Construction Accounting

WIP, Job Costing & Financial Readiness for Contractors

Know where every project stands financially, with reporting that supports better decisions as your company grows.

Discuss WIP & Job Costing

In Plain Terms

What a WIP Schedule Shows

A work-in-progress schedule compares each open job's contract value, costs to date, estimated costs to complete and billings. In plain terms: it shows whether each job is on track and whether you have billed ahead of or behind the work.

Job Costing

Job Costing & Project Profitability

Good job costing means every cost lands on the right job, so you can see real margins.

Cost Tracking

Labor, materials, equipment and subcontractors assigned to each job.

Costs to Complete

Realistic estimates of what is left to finish each project.

Project Profitability

Margins by job, so decisions are based on real numbers.

Billing vs. Work

Underbilling & Overbilling

Underbilling means the work completed is ahead of what was billed; overbilling means billing is ahead of the work. Both affect cash flow and how the company looks on paper.

Cash

Working Capital

Working capital shows whether the company can comfortably fund its current jobs. WIP and job costing make the working capital picture more accurate.

Third-Party Requests

Financial Readiness

Organized WIP schedules and financial statements help when sureties, lenders or commercial clients ask for financial information. We do not promise bonding, financing or contract awards.

Getting Started