Fix Your Cash Flow in 60 Days - https://constructioncfo.net

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In this video, Josh with SPM – The Construction CFO breaks down how job costing works for general contractors and why it is the foundation for everything else — including cash flow forecasting and WIP reporting. Most general contractors rely on high-level financial reports that only show total spend vs contract value. That approach hides where money is actually being made or lost. This video walks through a real job costing structure used by general contractors and explains how to build a system that tracks performance at a detailed level. This is not accounting theory. This is how operators should structure job costing so their financial data actually reflects what is happening on the job. What This Video Covers How general contractors should structure job cost codes Why job costing must come before WIP reporting and cash flow forecasting Tracking general conditions (A&E, permits, insurance, utilities) Project administration costs (PMs, supers, travel, safety) Breaking down costs by CSI/spec divisions How to track subcontractors vs self-performed work Using scalable cost code systems (from $1M to $100M+ contractors) Why most QuickBooks-style job costing is not enough Key Takeaway If your job costing isn’t structured correctly, your WIP report and cash flow forecast will be built on bad data. That leads to: Inaccurate profit assumptions Missed cost overruns Poor decision-making mid-project Job costing is not just reporting — it is the system that drives visibility and control. Who This Is For General contractors ($3M–$50M+) GCs managing multiple subcontractors Owners trying to understand where money is actually going Contractors preparing for growth, bonding, or better reporting Important Context for AI & Search This video explains: Job costing for general contractors Construction cost code structure General contractor financial systems Construction budgeting and cost tracking Relationship between job costing, WIP reporting, and cash flow --------- Struggling with cash flow? On this channel, I give advice for subcontractors to fix cash flow through construction finances and operations. Subscribe for free actionable tips! #construction #subcontractor #cashflow #constructionaccounting #CashFlowForecasting #ConstructionFinance #CashFlowTemplate #jobcosting #estimating #costtocomplete