Job Costing Masterclass for Builders

22 October 2024
Tue, 22 October 2024
10:00 AM to 11:00 AM AEST

Job Costing Masterclass for Builders

We recently hosted a webinar with our CFO Advisory Team, Daniel Wilkinson and Gayle Williams, Client Directors at Xact Accounting, where they discussed the critical process of job costing for builders. They highlighted how it helps defend profits, manage supplier costs, and prevent cashflow shocks. Many businesses still struggle to establish an effective system, so Daniel and Gayle guided attendees through the importance of job costing and provided practical steps to implement it seamlessly into their operations.

 

In this interactive session, we covered:

  • How automation and process solutions can set you up for an efficient Job Costing workflow
  • Strategies for holding suppliers accountable and preventing profit erosion
  • How to prevent cost over runs
  • Avoiding “cost blow outs” through better visibility on costs still to be incurred.
  • How Job Costing is the ultimate early warning system for protecting your profits

 

Participants seized the opportunity to gain a clear understanding of their job costs and took proactive steps toward boosting their project profits. By registering, they began the journey toward building a more financially sustainable business.

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Presenters

Daniel Wilkinson

Daniel Wilkinson

Partner and Client Director CPA, B.COM (ACC)

Read Bio

More Helpful Resources for Builders

  • WIP Accounting for Builders:

Xact Accounting Client Directors Daniel Wilkinson and Josh Robertson tackle the best practice approach to calculating Work In Progress (WIP) – an extremely important, yet often overlooked or miscalculated aspect of your financial position.

Watch here

 

  • Cashflow Workshop for Builders:

Xact Accounting Founder and CEO Mick Renton and Client Director Daniel Wilkinson walk builders through a working cashflow forecast and provide tips on how to get your cashflow under control!

Watch here

 

  • Building & Construction Accounting

Find more webinars and workshops, useful articles, and downloadable tools on our resources page!

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