Projul + G+F: Construction Accounting Partner for Contractors

Plenty of contractors are busy and still short on cash. The schedule is full, the backlog looks great, and yet payroll week is stressful and nobody can say for sure which jobs actually made money.

That’s the problem G+F Business & Financial Consulting works on, and it’s why we’re excited to announce that G+F is now a Projul partner.

Who Is G+F Business & Financial Consulting?

G+F Business & Financial Consulting is a construction accounting firm based in West Palm Beach, Florida, serving contractors across the country. Their focus is simple: help contractors turn revenue into real profit, and get their financials strong enough to support bonding, financing and bigger contracts.

The firm is led by Timothy Wingate Jr., EA, an Enrolled Agent authorized to represent taxpayers before the IRS. He is also a QuickBooks Certified ProAdvisor and an active member of CFMA (the Construction Financial Management Association). Timothy is the author of Blueprints of Success, a financial playbook for contractors, and has been a guest on construction industry podcasts including the Construction Genius Podcast and The Building Code.

G+F works with commercial HVAC and mechanical contractors, commercial and municipal builders, flooring and specialty trades, and residential remodelers who are growing into commercial or public work.

What G+F Does for Contractors

G+F goes beyond reporting what happened last month. Their work is built around showing contractors what is happening inside each job.

• Job costing. Which jobs are making money, which are losing it, and whether your pricing really covers your overhead.
• WIP reporting. Work-in-progress schedules that show over- and under-billing, so you’re not surprised at the end of a job.
• Cash flow management. Why a profitable company can still run short on cash, and what to change in billing, collections and payment terms.
• Bookkeeping, accounting and tax. Clean books, catch-up work when records have fallen behind, tax compliance and tax strategy.
• Bonding and lending readiness. Building a balance sheet that sureties and lenders can underwrite, so you can bid bonded and public work.

G+F shares client examples on its site. In one, the firm corrected three years of bookkeeping errors for a commercial HVAC contractor, filed missed returns, and helped the company get its first surety bond for school district work. In another, they cleared more than 2,600 uncleared transactions and helped a contractor secure surety limits for a college project.

Why Projul and G+F Work Well Together

Good construction accounting depends on good job data. If time, materials, change orders and invoices aren’t tied to the right job, even the best accountant ends up guessing.

That’s where Projul fits in. Projul tracks the field and office side of every job:

• Estimates and change orders tied to each project
• Time tracking by job, with geofencing
• Budgets and job costing that compare estimated and actual costs as the job runs
• Invoicing and progress billing
• QuickBooks integration for QuickBooks Online and Desktop

Projul keeps the job data accurate as the work happens. G+F turns that data into job costing, WIP schedules, cash flow plans and financials you can take to a surety or bank. Together, contractors get a clear view from the job site to the balance sheet.

Who Should Talk to G+F

G+F is a strong fit if any of these sound familiar:

• Your revenue is growing but profit and cash aren’t keeping up
• You’re not sure which jobs or job types actually make money
• Your books are behind, or you’ve outgrown your current bookkeeper
• You want to bid bonded, public or commercial work and need financials that will hold up
• You’re heading into tax season without a clear plan

Get Started

To talk with G+F, schedule a strategy call on their website, email info@gplusf.com, or call 561-247-0754. You can also find G+F in the Projul partner directory.

If you want your job data in shape before that conversation, book a Projul demo and we’ll show you how job costing and QuickBooks sync work in Projul.