Do you really know your WIP?
Enter four numbers from any open job and its full WIP position updates as you type. Percent complete, earned revenue, over or under billing, profit, and backlog, all at once. Nothing is saved, nothing is sent anywhere.
Estimated total cost to complete, overhead included.
Job-to-date costs, what you have spent so far.
Job-to-date billings, what you have invoiced so far.
Fill in all four and the numbers update as you type.
This is the WIP math we run on every open job, every month. Here it is once, by hand.
Book a CallHow this is calculated
Percent complete is JTD costs divided by budget, the cost-to-cost method a WIP schedule runs on. Earned revenue is that percent of the contract value. Over or under billing is JTD billings minus earned revenue, so billing ahead of the work reads as overbilled and billing behind it as underbilled. Project profit is contract value minus budget, backlog is contract value minus what you have billed, and est. to complete is the budget you have left.
This is a single-job snapshot, not a full WIP schedule across your whole book. It leans on your budget as the estimate to finish, so it is only as good as that number. It is enough to show whether a job is quietly borrowing cash or leaving it on the table, and whether the profit still holds.