WIP, Job Costing, and Cash Flow with Andrea Gallion
Manage episode 516352953 series 3566563
Andrea Gallion shares how builders can use Work-in-Progress reporting, real-time job costing, and clean month-end processes to actually see where their projects stand and protect profit. She and Reece dig into invoices and pay apps, QuickBooks realities, retainage, and percent-complete so you can spot over- and under-billing early and keep cash moving.
https://melton-melton.com
Video Notes:
00:00 Processing invoices and pay apps
00:54 Meet Andrea Gallion
06:13 Month end and reconciling cleanly
07:11 Job costing that actually helps decisions
10:29 QuickBooks realities for builders
18:02 Backlog and pipeline basics
33:29 WIP reporting and percent complete
36:11 Retainage and getting paid on time
48:46 Wrap up and where to find Andrea
Find Our Hosts:
Reece Barnes
Matt Calvano
Podcast Produced By:
Motif Media
51 episodes