comes in. We handle your bookkeeping needs, so you can focus on what you do best—powering up your electrical business.

Book Free Consultation

How Trades CXO Works with Electricians

We handle the numbers, so you can focus on keeping the lights on—learn how we make bookkeeping simple for electricians.

Easy Start

Getting started with us is easy. We move your books from spreadsheets to a cloud system, making it simpler to track expenses and invoices as your business grows.

We also ensure everything is set up to work seamlessly with your current processes.

Monthly Bookkeeping

We handle your bookkeeping every month, so you don’t have to. Our team tracks income, expenses, and cash flow with precision. This keeps your electrical business running smoothly and ready for growth.

You’ll always know how much you’re making—and where it’s going.

Tax-Ready Financials

Tax season doesn’t have to be a headache. We prepare clean, organized financials that are ready for filing with your CPA.

Our monthly process helps accountants for electricians find every possible deduction electricians can claim.

That means more savings in your pocket and fewer worries during tax time.

Why Electricians Need Bookkeeping Services

We make it so electricians can focus on being electricians. Sure, up until a certain point, it definitely makes sense for you to run your own books. However, when you start missing payments or lose track of expenses, that's where Trades CXO comes in. Let's learn more about why bookkeeping is important for electricians.

Track Income and Expenses

Bookkeeping for electrical contractors and electricians helps keep a clear record of your income and expenses. By categorizing your financial transactions, you can:

Monitor the profitability of your projects.
Identify unnecessary expenses and areas for cost savings.
Ensure that your cash flow remains steady, so you’re never caught off guard by unexpected costs.

DAILY

5pm-8pm

Simplify Tax Preparation

Tax season can be a headache if your financial records are disorganized. Monthly bookkeeping ensures that come tax time:

All income, expenses, and deductions are properly documented.
You’re ready to file taxes on time with a CPA of your choice, avoiding penalties or fines. We suggest you partner with a CPA that specializes in accounting for electricians.
You maximize tax deductions for tools, vehicles, and other business expenses.

Know the health of your business

Bookkeeping provides insights into how your business is performing. Regularly reviewing your financial data allows you to:

Identify which services or projects generate the most revenue.
Set realistic goals based on financial trends.
Make informed decisions about expanding services, hiring staff, or investing in new equipment.
Prepare for seasonal slowdowns or unexpected repairs.
Set aside funds for long-term goals like retirement or expanding your business.

DAILY

5pm-8pm

Trades CXO saves you time and reduces stress

Trades CXO allows you to focus on what you do best: delivering exceptional electrical services. We help you stay organized, so you can have peace of mind knowing your finances are in order. With Trades CXO, you'll always understand the state of your business, so you can plan ahead, make the best possible decisions for you and your business, and achieve your long-term goals. Let's get started!

Trusted by Small Business Owners across the U.S.

Darius, Dallas, TX

It mattered that a small business was helping me grow my small business. Paulina did great work, gave me awesome customer service, and even better results.

Fernando, Long Beach, CA

Thanks Paulina! You gave me back hours of my time. Instead of losing my mind over my books, I spent that time on what matters most: my customers.

Jerry, Orlando, FL.

I wouldn't tell my competitors about Paulina and Trades CXO. As long as you're outside of Orlando, I highly recommend Paulina. She's helped me grow my business three times over from when we started together.

1. Why do I need dedicated bookkeeping?

Let's be honest, to a certain point, keeping bookkeeping in-house makes sense. When it starts to feel unmanageable (e.g., you're falling behind, you're losing track of expenses and payments, etc.), it is beneficial to consider hiring someone like Trades CXO. Small business bookkeeping for trades has unique elements that a general accountant might not be familiar with (e.g., WIP accounting for big jobs, payroll implications if you're moving between cities for jobs, etc.). When it starts to get hard, Trades CXO can help.
2. Can a bookkeeper handle tax preparation?

Trades CXO's bookkeepers will ensure you have everything you need to be prepared for tax season. However, when it comes time to file taxes, we recommend that you engage with a certified tax professional (e.g., CPA). We'll give you everything you need to ensure you and your CPA get the most out of your tax filing.
3. What's the difference between an accountant and a bookkeeper?

There are many differences, but the main one to focus on is that bookkeepers manage day-to-day books, which is important for a tradesperson. It ensures you're staying profitable with every job. Accountants are important for tax filings and audit preparation. Most folks do not leverage CPAs for day-to-day bookkeeping as it is cost prohibitive. The most common model we see with our clients is that Trades CXO provides them day-to-day support via bookkeepers. Then, customers engage with local CPAs during tax filing.
4. How can good bookkeeping benefit my businesses?

Good bookkeeping keeps you from making costly mistakes (e.g., overspending on a project, losing track of a payment) that puts your business at risk. The most common reasons small businesses fail are: 1) not having a growing, consistent customer base and 2) not achieving sustainable profits on their jobs. Trades CXO can help with both!