Bookkeeping Services for Appliance Repair Shops

Bookkeeping and Accounting for Appliance Repair Shops

Need a bookkeeper and accountant for your appliance repair shop? We handle your books, giving you more time to focus on fixing appliances. Try us for free.

* No Debit/Credit Card Required
Accracy Bookkeeping and Accounting Services for Appliance Repair Shops
Accracy Accounting QuickBooks Certified ProAdvisor
Accracy Accounting Xero Certified Advisor
Accracy Accounting Gusto Payroll Certiication
Accracy Accounting Fathom Certified Advisor
Accracy Accounting Karbon Certified Expert
Free 1 Month Bokkeeping Trial

New Customer Offer

We are offering free 1 Month Basic Bookkeeping to all new customers so you can experience Accracy's seemless and professional services.

* No Debit/Credit Card Required

How Accracy works with Appliance Repair Shops

Need a bookkeeper and accountant for your appliance repair shop? We handle your books, giving you more time to focus on fixing appliances. Try us for free.

Accracy Accounting CPA CA Oversight
We get you set up

Our team takes the time to fully comprehend your appliance repair shop, respond to your inquiries, assist you in connecting your accounts, and demonstrate how Accracy can work for your business.

Accracy Accounting Digital Fluency
We do your bookkeeping

Each month, your dedicated bookkeeper will sort through your appliance repair shop's business transactions and compile detailed financial statements. If any additional information is needed, rest assured they will reach out to you.

Accracy Accounting One-on-one expert support 24/7
We deliver tax-ready financials

Each month, your dedicated bookkeeper will sort through your appliance repair shop's business transactions and compile detailed financial statements. If any additional information is needed, rest assured they will reach out to you.

Here’s why Appliance Repair Shops like you trust Accracy with their bookkeeping and accounting

Get fast, unlimited support for Appliance Repair Shops with Accracy Accounting and Bookkeeping Services

Get fast, unlimited support from our expert advisors

We'll regularly communicate with you regarding your appliance repair shop's bookkeeping updates. Have urgent inquiries that simply can't wait? Be assured, we'll respond to you within one business day or even less.

Guaranteed accuracy in every detail for Appliance Repair Shops with Accracy Accounting and Bookkeeping Services

Guaranteed accuracy in every detail

Our platform enables appliance repair shops to automate data entry from multiple industry-leading providers, eliminating frequent errors. We have partnerships with service providers such as Gusto, Stripe, Shopify, and Squareensuring your financial records are consistently precise.

Make Smart Decisions for Appliance Repair Shops with Accracy Accounting and Bookkeeping Services

See where you’re spending. Make smart decisions

Wave farewell to the mounds of invoices and burdensome manual record-keeping — we automate inputs straight from your connected accounts. Get your business insights from one centralized dashboard designed for appliance repair shops, enabling you to effortlessly gauge the health of your business and make effective strategic decisions.

We know bookkeeping for Appliance Repair Shops at Accracy Accounting

Bookkeepers for Appliance Repair Shops

For Appliance Repair Shops, Accracy Accounting understands the unique blend of sales, labor, and the repair services involved. We're familiar with the specific tax deductions you can claim, from products and parts inventory to tools and equipment, to travel expenses for those house calls. When you need to offset revenue with costs, we're on your side, well-versed in the industry-specific guidelines to optimize your tax portfolio.

Accracy not only excels in providing you excellent tax services but extends its efficacy in sorting out common bookkeeping issues related to appliance repair shops. We realize that tracking job costs, inventory management and separating materials from labor on invoices can be a hassle. Our user-friendly software, coupled with an experienced team of bookkeepers, maintains clean financial statements for your shop. We'll take the confusion out of recording payroll for your technicians, or distinguishing between capital expenditures and repair costs. We offer an unparalleled blend of technology and human expertise to take care of your bookkeeping, so you can focus on fixing appliances, not crunching numbers.

Accracy Pricing

Simple, straightforward bookkeeping pricing for everything your business needs.

Join over 1000 business owners who have streamlined their finances and have grown their businesses with Accracy.

