Accounting
Accounting for electrical businesses: what comes in, what goes out, what is missing
The bank statement is held against the open invoices, the dunning steps keep running, and a supplier invoice is signed off before it is payable. If you want, keep the books right here — or stay with bexio or Abacus.
What you do with it
What comes in, what goes out, what is missing
Incoming payments and dunning
Reading in the bank statement, payment matching on the QR reference, payment plans. Dunning with steps, dunning letter, default interest and dunning fee, up to the debt collection request.
Payables with sign-off
The supplier invoice sits beside its original and is signed off position by position by the project manager, coded and released. It is paid by payment file.
VAT and deadlines
The VAT return with turnover reconciliation, as XML for the FTA's ePortal. The construction lien deadline speaks up before it runs out.
A general ledger, if you want one
Journal, account sheets, trial balance, fixed assets and the year-end close. Take-over from bexio, Banana or Abacus, even mid-year, and an account of their own for the accountant.
Everything in this area
- One overview of receivables and payables
- Receivables
- Payables
- Position sign-off by the project manager
- Sign-off and release
- The account coding plan
- A code per position
- «Let the AI code it»
- What repeats is coded from history
- The orderer is read off the invoice
- The invoice beside its original
- Cancel, delete, restore
- Reading in the bank statement
- Payment matching
- Payment plans
- Dunning with steps
- Dunning letter
- Default interest and dunning fee
- Debt collection request
- Construction lien deadlines
- VAT return
- Turnover reconciliation for the VAT return
- Input tax on expenses
- Expenses with a photo of the receipt and an account
- bexio
- bexio both ways: customers, suppliers, employees
- Abacus (AbaConnect)
- Where our figures and the external books disagree
- General ledger
- Journal and account sheets
- Trial balance
- Bank statement posted line by line
- Financial years and the opening balance
- Fixed assets with their depreciation
- Work in progress at the year-end close
- Supplier invoices paid by payment file
- VAT return as XML for the FTA's ePortal
- Year-end close with balance sheet and income statement
- Take-over from bexio, Banana or Abacus, even mid-year
- Parallel run
- Audit package
- An account of their own for the accountant
- All of the accountant's clients on one page
Matching integrations
Related articles
- Unpaid invoice: default, default interest, Skonto and retention for electrical contractors
- Debt enforcement for an unpaid invoice: payment order, objection and limitation for electrical contractors
- The statutory lien for tradespeople: deadline, provisional registration and procedure — why four months remain, even though the claim itself is good for five years
- bexio for electricians: why the accounting stays and the electrical software sits in front of it
Better seen than read
45 minutes using one of your jobs: from capture on site through to the certificate and invoice.