Your bookkeeper can't answer the question
You asked whether the Henderson job is making money. Three days later the answer was a printout of the P&L.
Bookkeeping records what already happened, and it does that job well. Recording is a different job from telling you whether a job is earning or whether you can fund next quarter. When you ask the person doing the first job to answer questions that belong to the second, everybody walks away frustrated. The work you need sits above the ledger, and nobody has been assigned to it.
Three moves, in order
Step 05: Software and bookkeeping alignment
Live job costs inside thirty seconds, with the bookkeeping cadence that keeps them true.
Other problems step 05 solves
Other things that go wrong
What owners ask
Bookkeeper vs cfo construction?
You asked whether the Henderson job is making money. Three days later the answer was a printout of the P&L. Bookkeeping records what already happened, and it does that job well. Recording is a different job from telling you whether a job is earning or whether you can fund next quarter. When you ask the person doing the first job to answer questions that belong to the second, everybody walks away frustrated. The work you need sits above the ledger, and nobody has been assigned to it.
Which part of the system fixes this?
The step is number 05, software and bookkeeping alignment. Live job costs inside thirty seconds, with the bookkeeping cadence that keeps them true. It's drawn from chapter 5 of CONTROL: The Construction Financial Operating System.
Is this normal for my trade?
Across the 48 trades in the benchmark reference, net profit at $1M–$5M averages 7% before taxes. If you're well under that and this page describes your month, the two are usually the same story. The published average tells you where the pack sits, and your own job costing tells you where you sit, which is the number that pays payroll.
Where do I start?
Separate the recording function from the analysis function in your own head first.
Can I fix this without touching anything else?
You can try, and it doesn't hold. Step 05 depends on step 01, job cost structure. Install it ahead of that and it produces numbers nobody trusts, which is worse than the problem you started with.
