Accounting Guide for Builders: Job Costing, Overhead Recovery, and Real-Time Profit Tracking on Every Project, (Paperback)

The job came in profitable. You found out at closeout it lost money - and by then there was nothing left to do but eat it.<br>That gap between busy and broke is where most builders live, because the books never tell them the truth about a job until the truth no longer helps. <p>Accounting Guide for Builders puts the answer in your hands while the work is still open - so you know which jobs make money, which are bleeding it, and exactly what to do about it today. </p><p><b>Here is what this book delivers: </b> </p><p><b>- Track every dollar in real time</b> - follow a single cost from the moment it lands through your books to your bottom line with the Job-Cost Trace System, the method woven through every chapter<br><b>- Price labor at what it actually costs</b> - build a fully burdened rate that captures the payroll taxes, workers' comp, and benefits that turn a $30 wage into a $46 cost<br><b>- Set an overhead rate you calculated instead of guessed</b> - and catch the stale rate that quietly underbids every job at once<br><b>- Read your WIP schedule like a fuel gauge</b> - calculate over- and underbilling, and spot the job-borrow trap before it sinks the company<br><b>- Recognize a loss the moment you see it coming</b> - apply the rule that protects you, the bank, and the surety<br><b>- Use the right tax method </b>- work the recent changes to IRC Section 460 and the home-construction exception with your CPA<br><b>- Win more bonding capacity -</b> show a surety the working capital and clean WIP schedule that unlock bigger work </p><p>Written for builders, general contractors, remodelers, specialty subs, and the bookkeepers and office managers who keep their books.</p>

• Accounting Guide for Builders: Job Costing, Overhead Recovery, and Real-Time Profit Tracking on Every Project, (Paperback)
• Author: Truman B West
• ISBN: 9798180840837
• Format: Paperback
• Publication Date: 2026-06-09
• Page Count: 124