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Invoices
Receipts & expenses
Progress claims
Retentions
Aged receivables
WIP and profit
Job Costings
Timesheets
Pay runs
WIP & job profitability
Accountant-grade WIP reportPer job: canonical revenue vs remaining commitment vs invoiced vs paid vs total cost, with margin and WIP — work done but not yet invoiced. Registered organisations exclude recoverable GST from costs; unregistered organisations include recorded supplier tax.
Canonical revenue
$1,577.00
Invoiced
$0.00
Total cost
$1,225.68
Margin
$351.32 (22%)
WIP — unbilled
$1,577.00
Margin leakage
$617.50
| Job | Contract value | Remaining PO | Invoiced | Paid | Total cost | Margin | WIP (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 | $0.00 | — | — |
WIP (unbilled) = accepted contract value (including variations) minus invoiced, for jobs that have started. Margin and canonical revenue use the Job Costings attribution model; revenue becomes raised invoicing when that exceeds the contract. Margin leakage = approved labour/material charge value above the job's labour/material estimate. Total cost = approved labour + actual materials and receipts + supplier bills + remaining raised purchase orders.