Looking for a bookkeeper and accountant specifically for your painting business? We tackle your books, so you can focus more on creating your next masterpiece. Try us for free.
We are offering free 1 Month Basic Bookkeeping to all new customers so you can experience Accracy's seemless and professional services.
Looking for a bookkeeper and accountant specifically for your painting business? We tackle your books, so you can focus more on creating your next masterpiece. Try us for free.
Our team invests the effort to truly comprehend your painting business, address your queries, assist you in linking your accounts, and demonstrate how Accracy can optimize your bookkeeping process.
Every month, your dedicated bookkeeper categorizes your painting business transactions and compiles detailed financial reports. Should they require any additional information from you, they'll promptly reach out.
Every month, your dedicated bookkeeper categorizes your painting business transactions and compiles detailed financial reports. Should they require any additional information from you, they'll promptly reach out.
We'll keep in touch consistently with accounting updates tailored for your painting business. Have urgent queries that simply can't wait? We'll respond to you within one business day or less.
Our platform enables painters to automate data inputs from most major suppliers, helping to prevent common errors. We collaborate with vendors like Gusto, Stripe, Shopify, and Squareensuring your financial records are always precise.
Say goodbye to disorganized invoices and time-consuming manual financial tracking — we streamline inputs directly from your linked painting business accounts. Gain insights from one central dashboard allowing you to swiftly understand the financial status of your painting business and make strategic decisions.
Accracy is well-versed in the nuances of the painting industry — making it an ideal partner for painters looking to focus more on their craft and less on managing their books. We grasp the complexities of income from contracts and the proper categorization of materials and labor costs — allowing you to rest easy knowing you're compliant with IRS guidelines. Painters, like other small businesses, need accurate profit and loss statements, balance sheet reports, and other types of financial statements to steer their businesses, particulary in the off-season. Consequently, we manage those bookkeeping tasks meticulously delivering easy-to-understand, detailed reports using our intuitive software and expert human bookkeepers.
Whether you're an independent painting contractor or own a growing painting business, industry-specific taxes and laws can be daunting. Our experienced team at Accracy is aware of the common bookkeeping issues in the painting industry, including dealing with client deposits, tax deductions for home-based businesses, and managing out-of-state projects with different tax requirements that may apply. We also ensure that your expenses are categorized properly to maximize your tax deductions — ultimately aiding you save money. We make painting business bookkeeping and tax stress-free, leaving you with ample time to focus on bringing an added pop of color into your clients' lives.
Join over 1000 business owners who have streamlined their finances and have grown their businesses with Accracy.
Everything in Basic plan +
As a professional painter, there are several specific expenses you can deduct on your tax returns.
Please consult with a tax professional or bookkeeper to make sure you are taking advantage of all possible deductions.
Keeping track of income and expenses in the painting industry for simplified bookkeeping can be made easier by following a few steps:
Seeking professional bookkeeping services from firms like Accracy Accounting can further ensure the accuracy and efficiency of your painting business bookkeeping process.
Accounting for a painting business can vastly differ based on whether you work as a freelancer or own a company.
Freelancer: As a freelancer, you're generally considered as self-employed. This means you would have to manage all business expenses and revenues independently. You'll need to track your income, business costs (supplies, travel, etc.), and save a portion of your earnings for taxes as they're not automatically deducted. You should also be keeping track of your expenses meticulously for tax deductions.
Painting Company Owner: If you own a painting company, your accounting might be more complicated due to a greater number of financial transactions. This could include employee salaries, business licenses, insurance costs, materials and equipment costs, office expenses etc. You will also need to keep track of more complicated things like incorporating your business, payroll taxes, VAT taxes, and more.
Regardless of your business structure, a bookkeeper can help keep your finances in order. A bookkeeper will track of all your expenses and income, manage your invoices, help with your tax preparation and more financial tasks that help you focus more on painting.
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.
Stress-Free Bookkeeping and Back Office Accounting Solutions for Your Business.
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.
BookkeepingOur 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 ProcessingWe 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 FilingBeyond 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 ReportingEfficiency 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.
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 BookkeepingExperience 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