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Invoices Receipts & expenses Progress claims Retentions Aged receivables WIP and profit Job Costings Timesheets Pay runs

WIP & job profitability

Per job: quoted vs committed vs invoiced vs paid vs actual cost, with margin and WIP — work done but not yet invoiced. All figures ex-GST.

Quoted (open jobs)
$1,577.00
Invoiced
$0.00
Actual cost
$1,225.68
Margin
$351.32 (22%)
WIP — unbilled
$1,577.00
Margin leakage
$617.50
JobQuotedCommittedInvoicedPaid Actual costMarginWIP (unbilled)Unpaid
J-1001 Kitchen rewire & switchboard upgrade in_progress $1,577.00 $0.00 $0.00 $933.18 $643.82 41% $1,577.00
J-1002 Hot water service swap in_progress $0.00 $0.00 $0.00 $112.50 $-112.50
J-1003 Downlight install — Smith in_progress $0.00 $0.00 $0.00 $180.00 $-180.00
J-1004 Safety inspection scheduled $0.00 $0.00 $0.00 $0.00

WIP (unbilled) = quoted value minus invoiced, for jobs that have started. Margin leakage = cost/charge overrun against the job's estimate. Actual cost = labour at wage rates + receipts + committed supplier costs.