Accounting For Electricians
Go From Tradesman To Business Owner
As an electrician, we’ll wager that you’d much rather be hands-on doing a job than sitting in an office doing your accounts. Fortunately, Level Accounting is here to ease the load of accounting tasks, such as bookkeeping. That way, you can crack on with the job at hand, knowing that your finances are up-to-date and that you will always be compliant.
When you’re a self-employed electrician, it’s essential to keep your cash flowing so you can buy new equipment and materials, as well as cover day-to-day expenses such as travel. As your dedicated accountant, we can help you forecast ahead to avoid cash flow problems. We can also help you plan for your end-of-year tax bill, take on all boring paperwork and liaise with HMRC. If you use subcontractors or are one yourself, we can guide you through the ins and outs of CIS to ensure you stay compliant.
The first action we take is to move your accounts and record keeping to a digital platform. There are plenty of solutions available for this and it means that not only can you instantly access your financial information no matter where you are, it instantly reduces your costs.
It saves you time, it eliminates the needs to clutter the dash and your office with all of your receipts. Going digital reduces your paperwork, streamlines tax and VAT calculations and submissions, makes bookkeeping a breeze and dramatically reduces your stress.
Digital record keeping
Spend more time on making your business succeed
We understand your electrical business and work with tradesmen just like you all over the country. We know how to create systems and processes in your business that will give you more free time to spend with your family or simply relaxing after a hard days graft.
We’ll start with analysing your current business systems and processes and then get you and any employees trained on the new technology. Bookkeeping will become automated and you can spend more time on making your business succeed.
Unlike most generalist accountants we want to be involved in your business – and to help you to grow it.
We will work with you to identify business goals, construct a step-by-step plan to follow and have regular meetings with you to measure progress and to make adjustments.