WIP Reports for Construction: Overbilling vs Underbilling скачать в хорошем качестве

WIP Reports for Construction: Overbilling vs Underbilling

Struggling with construction cash flow? Only 7.6% of builders truly understand WIP reports — but mastering this critical tool can transform your project finances. Learn how Work-In-Progress reports reveal whether you're overbilled or underbilled and discover why project managers are essential to accurate WIP reporting. In this guide, you'll discover: What WIP reports are and why they matter for contractors The difference between overbilling and underbilling Key WIP report elements: contract amount, costs to date, percent complete Why cost-to-complete accuracy is critical How to run effective WIP meetings with your team The role of project managers in construction accounting If you're a contractor using construction accounting software like FOUNDATION®, understanding WIP reports helps you prevent profit fade, improve billing accuracy and keep projects funded properly. Stop financing your own jobs — let your customers fund the work through strategic overbilling while maintaining accurate financial reporting. Links: Subscribe to Foundation Software:    / @foundationsoft   Free FOUNDATION® Software Demo: https://www.foundationsoft.com/#sched... Related Resource: https://www.foundationsoft.com/learn/... Related Video:    • How to do WIP Reports in Construction: FOU...   #WIPReport #ConstructionAccounting #Overbilling #Underbilling #ConstructionSoftware #JobCosting #FoundationSoftware #ProjectManagement