Job Costing and WIP — the two reports that tell you whether you're actually making money on your projects. Free templates built specifically for contractors.
What's Included
Job Costing Spreadsheet
Track labor, materials, subcontractors, and overhead per job. Know your true profit on every project before it's too late.
Work in Progress (WIP) Report
Compare % of work completed vs % billed on each active job. Stop overbilling or underbilling without knowing it.
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FAQ
Job costing tracks all costs (labor, materials, subs, equipment) for each individual project. It tells you whether you're actually making money on a job — not just whether you got paid. Without it, you can finish a year profitable but have no idea which jobs made money and which ones bled you dry.
A Work in Progress (WIP) report compares how much of a job you've completed versus how much you've billed. If you're 70% done but only billed 50%, you're underbilling — which hurts cash flow. If you're 50% done but billed 80%, you're overbilling — which creates liability down the road. WIP keeps you honest and avoids surprises.
Yes. These templates are standalone Excel files that work alongside your accounting software. They're designed to help you track job-level data that QuickBooks doesn't handle well out of the box — especially for contractors.
If you run multiple jobs at once, yes. Job costing tells you profitability per project. WIP tells you whether your billing is aligned with your progress. Together, they give you full visibility into your financial position on every active job.
That's common. Most contractors who download these realize within 60 days that they need help. When you're ready, we can set up proper job costing and WIP reporting inside your accounting system — so it updates automatically instead of requiring manual entry.
Want it done for you?
When you're ready to stop managing spreadsheets and start getting real financial clarity, we're here.