Plumbing is a service industry and, as such, has many components to bookkeeping that are necessary for the successful operation of the business. For plumbing companies, the organization of sales, parts expenses, and labour expenses must be at the forefront of creating a balance sheet that is tailored to the company. As businesses grow, so does the need for accurate recording of employee hours and mileage. One or two plumbers is quite manageable to keep up with, but much more and an owner may get behind rather quickly. Having a bookkeeper ready to support your business means your ledgers will be complete with all financials organized and accounted for. Employee paychecks will accurately reflect hours, tax deductions, and pay. Purchase records are kept up to date and all trade payables and bank loans are managed.

Plumbing is one of the many specialized service industries that are always in high demand, both in the residential and commercial realms. Being that that is the case, plumbers are busy and plumbing companies have to work extra hard to make sure expenses, mileage, and the organization of payments and cash flow are logged and processed properly. The more time is spent on the organization of the business up front, the easier it is to complete the needed documents when it comes time for taxes! With the help of Gulfstream Bookkeeping, plumbing businesses can receive support in any of the following areas:

• Creating and keeping accurate books that reflect up to date expenditures
• Payroll services & payroll data
• Accurate Invoices
• Frequent expense/income reports
• Licensing support
• Equipment and inventory tracking
• Partnership agreement support
• Mobile Notary services