EdgeStrat Free Tool

WIP & Billing Check

Pick one job in progress. See whether you're over- or underbilled, how much cash the job has used, and what's tied up in retention and unsigned change orders.

The job
$
Include approved change orders.
$
Your estimated total cost when you bid it.
%
Your best guess of work actually done.
Costs and billing to date
$
All costs posted to this job.
$
Total invoiced, before retention.
%
Also called retainage. Usually 0%, 5% or 10%.
Optional, for a sharper answer
$
Payments received. Leave blank to assume every invoice is paid.
$
Leave blank if you expect to finish on budget.
$
Extra work requested or done, not yet approved in writing.

Revenue earned to date
Cash position on this job
Retention held
Bid margin → projected

Two ways to measure progress

You estimate
Your costs say

What to check on this job

See every flag + get the WIP Schedule (Excel)

Unlock every flag for this job, and download a WIP schedule to track billing, cash and retention across all your open jobs. Free.

Revenue earned uses your % complete. "Your costs say" divides spent so far by expected final cost (or your budget). Estimates for planning only, not accounting advice. Built by EdgeStrat Finance, bookkeeping and job costing for contractors.

FREE TOOL
WORK IN PROGRESS / EXCEL
FREE EXCEL TEMPLATE

WIP Schedule
Template

Know where every job stands.

Track job costs, billing, cash flow, and retainage in one organized Excel workbook. Get a clearer picture of your active projects and identify potential issues before they become bigger problems.

✓ Track multiple active jobs
✓ Monitor overbilling and underbilling
✓ Organize job costs and retainage
✓ Improve visibility into job cash flow
Download Free Excel Template ↗

Free Excel workbook. No purchase required.

EDGESTRAT FINANCE

WIP Schedule

XLSX
JOB % COMPLETE BILLING
Project 001 75% On Track
Project 002 45% Review
Project 003 90% On Track
Project 004 30% Review
YOUR JOBS. YOUR NUMBERS. ONE VIEW.

Illustrative preview — not actual workbook data.