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.

 Work in Progress Reporting

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.

What is Work in Progress?
Why Choose Link?

Why Choose Link?

See it in action

WIP Movements

Customer Stories

Link simplifies practice management for high-performance accounting firms by not half-solving problems.

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