Contractors & trades
Job costs that survive the truck
Materials bought at a counter, subs paid on a Friday, fuel across four vehicles. Owwyl posts it nightly against the accounts that make a job either profitable or a lesson.
What the close has to get right
01
Materials, subs and rental are three accounts
They are all cost of the job and they move for different reasons. One combined line tells you the job cost too much and nothing about which part.
02
Field labor is not office staff
Separate wage accounts, because one is a direct cost of the work and the other is the cost of having a business at all.
03
The fleet is its own group
Fuel, maintenance and vehicle insurance track separately. Buried in general expenses, the cost of running trucks is invisible until it is the reason a good year was not one.
04
Tools are separated from materials
A tool outlives the job it was bought for. A board does not. Filing them together distorts the cost of every job that follows.
When it is not sure
It holds the row.
A counter purchase with no job attached is held for a decision rather than dropped into materials. The engine will not invent a job number it was never given.
The template
19 accounts, ready on the first night
This is the actual chart of accounts Owwyl creates for contractors & trades — not an example. Rename anything, add anything, delete what you do not use. The ledger is yours.
Revenue
Cost and expense
Owwyl also closes the books for
Close tonight on your own numbers.
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