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Industry-Specific Bookkeeping

Trades Bookkeeping

Specialized bookkeeping and finance operations for HVAC, plumbing, electrical, and roofing contractors. We handle job costing, payroll, and profitability reporting so you can focus on the work.

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What We Do

Trade Business Bookkeeping, Done Right.

Running a trade business means juggling multiple jobs, managing crews, tracking materials, and dealing with progress billing. Your bookkeeping needs to keep up with the complexity of how you actually work.

At Soreng & Co., we understand the unique financial workflows of trade businesses. We track costs by job, manage subcontractor payments, handle progress billing, and deliver clear profitability reports so you know which jobs are making money and which ones aren't.

Contractor working on job site

Bookkeeping Services for Trade Businesses

Comprehensive financial management tailored to how trade contractors actually operate.

Job Costing & Project Tracking

Track labor, materials, equipment, and subcontractor costs by job. Know exactly where your money is going and which projects are profitable.

Material & Equipment Expenses

Track material purchases, equipment rentals, and tool expenses. We categorize everything so you can bill accurately and claim proper deductions.

Payroll & Subcontractor Management

Manage employee payroll, track hours by job, and handle 1099 subcontractor payments. We ensure compliance and accurate job cost allocation.

Progress Billing & Invoicing

Handle progress billing, milestone payments, and retainage. We match your invoicing to your job completion percentages and track what's outstanding.

Profitability Reporting Per Job

See which jobs are profitable and which are losing money. We deliver job-by-job P&L reports so you can make informed bidding decisions.

Revenue Recognition by Project

Recognize revenue based on project completion percentage or milestone achievements. We ensure your financials reflect the actual status of your jobs.

Construction workers at job site
Who This Is For

Built for Trade Contractors Who Need Financial Clarity.

Whether you're a solo operator or running a crew of 50, our trade bookkeeping service is designed for contractors who need to know exactly where their money is going and which jobs are actually profitable.

HVAC contractors managing multiple installation and service jobs
Plumbing companies tracking material costs and labor across projects
Electrical contractors handling progress billing and retainage
Roofing companies managing subcontractor payments and job profitability
General contractors overseeing multiple trades and complex job costs

Why Trade Businesses Choose Soreng & Co.

We're not just bookkeepers — we understand the construction and trade industry inside and out.

Industry Expertise

We understand construction accounting, job costing, progress billing, and the unique financial challenges trade businesses face every day.

Know Your Profitability

Stop guessing which jobs make money. We deliver job-by-job profitability reports so you can bid smarter and grow faster.

Focus On The Work

You handle the jobs, we handle the books. Spend your time on the tools, not on paperwork and financial spreadsheets.

Common Challenges

Financial Issues We Solve for Trade Contractors.

Trade businesses face unique financial challenges that generic bookkeepers don't understand. We've seen it all and solved it for dozens of contractors.

No visibility into job profitability — You finish jobs but don't know if you actually made money
Material costs spiraling out of control — Expenses aren't tracked by job or project
Subcontractor payments a mess — 1099s are confusing and compliance is risky
Cash flow problems — Progress billing doesn't match your expense timing
Tax time scrambling — Books aren't ready when your CPA needs them
Contractor reviewing financial reports

Ready for Bookkeeping That Understands Your Trade?

Let's talk about your trade business and how we can help you get financial clarity. Schedule a free discovery call — no commitment, just a conversation about your bookkeeping needs.

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