Frequently Asked Questions
Pest Control Business Owner Accounting Questions & Answers
Pest Control Business Accounting Tips:
PCO Bookkeepers answered many of our most common accounting and bookkeeping questions from PCO’s throughout the USA
How can an accounting firm help me grow my pest control business?
We are much more than just an accounting firm, we serve as business coaches. We provide clean accurate reports on a monthly basis. This helps owners see how well they stack up to others in the pest control industry. Since we are watching your books so carefully, we offer guidance for improving the health of the company.
How to void a check in Bill.com?
What is the rule of 23?
Do I need to pay sales tax in Michigan?
How do I decide whether to capitalize and depreciate an asset?
Sometimes it’s a judgment call but, depending on the size of the lawn care/pest control company, it’s a good idea to set a threshold.
What are the advantages to using Bill.com?
Bill.com helps keep track of bills paid and owed by the vendor and is very user-friendly. Every time you record a bill or payment, it automatically syncs into Quickbooks. It also helps to eliminate the use of paper checks and creates a more organized payment process.
What is the difference between cash and accrual accounting?
How long after I close the month can I expect my month-end reports?
How do I keep track of monthly transactions in Quickbooks?
What does closing of routing software mean?
The closing of routing software is asking to confirm if you are done entering all the invoices for the month in any service software you use such as Pestpac or
What is the ideal gross profit margin for my pest control business?
What is the benefit of providing my employees with health and retirement benefits?
With the proper plan in place, the benefits provided to the employee are tax-free while the company still gets the benefit of the deduction for their cost. Also, Providing benefits to employees is advantageous because it helps them see more value for working at a particular employer.
Pest Control Business Accounting, Bookkeeping & CFO Resources
More Resources & Articles For Pest Control Business Owners
2019 Pest Control Industry: According to data, the 2019 pest control industry is headed for another record year.read more
The 2019 Pest Control Industry Operations study provides information on the entire industry’s financial & operational strengths & weaknesses.read more
Estimated Tax to Pay or Not to Pay – That is the Question! Understanding your 1040 US Individual Income Tax Return and the “Estimated Tax Penalty.”read more
Online Accounting Services. Many pest control companies need to be agile and adapt to the latest technologies to increase efficiency.read more
Pest Business Revenues: The Pest Control business is highly seasonal with revenue peaks & valleys. Learn how to stabilize PCO revenue.read more
How Does A Pest Control Company Become More Profitable? There are only two ways to increase profit margins – Price increases or cost savings. Learn more about effective routing.read more
View Daniel S. Gordon, CPA’s presentation from the 2018 PCT Top 100 Awards Ceremony and Executive Summit.read more
It’s not mission-critical to your business that you understand fully how payroll works. Yet, since a large portion of your annual expenses goes towards labor and therefore payroll taxes, it’s a good thing to understand the payroll basics and the components involved in processing and how they impact your bottom line.read more