HVAC business owner salary: what S corp owners typically pay themselves, how to split salary and distributions, and how owner pay affects valuation.
HVAC Business Owner Salary: What S Corp Owners Pay Themselves Read More »
How to price HVAC jobs: what a billable hour actually costs, why markup is not margin, and the markup you need to hold a 40 percent gross margin.
How to Price HVAC Jobs: Markup, Margin and Overhead Read More »
ServiceTitan job costing setup: why labor shows zero, the burden rate that is wrong, job-specific purchase orders, and business unit to class mapping.
How to Get Accurate Job Costing Out of ServiceTitan Read More »
How to tell whether your HVAC bookkeeping is any good: four checks, what a trades bookkeeper has to handle, and when you need more than one.
HVAC profit margins from a CFO who closes the books: 50/30/20 as the target, why your reported gross margin is probably wrong, and margin by department.
HVAC Profit Margins: What Good Actually Looks Like Read More »
A $400 check collected in March isn't earned revenue until you perform the June and October visits. Until the labor is done, that cash is a liability tied to service you still owe. I've watched owners see the deposit hit the bank, feel relief, and immediately treat it like operating profit. Then the calendar catches
HVAC Maintenance Agreement Accounting: Cash Now, Cost Later Read More »
I’m sitting in an owner’s office. Printed balance sheet on the desk. Bank app open on the phone. Dispatch board buzzing in the background. I point to the cash line. “Do you really have negative $100,000 in the bank?” The owner looks at the report, then at the phone, then back at me. “No chance.
How to Read a Home-Service Balance Sheet Without Being an Accountant Read More »
Most HVAC, plumbing, and electrical companies know roughly how the month felt. Busy phones. Crews booked out. Payroll cleared. Cash looked okay on Friday. Then tax time shows up and the story lands months late. A department was leaking margin. Materials hit the wrong jobs. Receivables looked collectible in one system and stale in another.
Month-End Close Checklist for HVAC, Plumbing, and Electrical Companies Read More »
ServiceTitan and QuickBooks never match by accident. The six process causes, including undeposited funds and AR drift, and how to reconcile them monthly.
An owner added about $700,000 in revenue one year and his net income went up about $50,000. How your books are built decides whether you can see where the rest went.
HVAC Accounting: From Chart of Accounts to Month-End Close Read More »