Basic

Starting from
$300 / month
  • Dedicated Bookkeeping Experts
  • Accurate Books with Year-End Financial Records Ready for Tax Season
  • Automating Your Processes Through QuickBooks, Xero and others
  • Accrual or Cash basis accounting
  • 24/7 Support
  • Unlimited communication with your bookkeeping team
Contact Us

Catch Up Bookkeeping

$50 / Hour
  • Accurate Books with Year-End Financial Records Ready for Tax Season
  • Automating Your Processes Through QuickBooks, Xero and others
  • Accrual or Cash basis accounting
  • 24/7 Support
  • Unlimited communication with your bookkeeping team
Contact Us

Executive

Customized Pricing

Everything in Basic plan +

  • Dedicated Account Manager
  • Full-Cycle Bookkeeping
  • Sales Tax
  • Payroll
  • Accounts Payable
  • Accounts Receivables
  • Full Support Team
  • + Additional Customized Services

Schedule a Meeting

Tech Startup

$300 / month
  • Monthly Accrual Bookkeeping in QBO
  • 1 Bank Account
  • 2 RAMP Cards
  • Bi-Weekly Payroll (2 employees)
  • Approximatly 30 monthly transactions
  • Employee Expense Reimbursements
  • Multi Currency (USD & CAD)
Contact Us

Resturant

$1,200 / month
  • Monthly Accrual Bookkeeping in QBO
  • 2 Banks - 3 Credit Cards - 1 Loan Facility
  • Approximatly 250 monthly transactions
  • Monthly Sales Tax filing
  • Point of Sale Integration / Reconciliation
  • Bi-Weekly AP through Plooto
  • Receipt Posting through Dext
Contact Us

Marketing Agency

$2,600 / month
  • Monthly Accrual Bookkeeping in QBO
  • Class/Project tracking
  • Deferred Revenue Management
  • Bi-Weekly Payroll in QBO (25 employees)
  • Payroll Remittances
  • In-House Accounting email management
  • Monthly Sales Tax Reconciliation
  • 2 Bank accounts - 6 Credit Cards
  • Approximatly 200 monthly transactions
  • Multi-Currency (USD & CAD)
  • Weekly AP through Plooto
Contact Us

Frequently Asked Questions about Bookkeeping and Accounting for Appliance Repair Shops

Running an appliance repair shop comes with unique accounting considerations. Here are a few specific practices you may need to think about:

  • Inventory Management: Parts and supplies for appliance repairs must be meticulously tracked. Your bookkeeper should always have a clear picture of your inventory to determine costs, identify reorder points, and assess inventory turnover.
  • Job Costing: Each repair job can have different costs depending on the time spent, parts used, and the technician's rate. Your bookkeeper needs to accurately allocate costs to each job to pinpoint profitability.
  • Depreciation: Your business likely owns various expensive tools and equipment. Your bookkeeper should handle the depreciation of these assets correctly to balance your books and to aid in tax deductions.
  • Revenue Recognition: Depending on your billing structure, you may need to recognize revenue in different ways. Your bookkeeper will need to understand when to recognize revenue from repairs, warranties, and maintenance contracts.

Note that every business is unique, and your accounting needs may vary. At Accracy, our expert bookkeepers will work with you to understand your business and customize our services to your needs.

Some of the most common tax deductions available for an appliance repair business include:

  • Business-related vehicle mileage
  • Tools and equipment required for repairs
  • Office expenses, such as rent, utilities, or a home office deduction
  • Insurance and liability coverage
  • Continuing education and certification
  • Marketing and advertising expenses
  • Employee salaries and benefits, if applicable

It is advisable for businesses to keep detailed records of these expenses throughout the year to simplify the tax filing process. Consulting with a professional bookkeeper or accountant is also highly recommended to ensure all deductions are accurately handled and the maximum benefits are obtained.

Managing the inventory costs of spare parts in your appliance repair shop's bookkeeping can be accomplished by incorporating a dedicated inventory management system. This can track the purchase, storage, and usage of spare parts. Each time you buy or use a spare part, record it in the system. The costs of these parts are then integrated into your overall bookkeeping system. These costs can be tracked as both a direct cost of providing your repair services and as an operational expense, depending on the accounting methods you choose to use.

Inventory management can sometimes be complex, so using professional bookkeeping services can greatly help in accurately tracking these costs. An expert bookkeeper can provide guidance and manage this aspect of your finances, facilitating the reconciliation of your inventory and ensuring your books are always up-to-date. With Accracy Accounting, you can be sure to have professional help to manage your inventory costs efficiently and effectively.

We understand that when our clients turn their accounting and bookkeeping services over to us, trust is paramount. We have a team of certified professionals, use proven technologies, and hold ourselves accountable every day. Yes, you can trust us with your sensitive data and to deliver accurate, timely accounting services for your business.

