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Contractors & Trade Businesses

Bookkeeping for contractors and trades.

Keep materials, subcontractor payments, equipment, fuel, customer deposits, credit cards, and owner activity organized in QuickBooks Online so the financial reports are easier to understand and the books stay ready for your tax professional.

Contractor Bookkeeping

Clean books for businesses where every month looks different.

Contractor bookkeeping gets complicated quickly when job activity moves through multiple bank accounts, credit cards, suppliers, subcontractors, vehicles, equipment, and customer deposits. A consistent close process helps separate operating activity from guesswork.

Materials and subcontractors

Keep job-related purchases and subcontractor payments categorized consistently so the books reflect where money is being spent.

Equipment, vehicles, and financing

Maintain clearer records for equipment purchases, vehicle costs, loans, credit cards, and other balances that often create year-end questions.

Customer and project activity

Organize deposits, customer payments, and project-related transactions so income and costs are easier to review within the limits of the QuickBooks setup and agreed scope.

What Plutus Handles

A bookkeeping process built around accurate balances first.

Useful contractor reporting starts with reconciled accounts and consistent transaction treatment. Plutus focuses on the underlying bookkeeping records before trying to produce more detailed project information.

Typical ongoing scope

  • Bank and credit-card reconciliations
  • Consistent transaction categorization
  • Materials and subcontractor expense organization
  • Loan, equipment, and other balance-sheet account review
  • Owner contributions, draws, and unusual transactions documented
  • Profit-and-loss and balance-sheet reporting
  • Organized handoff to your independent tax professional
Good Fit

Designed for owner-operated contractors and service trades.

Plutus is best suited for small and growing businesses that need dependable QuickBooks bookkeeping without building an internal accounting department.

HVACPlumbingElectricalRemodelingRoofingLandscapingHome ServicesOther Trades
Contractor Bookkeeping Process

Start with the accounts. Then make the reporting useful.

01

Review the QuickBooks file

We review the accounts, transaction flow, credit cards, loans, customer activity, and areas that are creating confusion or inconsistent reporting.

02

Reconcile and organize

Operating accounts are reconciled, transactions are categorized consistently, and questions are documented rather than resolved through assumptions.

03

Deliver clear reports

You receive financial statements on the agreed schedule with cleaner underlying records and a more organized year-end handoff.

Behind on QuickBooks?

Contractor books can be cleaned up before ongoing service begins.

If prior months are unreconciled, transactions are duplicated or uncategorized, or materials and subcontractor costs have become inconsistent, a focused cleanup can establish a reliable starting point.

Common cleanup triggers

  • Several months have not been reconciled
  • Credit-card or loan balances are incorrect
  • Materials and subcontractor costs are inconsistent
  • Old accounts or duplicate activity distort reports
  • Your tax preparer needs dependable financial statements
Scope Boundaries

Bookkeeping for contractors—not a replacement for specialized construction accounting.

Plutus focuses on QuickBooks bookkeeping and financial-record organization. Complex construction accounting requirements such as percentage-of-completion calculations, formal WIP schedules, retainage accounting, certified payroll, bonding-specific reporting, or tax advice may require a construction-focused CPA, controller, payroll provider, or other specialist.

Common Questions

Contractor bookkeeping FAQ

What types of contractors does Plutus work with?

Plutus is designed for owner-operated contractors, trades, and home-service businesses using QuickBooks Online, including businesses that manage materials, subcontractors, equipment, vehicles, deposits, and project-related activity.

Can you help organize job and project costs in QuickBooks?

Yes. When the QuickBooks file and service scope support it, customer and project activity can be organized so job-related income and costs are easier to review. Plutus does not provide complex construction accounting such as percentage-of-completion, WIP schedules, retainage accounting, or bonding-specific reporting.

Can you clean up contractor books that are behind?

Yes. Contractor cleanup may include historical reconciliations, correcting duplicate or uncategorized transactions, organizing materials and subcontractor costs, reviewing equipment and loan balances, and establishing a clean starting point for ongoing bookkeeping.

Can Plutus work with my CPA or tax preparer?

Yes. With your authorization, Plutus can provide reconciled financial statements and agreed supporting information to your independent tax professional.