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WIP

A WIP schedule your controller and surety actually trust

Cost-to-cost work-in-progress by department and location, with over/under billing, month-end snapshots, and a company-wide schedule across every active project, built on job-cost actuals that reconcile to the document.

Cost-to-cost WIP, straight from the ledger

A WIP schedule is only as good as the numbers under it. SitewideOps computes cost-to-cost work-in-progress from the same source-document job-cost ledger your project managers read: contract from the schedule of values, percent complete as actual cost divided by estimated cost, earned revenue as percent times contract, then over/under billing against what you've actually billed.

Because the actuals are estimate-free, the percent-complete driving your earned revenue is defensible. Your controller can trace any row back to the documents behind it, and the WIP schedule can't quietly disagree with the job-cost report. They're the same numbers.

What you get in the WIP schedule

Everything a controller needs to close the month and a surety needs to underwrite the work.

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Cost-to-cost method

Percent complete is actual cost over estimated cost; earned revenue is percent times the SOV contract. Standard, auditable, and computed live.

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Over/under billing

Earned revenue against billings gives billings-in-excess and costs-in-excess per project: the numbers that swing your balance sheet at month end.

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By department & location

WIP breaks out per department and location pair, so a project split across branches shows where the work (and the margin) actually sits.

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Month-end snapshots

Save a WIP snapshot to freeze the schedule for the period. The live tab stays current; the snapshot is your reviewable month-end artifact.

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Company-wide schedule

One schedule across every active project with a KPI strip (contract, earned, billed, under, over) and a company total row that ties out.

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Ties to job costing

WIP totals come from the unfiltered cost ledger, so every project row matches that project’s own cost report to the penny.

Built for bonding and banking reviews

When your surety or bank asks for a WIP schedule, they're checking whether your billings are keeping pace with your costs and whether your reported margins are holding up as jobs progress. A spreadsheet rebuilt by hand each month invites questions you don't want to answer.

SitewideOps gives you a company-wide WIP schedule you can generate on demand, snapshot at close, and trace back to source documents. Over-billing and under-billing are calculated per project and rolled to a company total, with any unattributable actuals disclosed rather than smeared, the kind of transparency that makes a bonding review go faster.

New to building one? Our guide to building a WIP schedule walks through the cost-to-cost method line by line.

The WIP schedule is downstream of good job costing. Get the cost ledger right and WIP follows automatically: same actuals, same cost codes, no second set of books.

Frequently asked questions

What WIP method does SitewideOps use?
Cost-to-cost. Percent complete equals actual cost divided by estimated cost, earned revenue equals percent complete times the schedule-of-values contract, and over/under billing compares earned revenue to what you’ve billed.
Can it break WIP out by branch and trade?
Yes. WIP is computed per department and location pair, so a project running across multiple branches shows earned revenue and over/under billing where the work actually sits, then rolls up to the project and company totals.
Can I lock a WIP schedule for month-end?
Yes. Save a WIP snapshot to freeze the period’s numbers as a reviewable artifact. The live WIP tab keeps recomputing as costs post, so you always have both the frozen close and the current picture.
Is there a company-wide view for our surety?
Yes. The company-wide WIP schedule shows one row per active project with a KPI strip and a company total row. Every row matches that project’s own WIP tab, and unattributable actuals are disclosed instead of hidden.
Will the WIP numbers match our job-cost report?
They have to: WIP is computed from the same source-document cost ledger, so the two can’t disagree. Any dollar in WIP traces back to a real document, which is what makes it hold up in a bonding or banking review.

Keep exploring

Close the month without rebuilding WIP by hand

See a cost-to-cost WIP schedule that snapshots at close and ties out to your job-cost ledger.

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