Bookkeeping Services for Painters

Bookkeeping and Accounting for Painters

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.

* No Debit/Credit Card Required
Accracy Accounting Online Remote Bookkeeping Services for Painters
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 Painters

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.

Accracy Accounting CPA CA Oversight
We get you set up

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.

Accracy Accounting Digital Fluency
We do your bookkeeping

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.

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

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.

Here’s why Painters like you trust Accracy with their bookkeeping and accounting

Get fast, unlimited support for Painters with Accracy Accounting and Bookkeeping Services

Get fast, unlimited support from our expert advisors

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.

Guaranteed accuracy in every detail for Painters with Accracy Accounting and Bookkeeping Services

Guaranteed accuracy in every detail

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.

Make Smart Decisions for Painters with Accracy Accounting and Bookkeeping Services

See where you’re spending. Make smart decisions

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.

Bookkeepers for Painters

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.

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
$200 / month billed annually
  • 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

$500 / Billed Once
  • 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
  • Sales Tax
  • Corporate Tax
  • Payroll
  • Accounts Payable
  • Accounts Receivables
  • Full Support Team
  • + Additional Customized Services

Schedule a Meeting

Basic

Starting from
$250 / 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

Executive

Customized Pricing

Everything in Basic plan +

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

Schedule a Meeting

Frequently Asked Questions about Bookkeeping and Accounting for Painters

As a professional painter, there are several specific expenses you can deduct on your tax returns.

  • Materials: Paints, brushes, ladders, tarps, and other equipment necessary for your painting jobs can be deducted.
  • Vehicle Expenses: If you use your vehicle for your painting business, you can deduct expenses like gas, oil changes, repairs, and even depreciation.
  • Insurance: Any insurance premiums that you pay for coverage on your business can be deducted.
  • Home Office: If you use a portion of your home exclusively for your painting business, you may be able to deduct part of your rent or mortgage, as well as utilities.
  • Marketing and Advertising: Money spent on business cards, website design, online ads, and other advertising can be deducted.
  • Professional Development: If you take classes or purchase books to improve your painting skills or business knowledge, those costs can be deducted.

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:

  • Income Tracking: Ensure all income from clients, sales, and contracts are recorded correctly. This includes details about the client, project specifics, the amount received, and the payment date. Digital invoicing and accounting software can automate this process.
  • Expense Tracking: Keep records of all business expenses. This includes the cost of painting supplies, equipment rental or purchase, business insurance, advertising costs, and vehicle expenses. Each receipt should include details on the payee, expense category, amount, and date.
  • Regular Reconciliation: Regularly, usually monthly, compare your business bank statements and credit card statements with your income and expense records to ensure everything matches up.
  • Use Accounting Software: There are many reliable accounting software options that can streamline this process. They allow you to link bank accounts, automate expense tracking, provide digital invoices, and produce necessary financial reports.

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.

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.

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

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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