How Divorce Attorneys Can Leverage a Financial Advisor | Free Webinar
Register Now

Check your inbox for an email that also links to the Burdened Hourly Rate Calculator.

 
Contractor's Work in Progress (WIP) Calculator

Want more insight about your company’s financial performance than you can get from your balance sheet or income statement? Download this free Excel WIP calculator!

 

This calculator will help you:

  • Get critical information about the total value and progress of work at hand
  • Keep track of job progress
  • Keep up to date on the profitability of current jobs
  • Spot trends, like unrecorded change orders, that impact cash flow
  • Make billing more accurate and up to date
  • Identify overbilling or under-billing situations for each project
  • Improve relationships with creditors and surety providers
Contractors WIP Calculator 3D Laptop Screen
Get Your WIP Calculator

Get The Latest News For Contractors

View Articles

4 Ways for Construction Contractors to Minimize Their Chance of an IRS Audit

Thanks to a variety of industry quirks, construction companies are especially vulnerable to IRS audits. Learn how to avoid some common audit triggers.

5 Tips Contractors Should Know for Work in Process

A work in process (WIP) schedule is one of the most important financial tools for a contractor—and it may be underutilized. To ensure your construction company fully leverages WIP’s capabilities, here are five key tips that will help keep your WIP schedules in good order.

What Construction Contractors Need to Know About Backlog

Backlog is an important measure of the health of a construction company. Here’s what contractors need to know about backlog and how it can help (or hurt) their profitability.