Who We Help › Professional & Service Businesses
Who We HelpBookkeeping for IT Service Providers
& MSPs
IT service companies — from break-fix shops to managed service providers — have recurring contract revenue, hardware COGS, and contractor labor that create unique bookkeeping requirements.
Book a Free ConsultationNo obligation · 30-minute call · Federally authorized Enrolled Agent
The Specific Challenges We Solve
MSP Contract Revenue Recognition
Managed service contracts billed monthly upfront need to be recognized over the service period. We ensure your deferred revenue is handled correctly so your P&L isn't overstated and your tax liability is accurate.
Hardware Resale vs. Service Revenue
IT businesses often sell hardware alongside services. Hardware has COGS; services don't. We track both separately so your gross margin analysis is meaningful — and your pricing decisions are based on real product economics.
Subcontractor Technician 1099s
Many IT shops use subcontractors for overflow or specialty work. We track every payment and handle 1099-NEC filing so you're always compliant — even through busy project seasons when it's easy to lose track.
A Bookkeeper Who's Also a Federally authorized Enrolled Agent
Most bookkeepers categorize transactions and hand you a report. Simple Books Now does that — and our Licensed EA can also represent you before the IRS, file your business and personal tax returns, and advise on tax strategy year-round. One firm. No referrals. No gaps.
Ready to Get Your Books in Order?
Book a free 30-minute consultation. She knows the numbers for your type of business and will give you a clear picture of what we can do.
Book a Free ConsultationNo obligation · Flat monthly rates · Federally authorized Enrolled Agent