Not an accounting formality. A read on whether each job is ahead or behind, and by how much.
The percentage-of-completion math underneath every WIP report.
The single most common reason a WIP disagrees with the books is mixing two things that do not belong together.
Most contractors can produce a WIP. The trouble is when they get it, and whether they trust it.
Linarc is where the schedule, the field, and the cost meet, so the numbers your WIP turns on stay live instead of reconciled monthly.
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Want to run the math now? Download a free WIP schedule template built for growing commercial contractors.
Calculates the eight numbers from the five figures you type in, with the calculated columns locked so a stray click cannot break a formula.
Every column notes where the number comes from in QuickBooks, so you are not guessing at the mapping.
Yours to keep, and a clear picture of where a spreadsheet stops working once you are running several jobs at once.
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From the controller building the schedule to the owner who has to defend it.

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One connected platform, from the field to the books, so earned revenue and over/under billing stay current across every job.
Request a demo, or start with the free WIP template.
No. Linarc is where the project data lives: the schedule, progress, cost, billings, documentation. It syncs with QuickBooks Online and Sage Intacct so your accounting system works from the same numbers instead of a separate set.
In Linarc, percent complete comes from the progress recorded on the job, against the schedule of values or the schedule. That progress drives earned revenue and the over- and underbilling column in the WIP report.
Cost is tracked against your budget and cost codes on the job, and approved billings flow through automatically, so the figures behind the math live with the project instead of scattered across files.
The WIP report sits under Finance at the company level, so every active job is in one view instead of pulled job by job. It is built from the contract, cost, and billing figures already tracked on each job, which is where the earned revenue and billing position come from. Download it as PDF or Excel when your surety asks for it.
Yes. Open the WIP report under Finance at quarter close, download it as PDF or Excel, and you have the position on file to send to your bond agent, lender, or CPA.
Subcontractor progress reporting is part of how the data stays current; subcontractors report progress and share it with the general contractor for review and approval. Field adoption is the point: if field leaders do not use the system, the office never gets clean data.
Lia reads the plan set, spec book, and prime contract and drafts the submittal log, revision comparison, and contract terms, each line traced to its source. The contractor approves every one before it enters the record.