80 20 principle

BOOKKEEPING FOR TRADES

We can help streamline all aspects of your bookkeeping process,

allowing you to focus on running your business.

80 20 principle

BOOKKEEPING FOR TRADES

We can help streamline all aspects of your bookkeeping process,

allowing you to focus on running your business.

Do you operate a trades business in Vancouver and need help streamlining your bookkeeping process?

Legacy Advantage offers bookkeeping for trades, with a focus on tracking your expenditures and streamlining your estimating process.
Let us provide you with a simpler, more integrated bookkeeping system to get the maximum profit out of each job.

Make Legacy Advantage your Trades bookkeeping partner and start working smarter.

Get Better Information, Make Better Decisions

The 80/20 rule states that 20% of all jobs generate 80% of a company’s profits. However, if you don’t track it well, then how will you know? We will design a job costing process so that it’s accurate, and timely. No more job costing using loose spreadsheets! No more guessing if you have captured 100% of all costs. In fact, if you want, you can drill down from our reports and actually see every single expense that went into your job. You will finally have the information that helps you decide where you should focus your business. You will finally be able to systematically improve your estimating process so that you are confident each job will be profitable.

A Simpler, More Integrated System

Many trades businesses are still generating estimates in excel, and invoices in word. They are still sending out invoices through email, and doing job costing in excel. Time sheets may be emailed in, and receipts are gathered at the end of each week in folders or boxes. It may have worked when you had started your business, but it’s not working any more. Your business has grown, and your systems need to improve as well.

We can update your systems so that your estimating is done digitally, and the clients can approve it digitally. Also, you will increase sales because our systems can remind you to timely follow up on those estimates. Instead of putting all of your receipts in a box and sorting through them each week, we can implement a system where your staff can just take photos of those receipts and email them to you. Then, they can just throw them away! Can you imagine the day when you no longer need to have boxes of receipts?

Finally, your job costing will no longer be in excel. Instead of copy and pasting the same data multiple times, our bookkeeping system can automatically generate detailed cost reports for you. How would your business change if you can get job costing data that is almost real-time?

Do you need bookkeepers with knowledge of trades industries?

Complete this 10 second form to get started!

or call
778-785-6879

CASE STUDY: PROWORKS PAINTING

How We Streamlined Data Entry For Effortless Job Costing

ProWorks Painting is a fast growing painting business. They required detailed job costing of paint and labour, to run payroll, and to report sales to the franchisor. They wanted to streamline this process to achieve cost and time savings.

The Problem

Before our involvement, our client already had an established process for estimating, invoicing, and job costing. However, most of that was done through Excel or Word. Hours were transferred, manually, from a time tracker to a spreadsheet to calculate payroll costs per job. The system was working, but inefficiently, and was prone to error. Most importantly, the system was not scalable.
Furthermore, because their data was all over the place, they couldn’t make proper strategic decisions. Should they focus on renovations or new builds? Should they focus on commercial jobs or residential? Without proper job costing information, they are unable to confidently make this decision.

The Solution

The solution required a partnership on both sides. The client was very willing to describe their process to us, and most importantly, explain the purpose of each step. Our team studied the existing process in detail. Then, we proposed a new solution that achieved the same purpose, but with a much more integrated interface. The result was that we could do job tracking, invoicing, payroll, and job costing with one system. The clients were finally able to have confidence in the job costing, and able to make better decisions.

The Result

Instead of spending time on data entry and processing, our client can devote more attention to analysis. They now have real-time information to help them stay on budget and to reveal the profitability of different types of projects. As a cherry on top, we were able to cut their administrative cost, contributing directly to their bottom line. The client was ecstatic! This is what they said about us:

“The Legacy team is helping us revolutionize our painting company. They have partnered with us from the conceptualizing stage through testing and then implementation, helping to bring our vision to light while guiding us with their experience and expertise. Bookkeeping yes! But also working with us to improve job flow, minimize redundancies and leverage technology. All this is allowing us to be more efficient, more profitable, and better able to make decisions with the right information”

Testimonials

Arthur Kavanagh

Kato Electrical is a fast growing team of electricians, and Legacy team has been a great support in its growth. Legacy is an awesome Vancouver bookkeeping service. They have provided us with peace of mind, knowing that all of our data is captured, and delivered on time. We are also able to get job costing information which is critical for our management team. Legacy understands how to do bookkeeping for the trades.

Arthur KavanaghKato ElectricalKato Electrical
Jay Newell

The Legacy team is helping us revolutionize our painting company.
They have partnered with us from the conceptualizing stage through testing and then implementation, helping to bring our vision to light while guiding us with their experience and expertise.
Bookkeeping yes! But also working with us to improve job flow, minimize redundancies and leverage technology.
All this is allowing us to be more efficient, more profitable, and better able to make decisions with the right information.

Jay NewellProWorks PaintingProWorks Painting

IMG_0031

Our Team

best bookkeeping service logos

We’re ready to help you work smarter.

Contact us today and find out why Legacy Advantage

is the top choice of bookkeepers for trades.

or call
778-785-6879

Email Us: info@legacyadvantage.ca

Call Us: 778-785-6879

Visit Us: 200 – 2325 Burrard St., Vancouver, BC V6J 3J2

We are open Monday to Friday, 9am to 5pm.

best bookkeeping service logos