We Handle the Paperwork, You Handle the Pipes
Professional bookkeeping designed for plumbing businesses. Track service calls, manage parts inventory, and maximize profits while saving thousands on taxes.
Expert-managed bookkeeping starting at $69/month. No setup fees. FREE catch-up bookkeeping included with every new subscription* (*with one year commitment).
Bookkeeping Challenges Facing Plumbing Companies
Plumbing Companies face unique financial pain points that generic bookkeepers simply don't understand. Here are the issues we solve every day for businesses like yours:
- Service Call Tracking. Dispatching multiple technicians across dozens of daily service calls makes it hard to track which jobs are profitable and which are losing money.
- Parts Inventory Management. Tracking parts used on each job, managing truck stock, and knowing when to reorder is a constant juggling act.
- Truck & Vehicle Expenses. Fuel, maintenance, insurance, and depreciation across your service fleet adds up fast. Proper tracking is essential for tax deductions.
- Emergency Call Revenue. After-hours and emergency calls often have different pricing. Tracking premium rates and ensuring proper billing is challenging.
Structure Salary vs Distributions to Minimize Taxes
Plumbing company owners can significantly reduce their tax burden through S-Corp election. By paying yourself a reasonable plumber's salary and taking additional profits as distributions, you avoid the 15.3% self-employment tax on distribution income. A plumbing business owner earning $120,000 could save $10,000-$15,000 annually.
- Pay yourself a reasonable owner salary based on industry standards
- Take additional profits as tax-advantaged distributions
- We handle payroll for you and your technicians
- Free S-Corp evaluation to calculate your potential savings
Our team of experienced bookkeepers and tax strategists will evaluate your specific situation and walk you through the S-Corp election process from start to finish — including payroll setup, reasonable compensation analysis, and ongoing compliance.
How GuidedLedger Helps Plumbing Companies
We combine industry-specific expertise with modern accounting technology to deliver bookkeeping that actually moves your business forward:
- Service Call Profitability. Track revenue, labor time, and parts cost for each service call. Know which call types and customers are most profitable for your plumbing business.
- Parts & Inventory Tracking. Track parts usage by job, manage truck inventory levels, and understand your true cost of goods sold for accurate pricing.
- Fleet Expense Management. Properly track and deduct all vehicle expenses—fuel, repairs, insurance, and depreciation—across your entire service fleet.
- Technician Performance Insights. See revenue and profitability by technician. Identify your top performers and opportunities for improvement or training.
Common Tax Deductions for Plumbing Companies
Many plumbing companies miss thousands of dollars in legitimate deductions every year. Our team makes sure every eligible expense is properly tracked and categorized so you keep more of what you earn:
- Service vehicle fuel, maintenance, repairs, and depreciation
- Plumbing tools, drain machines, cameras, and shop equipment
- Parts inventory, fittings, fixtures, and truck stock
- Workers compensation, commercial auto, and general liability insurance
- Master plumber licensing, continuing education, and certifications
- Dispatch and field service software (ServiceTitan, Housecall Pro)
- Uniforms, boots, and branded crew apparel
- Shop rent, utilities, and warehouse storage
- Apprentice training programs and crew tools
- Marketing, Google Ads, and lead generation services
We review your spending throughout the year, flag deductions you may have missed, and prepare a tax-ready year-end package for your CPA or tax preparer.
What's Included for $69/month
- Monthly bookkeeping & bank reconciliation
- Professional financial statements (P&L, balance sheet, cash flow)
- Transaction categorization tailored to your industry
- Year-end tax-ready books
- QuickBooks or Xero management at wholesale pricing
- Email support & quarterly check-ins
- FREE catch-up bookkeeping when you subscribe (with one year commitment)
- S-Corp evaluation and tax-savings analysis
What Plumbing Companies Are Saying
“Running a plumbing company with 5 trucks and 8 technicians meant paperwork was eating my evenings. GuidedLedger took it all off my plate and set me up as an S-Corp. I'm saving over $12,000 a year and actually have time for my family.”
*Client name abbreviated for privacy.
Frequently Asked Questions
How does S-Corp election help plumbing company owners?
As an S-Corp, you pay yourself a reasonable salary as a plumber/owner (subject to payroll taxes) and take additional profits as distributions (not subject to the 15.3% SE tax). For a plumbing business owner netting $120K, this typically saves $10,000-$15,000 per year.
Can you track profitability by service call type?
Yes! We can set up your books to track revenue and costs by job type—emergency calls, new installations, repairs, maintenance contracts. This helps you understand which services are most profitable.
How do you handle parts and inventory?
We track parts purchases and can help you implement inventory tracking for truck stock. This ensures accurate job costing and helps you understand your true cost of goods sold.
What about tracking expenses for multiple service trucks?
We track all fleet expenses—fuel, maintenance, repairs, insurance, and depreciation—by vehicle. This maximizes your deductions and helps you understand the true cost of running each truck.
Do you help with payroll for plumbing technicians?
Absolutely. We offer full-service payroll including wage calculations, tax withholdings, quarterly filings, and year-end W-2s. For S-Corp owners, we ensure your salary is set at a reasonable level for IRS compliance.
Related Industries We Serve
- Electrical Contractors
- Home Improvement Contractors
- Landscaping Companies
- Trucking Companies & Owner/Operators
Don't see your industry? We work with small businesses across every vertical. View all industries we serve or get started with a free consultation.