You Charged for the Weld. Who Paid for the Rest?

The customer remembers a two-hour repair. You remember collecting steel, waiting for access and packing up after lunch. TNA connects job costs, bookkeeping, payroll and tax so you can see what your welding business kept.

• CPA-led accounting for welders • Bookkeeping and job-cost reporting • Payroll and owner pay support • Corporate CRA support within scope • Fixed fees agreed before work begins

For incorporated welding businesses, from solo welders to service contractors with mobile crews or a welding shop. Tell us which part needs explaining. We'll help you work out where to start.

WHILE YOU’RE HERE

Somehow, the small repair took the whole morning

You came to repair a gate. The hinge needed work too. Then came another bracket and half an hour waiting for someone to open the yard. You got it done. That evening, you tried to fit all of it into the price you’d already agreed.

  • Do mobile welding jobs cover travel and setup?
  • Did gas, wire and cutting discs reach the job costs?
  • When customers approve work, do extras reach the invoice?
  • Which welding projects leave more: shop repairs or site contracts?
  • Can we buy steel while the last customer still owes us?
  • Would another rig have enough paying work?

Now there’s another repair to quote. We help check the last job’s hours and costs while you still remember them, so you can decide what to change.

COUNT THE HOURS AROUND THE WELD

That $100 rate may work out to $75 an hour

Say you bill six hours at $100: $600 in labour revenue. Loading, travel and cleanup add two unbilled hours. Across the eight hours you worked, your welding business earned $75 an hour before expenses. That’s 25% less revenue per working hour than the rate on the invoice. Fuel costs, consumables and overhead costs still need paying. So do you.

For mobile welders, that might mean a travel charge; for a welding shop, more preparation time in the estimate. We check your pricing strategies against the hours your welding services take.

Let's Follow That Job Through

Accounting Services for Your Welding Business

Mobile repairs, shop fabrication and welding work on construction sites leave different records. We start with how your welding business operates, then follow each job’s costs, payments and tax.
Bookkeeping and Job Costing
First, Put the Whole Job in the Books

Bookkeeping and Job Costing

That extra bracket belongs with the repair. We match welding materials, labour, consumables and subcontractor bills to your welding jobs in the bookkeeping software. Consistent expense tracking helps you compare project costs with the original quote.

Corporate Tax, GST/HST and Tax Planning
Then Check What Tax Needs Setting Aside

Corporate Tax, GST/HST and Tax Planning

Once the costs are in, we check your tax liability. TNA prepares corporate and GST/HST tax returns, reviews welding equipment and eligible tax deductions, and plans for instalments. We also check BC PST treatment for the welding services you provide.

Payroll, Owner Pay and T-Slips
Those Extra Hours Also Belong in Pay

Payroll, Owner Pay and T-Slips

If a helper stayed late, those hours need to be paid too. We help with wages, deductions, CRA remittances and T4/T5 slips, then review salary or dividends for you. For subcontractors, we check the records and whether T5018 reporting applies.

Personal Tax and Finances for Welding Business Owners
What Can You Take Home?

Personal Tax and Finances for Welding Business Owners

The company paid you. What does that mean for your personal tax liability? We review salary, dividends and shareholder records. Personal tax preparation comes through our Nosehill office or a trusted partner, with scope and fees confirmed first.

Cash Flow Forecasting and Financial Management
Now Look at the Work Waiting

Cash Flow Forecasting and Financial Management

The next contract needs steel before it pays you. We forecast cash flow around customer payments, supplier bills, wages, tax and welding equipment finance. Then we can test another rig or a shop lease against the welding jobs already booked.

Use the Answers Before You Quote Again

Which Welding Jobs Deserve More of Your Week?

