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WIP Inventory Tracking

Know Your Floor Investment in Real Time

Work-in-progress inventory represents cash tied up in production. Jolted tracks WIP value automatically as labor and materials flow into jobs. Know exactly how much money is on your floor.

Real-Time

WIP Value

By Job

Breakdown

Automatic

Calculation

THE WIP PROBLEM

How Much Money Is Sitting on Your Floor?

WIP Visibility Problems

You don't know how much money is tied up in WIP at any given time

Month-end WIP calculations are a manual nightmare

Jobs sit unfinished, tying up cash you forgot about

Material usage isn't tracked accurately to jobs

Your accountant asks for WIP data and you scramble to estimate

Jolted WIP Solutions

Real-time WIP dashboard shows total value at any moment

WIP calculates automatically from production activity—no manual work

Aged WIP reports flag stale jobs that need attention

Material issue tracking captures consumption as it happens

WIP reports ready for accounting at month-end, quarter-end, or anytime

WIP CAPABILITIES

Complete WIP and Inventory Visibility

Track every dollar from raw material to shipped product

Real-Time WIP Valuation

See total WIP value update as labor and materials are added to jobs. Know your floor investment at any moment.

WIP by Customer/Job

Break down WIP by customer, job type, product line, or any category you track. See where capital is concentrated.

Material Tracking

Track raw materials from receipt to issue to job. Know what you have, where it is, and what it's costing.

Simple Issue Tracking

Workers scan or log materials as they issue to jobs. Builds accurate consumption data without complex transactions.

Aged WIP Reports

Identify stale jobs tying up capital. See how long WIP has been sitting by job or stage.

Cost Absorption

Track how labor and materials absorb into WIP. See unabsorbed costs that impact your financials.

RESULTS

Manufacturers Uncover Hidden Cash

$150K

Average WIP

Typical floor investment discovered

20%

Aged WIP

Often sitting unnoticed

Real-Time

Visibility

WIP value at any moment

"We had no idea we had $200K sitting in unfinished jobs. Jolted showed us exactly where it was. We cleared 30% of it in the first month."

Kevin Brown

CFO, Brown Manufacturing Group

"Month-end WIP calculations used to take our accountant two days. Now it's a click of a button."

Angela Torres

Controller, Precision Parts Inc.

FAQ

WIP Inventory Tracking FAQ

How does Jolted calculate WIP value?

WIP equals labor cost plus material cost plus allocated overhead for each active job. As workers log time and materials are issued, WIP updates automatically. When jobs ship, WIP moves to cost of goods sold.

Yes. See WIP value broken down by operation or stage within each job. Identify where in your process the most capital is tied up.

Track inventory by location and job. When materials are issued to a job, they move from raw inventory to WIP. You can log issues with barcode scanning, manual entry, or at production stages.

When jobs complete, they can move to finished goods inventory before shipping. Track finished goods value and age separately from WIP.

Make adjustments when actual costs differ from tracked costs. Adjustments flow through properly for accurate financial reporting.

Export WIP reports and summaries for import to your accounting software. Journal entry formats available for common systems. Direct integrations with QuickBooks available.

See Your WIP Value Right Now

Stop guessing how much money is tied up in production. Get real-time WIP visibility with automatic tracking.

Real-time WIP valuation by job

Material tracking from receipt to issue

Aged WIP reports for cash management

Accounting-ready WIP summaries

No credit card required

14-day free trial

Setup in 5 minutes