Construction WIP Reports: What Builders Need for Banking and Bonding
A Work in Progress report is the financial schedule that shows how much revenue you've earned on active jobs versus how much you've billed. Most builders at $500K–$3M don't produce one — and it's exactly what your bank, bonding company, and GC clients ask for when you want more capacity. Here's what WIP measures, why it matters, and how to build the schedule in under two hours.