A full day between job sites can leave less than several shop repairs. Our financial analysis compares your welding services by project type and cash flow needs, so you can see which work earns its place.
What you're weighing up With agreed ongoing TNA support
Keep the same rate? Compare project costs with the quote, including travel, setup and return visits.
Which welding jobs leave more? Review pricing strategies and margins by job type against the time each repair took.
Why is cash flow tight? Use payment tracking to check what's unpaid and what it means for the next supplier payment.
Buy another rig? Check welding equipment payments and running costs against expected work, including a quieter month.
Take more money home? Review owner pay alongside tax, supplier bills and cash needed for unfinished welding projects.

You Don't Have to Catch Up First

Start With the Question Taking Up Your Evening

1. Tell Us What You Want to Work Out

“The welding jobs keep coming, but I can't tell what they leave us.” Tell us what you'd like to work out and whether a deadline or equipment purchase is coming up.

2. We Check What Needs Attention

We'll ask how your welding operations run, which bookkeeping software you use and who handles daily tasks. If you have office staff or a bookkeeper, we discuss where TNA could help.

3. You Know the Work and Price

We agree on the accounting services, reporting schedule and fixed fee. You know what to send, what we handle and who to contact.

What Would That Help Cost?

Let's Price the Support Your Welding Business Needs

Your welding business may need catch-up bookkeeping or regular job reports, payroll and cash flow reviews as welding operations grow. We price the work around your records, transaction volume and reporting needs.

What Clients Say

Advice an Owner Could Use

It's always a pleasure dealing with our year end at our firm. True North is always so helpful, patient and knowledgeable. Matt and Curtis are always great to deal with, but the whole team is always helpful and great to deal with. I would absolutely recommend them for anyone looking for accounting services for their small business.

Javier

True North Accounting makes the difficult conversation of taxes and running a small-business easy. I cannot thank the staff at True North, particularly their accountant Curtis, enough for their willingness to share their knowledge and expertise in a clear and concise way. As a young business owner with many questions to ask, I can say with confidence that True North genuinely cares about their clients, prospective or existing. Kudos to True North!

Ryan G.

All the folks at True North have always been very professional, accommodating and prompt to address any questions or concerns we've have about our small business financials. I would recommend True North to anyone looking for financial services.

Darren

Before You Get in Touch

Questions About Accounting for Welders

Can you work with the bookkeeping software I already use?

TNA works with Xero and QuickBooks, among other tools. We check how your bookkeeping software handles welding jobs, invoicing and payroll before suggesting changes. Linking job tracking and online payments may save time for you and your office staff, with project details carried into the accounts.

Which tax deductions can my welding business claim?

Eligible tax deductions can include welding materials, shielding gas, wire, wages and insurance. Welding equipment may need capital cost allowance rather than a full deduction that year. Keep receipts so we can check ownership, business use and timing before claiming costs for your welding business.

What vehicle records should mobile welders keep?

Mobile welders should keep fuel and repair receipts, plus a log of each business trip: date, purpose, destination and kilometres. Record total annual kilometres too. Tell us who owns the truck so we can check business use, reimbursements and any personal-use tax implications for travel between job sites.

Do welding businesses charge PST in BC?

BC PST depends on the work. Repairs to goods are generally taxable unless exempt. Real property contractors generally pay PST on taxable materials instead of charging it on the contract. We check the treatment for your welding services, including where you repair, fabricate or install and any exceptions.

Can you help me track overdue invoices and get paid faster?

Yes. TNA can include reports showing overdue invoices, due dates and their effect on cash flow. We can review automated reminders and online payments too. Accurate customer details and contact details help you reach whoever pays. We agree on who handles follow-up and customer communication before starting.

How much does a welder accountant cost?

The fee depends on your welding business, records, payroll and reporting needs. TNA confirms the accounting services and fixed price before work begins. Ask which bookkeeping, tax returns and cash flow reviews are included, how often you'll hear from us and what could change the fee as you take on more work.

Before You Promise the Same Price Again

Would You Quote That Repair the Same Way Tomorrow?

If you're not sure, tell us what happened. We'll help check whether the gap is in job costs, billing or cash flow, then explain the support and fee. Start with the job you remember best.