Trades & Contractors

Know exactly how much you made on every single job.

You finished the job. You got paid. But do you actually know if you made money on it? Most contractors don't — and that's not a small problem. Between materials, subcontractors, fuel, equipment, and labour, the gap between your invoice amount and your actual profit can be shocking. PrecisionPenny gives trades and contractor businesses the financial visibility to know exactly where they stand, job by job and month by month.

Know Your Profit Per Job — Not Just Your Revenue

Quoting $15,000 for a job and walking away with $15,000 in the bank are two very different things. After materials, subcontractor costs, fuel, tool wear, and your own time, what did you actually net? Without job-level tracking, you're guessing. We set up your books to track income and expenses by project — so you can see, clearly, which types of jobs are worth taking and which ones are quietly losing you money.

–      Job costing — track every expense back to the project that caused it

–      Compare estimated vs. actual cost on every job

–      Identify which job types and clients give you the best margins

–      Know your true hourly rate after all costs are factored in

Stop Losing Receipts — We Store Everything Digitally

A crumpled receipt in your truck. A Home Depot run you forgot to log. A fuel fill-up that never made it into your books. Every missing receipt is a tax deduction you're leaving on the table — and if you're ever audited, missing documentation is a serious liability. With PrecisionPenny, every receipt gets captured and stored digitally in QuickBooks. Photo it on your phone, email it to us, or sync it directly. Nothing gets lost.

–      Digital receipt storage tied to the correct job and expense category

–      Never miss a materials, fuel, or tool deduction again

–      Audit-proof paper trail for every transaction

–      Simple mobile capture — no filing systems required on your end

Subcontractor Tracking & 1099 Prep

If you pay subcontractors, you have a reporting obligation — and it's one of the most commonly missed compliance issues in the trades. We track every subcontractor payment throughout the year so that come January, your 1099s are ready to go without a last-minute scramble. No missed filings, no penalties, no chasing down payment records from months ago.

Seasonal Cash Flow — Plan for the Slow Months

Trades businesses are inherently seasonal. Summer is feast. Winter can be famine. Without clear financial data, it's hard to know how much to set aside during the busy season to cover the slow one. We give you monthly cash flow statements and year-over-year comparisons so you can see your seasonal patterns clearly and plan ahead — rather than scrambling when January hits.

Tax Season Without the Stress

Your accountant can only work with what you give them. If your books are a mess or your expenses aren't categorized, they spend billable time cleaning it up — at accounting rates, not bookkeeping rates. PrecisionPenny delivers clean, categorized, reconciled books to your CPA every year-end. Your tax prep gets faster, cheaper, and more accurate.

Ready to get started?

Book a free consultation. We'll review your current setup and show you exactly what job-level visibility looks like for your contracting business.