What if the biggest leak in your construction business wasn’t in your pipes, but in your books?In this episode of The Builder’s Edge, we expose a hidden accounting mistake that’s draining the bank accounts of nearly 9 out of 10 builders: the miscalculated Work In Progress Adjustment (WIPAA). You’re working hard, winning jobs, and sending invoices, but if you’re not tracking this one financial metric correctly, you could be handing tens of thousands of dollars to the IRS that you don’t actually owe.We’ll break down the WIPAA in simple, real-world terms so you can finally make sense of how your revenue, expenses, and progress align. From understanding the difference between billed and earned revenue to knowing why cash in the bank does NOT mean profit, this episode is your builder’s guide to accurate accounting that protects your bottom line.In this episode, you’ll learn:Why 88% of builders are overpaying on their taxes, and how not to be one of themWhat the Work In Progress Adjustment (WIPAA) is and how it worksA step-by-step formula to calculate your percent complete and earned revenueHow to spot overbilling and underbilling before they hurt your businessWhat to do if your accountant isn’t familiar with construction-specific reporting“Taxes on fake profits can bury a construction business.”Don’t let bad books rob your business. Subscribe now, share this episode with your builder crew, and head to D&D Business Systems for more resources to sharpen your financial edge.Learn more about Deanna Lucas through the following links:DND WebsiteFacebook GroupFacebookBuilders Visibility Blueprint

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