Work in Progress Reporting
Work in Progress is the backbone of every report in Link, not a disconnected number that shifts depending on where you look.
Built on a true WIP equation, our reporting stays fully reconciled across every view, so client, job, team, and period reporting always align.
That means you can slice and analyse WIP in any direction with complete confidence in the numbers.
1 What is Work in Progress?
Put simply, Work in Progress is time that is not yet invoiced. It’s an asset to you that can be exchanged at any point for an invoice with your customer, which is another type of asset to you. When this invoice is paid, it becomes cash in the bank, which is another type of asset. Probably the best of asset you can have in business.
Because Work in Progress typically turns into cash in the bank, it makes it very important to manage and track. We want to turn our work in progress into cash as fast as possible.
Work in progress can be expressed as a equation which allows us to track the movements of Work in Progress throughout a period.
Opening WIP + Time Added + Disb. Added - Invoiced + Net Writeups = Closing WIP
What is interesting about this equation is that it is, in fact, a equation. It balances. It reconciles.
This means you can isolate any part of the equation to analyse it, knowing the data is accurate. As a result, you can assess Net Write Ups by team member, client, or service with full confidence that every number is derived from a reconciled WIP equation.
Why Choose Link?
Choose Link because your WIP reports should do more than show a balance. Most systems can tell you how much WIP exists, but they struggle to explain what changed, where the movement came from, and how that performance connects across clients, jobs, teams, tasks, invoices, and timesheets.
Link is built around ledger-level WIP reporting, giving firms a clearer and more reliable view of their operations. Opening WIP, closing WIP, invoiced values, write-ups, write-offs, average hourly rates, and recovered rates all connect back to the underlying work being done. That means partners and managers can trust the numbers instead of wasting time trying to reconcile reports that do not line up.
With Link, WIP becomes a performance tool, not just an accounting balance. You can see where profit is being protected, where recoverability is slipping, and where action needs to be taken before the damage is buried in a final invoice.
Looking at another solution?
Pump the brakes! Most reporting tools can show you a WIP balance. The real test is whether they can prove how that balance was calculated, where the movement came from, and whether the numbers reconcile across the firm. Here are five ways to test the accuracy and functionality of any WIP reporting system.
LINK
WIP balance reconciles to Xero Practice Manager every day Accurate opening and closing WIP for previous periods Invoice values reconcile between client, job & team reports Invoiced & write-up values are visible for every timesheet Average rates available by Staff, Client, Jobs & Tasks
Other Solutions
WIP values change historically in previous periods Unable tp provide opening or closing WIP balances Invoice values change depending on the reports you look at Write-ups unable to be viewed at a timesheet level Average rates unable to provide clear calculations
Customer Stories
Link simplifies practice management for high-performance accounting firms by not half-solving problems.
Select the customer below to hear their story.
Adam Bird, Director“Link has helped with our pricing of our fixed fees, as we have a clearer idea of what is involved and where the leakages are.”
Tyler Rice, Director“Our organisation’s growth, scheduling visibility, and client and team satisfaction can all be attributed to working with Link.”
Phoebe Meares, Head of Operations“You can get the visibility you need quickly and make impactful decisions in a fast-paced environment.”
Emma Kenny, Director“The goals we set for lifestyle balance, early job filing and workflow efficiencies have come to fruition. The team hit 90% completion with 3+ months to spare and was fully filed a month before fiscal-year-end. This meant the team earned paid time off on Fridays from Jan–March… there was no EOFY rush.”
See for Yourself
Explore how Link delivers Work in Progress reporting in a live, self-guided demo.