Bookkeeping for electrical contractors
Bid work, service work, and material prices that move. Electrical books need job-level detail to stay honest.
What Harmony sets up for electrical contractors
Job costing on bid projects
Actual labor and materials tracked against each bid, so you see where a job drifted.
Progress billing and retainage
Commercial invoices in stages and amounts held back, tracked per project.
Material price swings
Wire, conduit, and equipment costs recorded as incurred, so changes do not quietly erase your margin.
Service versus project work
Service calls and larger projects reported separately.
Licensed labor and apprentices
Payroll organized so labor cost lands on the right job.
When a bid was priced on last quarter's material costs, your books should show the difference. That is how you price the next one better.
A quick example
A job bid with wire and conduit priced at last quarter's costs. If a $9,000 materials line comes in 8% higher, it becomes $9,720, and $720 comes out of your margin unless a change order covers it. Job costing shows that as it happens, not at year end. Illustration only.
Common questions
Can you track retainage on commercial jobs?
Yes. Amounts held back are tracked per project, so you know what is owed and when it should be released.
What if my bids and my actual costs never match?
That is exactly what job costing shows. Once you can see where each job drifted, your next bid gets better.
Harmony works in QuickBooks Online (QBO) and advises on Intuit Enterprise Suite (IES) when a company outgrows QBO. See which QuickBooks plan fits a company like yours.
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