THE ONE DOCUMENT YOUR BONDING CAPACITY RIDES ON
Your surety reads the WIP schedule before it decides what you can carry. Your bank reads it before it lends. Here is the template, free, with the math already in it.
Fill in five figures and a job name per job. The file calculates the rest.
WHAT A WIP REPORT IS AND HOW IT WORKS →
WHAT IS ACTUALLY IN THE FILE
Six columns you fill in. Eight the file works out for you. Nothing hidden in a tab you have to go find.
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A job lands in underbilled or overbilled, never both.
BILLED AHEAD, OR BEHIND THE WORK
The file splits your billing position into two columns, and every job lands in one of them. Here is what each side means for your cash, and what gets read into it.
The file keeps them apart because your balance sheet does. One is an asset. The other is a liability. They do not net out into a single figure.
THIS FILE WILL STOP WORKING. HERE IS WHEN
The template is real work for a handful of jobs. Past that, it fails in the same four ways every time, and it is worth knowing them before you are relying on it.
GET THE TEMPLATE. THEN GET IT CURRENT
The file is yours to keep. When the retyping stops being worth the hour it costs you, the same numbers can come from the work itself.
Download the template and run your own jobs through it. When you want the cost to date and the billings behind it to update without anyone rebuilding the schedule, that is what Linarc does. Linarc generates this same report inside the platform, downloadable and emailable to your bond agent.
Is the template free?
Yes. It is gated behind a short form, not a payment. Download it, keep it, use it on as many jobs as you want.
What format is it in?
A spreadsheet with the calculated columns locked. Input columns are yellow, calculated columns are grey.
Do I need Linarc to use it?
No. The file stands on its own and works from figures you can pull out of QuickBooks Online and Sage Intacct today.
How many jobs can it handle?
The file ships with room for twenty jobs and a totals row across all of them. If you are running more jobs than fit in one clean spreadsheet, that is the file telling you something, and it is covered in the honest section above.
Where do I get cost to date and billings to date?
From your accounting system. Each input column in the file notes the source so you are not guessing at the mapping.
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