Accounting and Payroll for a Junk Removal Business

Junk removal businesses have a lot of moving parts.

You have customer payments, dump fees, fuel, vehicle expenses, trailer expenses, advertising, insurance, equipment, supplies, and possibly employees.

If you don't keep track of the money, it's very easy to look at your bank account and think you're making more money than you really are.

Accounting software can help you keep business income and expenses organized.

If you have employees, payroll becomes another important piece of the puzzle. Payroll isn't simply handing somebody a check. There are taxes, records, reporting and other responsibilities involved.

One of the best habits you can develop early is keeping business and personal finances separate.

Don't wait until tax time to try to figure out where your money went.

Track your jobs.

Track your expenses.

Track your disposal costs.

Track mileage and vehicle expenses appropriately.

Know what each job actually made you.

You don't necessarily need the most expensive accounting system available. You need a system you'll actually use consistently.

The important thing isn't the software.

It's knowing your numbers.