Absolutely. Our team members are all certified in the leading accounting systems and can quickly get your files up to date.

Don’t worry, your financial data belongs to you. Our offboarding is pretty straightforward as we transfer account ownership to you. As a bonus, there’s no stopping you from replicating the workflows we’ve created for your in-house process – in fact, we encourage it.

Savings can vary considerably depending on your current solution, but our clients tell us that it is generally between 30% and 50%.

We do not provide year-end tax filing services as we are not a CPA firm. However, if you are looking for a year-end tax accountant, we would gladly refer you to one of our partners. Having a separate bookkeeper and year-end accountant ensures additional oversight on the accuracy of your books. Your year-end tax accountant can help you review your books during tax season.

No, we are not a CPA firm. Accracy is not a public accounting firm and does not provide services that would require a license to practice public accountancy.

No. We do not offer services which fall under the jurisdiction of these organizations. We have partner organizations who can provide those services if needed by clients. A good example of such services are tax advisory or statutory filings. We have a number of non-economic partnerships with CPA firms who can help our clients with these services if needed.

Every account is set up with a Client Success Lead who will be your day-to-day contact. They’ll liaise with the rest of the team members on your account which may include an accounting manager, bookkeeper, payroll specialist, and payables specialist.

Accracy can support a wide range of companies, from small businesses and startups to large public corporations. Our services are tailored to meet the unique accounting and bookkeeping needs of businesses across various industries.

At Accracy, we operate as a fully remote team, delivering our bookkeeping and accounting services online. We have the necessary tools and systems in place to work efficiently and securely from our remote locations. We will coordinate and collaborate with your onsite team to ensure smooth communication and workflow integration.

Accracy Accounting Frequently Asked Questions (faq)

Our Services

Your Needs, Our Solutions: Total Coverage Guaranteed

Stress-Free Bookkeeping and Back Office Accounting Solutions for Your Business.

Outsource Bookkeeping

Precise Financial Organization

Embark on a transformative journey towards financial clarity with our comprehensive organizational services. Beyond mere bookkeeping, we delve deep into the intricacies of your financial records. Every transaction is meticulously documented, categorized, and structured to provide not just accuracy but a foundation for strategic financial understanding.

Bookkeeping

Payroll Compliance

On time and accurate payroll

Our payroll services offer comprehensive solutions for managing employee compensation in both Canada and the US. We handle everything from accurate payroll processing and tax calculations to compliance with local regulations and benefits administration. Our services ensure timely and precise payroll delivery, streamlined tax reporting, and up-to-date compliance with ever-changing laws.

Payroll Processing

Sales Tax Compliance

Expert Sales Tax Reporting

We offer comprehensive sales tax services, including reporting, compliance, and filing, for both the United States and Canada. Our expertise ensures that your business adheres to all relevant tax regulations, streamlines your tax processes, and mitigates the risk of errors and penalties. Whether you operate in one region or across both countries, our team is equipped to manage your sales tax.

Sales Tax Filing

Financial Reporting

Actionable Financial Insights

Beyond mere numbers, our reporting services are a gateway to actionable insights. We go beyond presenting data; we interpret, analyze, and deliver reports that serve as strategic roadmaps for your business. Timely, clear, and comprehensive, our insights empower you to make informed decisions, identify opportunities, and navigate challenges with confidence.

Financial Reporting

Accounts Payable & Receivable

Efficient Accounts Management

Efficiency is the cornerstone of our accounts management services. Whether handling payables or receivables, we streamline your financial transactions to optimize cash flow. Our focus is on creating a robust system that not only meets compliance standards but also ensures that your financial operations are a well-oiled machine, contributing to the overall health of your business.

Catch-Up Bookkeeping

Timely Financial Updates

Don’t let backlog hinder your progress. Our catch-up services are designed to bring your financial records up to speed. We meticulously address any gaps, ensuring that your records are not just current but also compliant. Stay on top of your financial game with timely updates that provide a comprehensive view of your financial landscape.

Catch-Up Bookkeeping

Fractional Controllership

Strategic Financial Guidance

Experience the benefits of seasoned financial leadership without the full-time commitment. Our fractional controllership services bring in experts to guide your financial strategies. Beyond mere oversight, our professionals actively contribute to optimizing your business performance. Benefit from strategic insights, financial planning, and a level of guidance that propels your business towards sustainable success.

Fractional Controllership

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