Know What's on Your Floor And What It's Worth
Most manufacturers estimate WIP at month-end based on incomplete data—then spend hours reconciling when the numbers don't match expectations. Jolted tracks work-in-progress by job in real time, so you always know what's billable, what's stuck, and how much capital is tied up on your floor.
Real-Time
WIP Value
By Job
Visibility
0
Guesswork
THE WIP PROBLEM
Stop Guessing at Month-End
Current WIP Reality
WIP value is a guess at month-end based on incomplete data
Accountant asks for WIP valuation and you spend days piecing it together
No visibility into which jobs are consuming the most capital
Stuck work sits on the floor without anyone noticing
Spreadsheet WIP calculations require manual labor hour tracking
Financial statements have WIP that doesn't match reality
Jolted WIP Tracking
WIP value calculated in real time from actual job costs
WIP reports available on demand—click to export
Dashboard shows WIP by job, customer, and product type
Aging report highlights jobs with no progress in X days
Labor and material tracking feeds WIP automatically
Accurate WIP for financial statements you can stand behind
WIP AS A BYPRODUCT OF JOB COSTING
Accurate WIP Requires Accurate Job Costing
WIP value is the sum of labor and materials invested in incomplete jobs. Without real-time job costing, WIP is always a guess. With Jolted, WIP is calculated automatically from the same data that powers job profitability—one system, consistent numbers.
Real-Time
WIP Valuation
Floor value updates as labor and materials are logged
Job-Level
WIP Breakdown
See exactly which jobs are consuming capital
Aging
Visibility
Identify stuck jobs before they become major problems
See how much spreadsheets are costing your shop
Calculate Your SavingsWIP CAPABILITIES
Complete Work-in-Progress Visibility
From floor to financial statements
Accurate WIP Valuation
WIP value calculated from actual labor and material costs per job—not estimates or assumptions. Know your true floor investment.
Job-Level Visibility
See WIP broken down by job. Identify which jobs are consuming capital. Spot stuck work before it ages into a problem.
Real-Time Updates
WIP value updates as labor and materials are logged. No waiting for month-end counts or accountant calculations.
Cash Flow Clarity
Understand how much working capital is tied up in production. Make better decisions about job priorities and customer commitments.
Financial Reporting Ready
Export WIP data for financial statements and tax reporting. Give your accountant accurate numbers instead of guesses.
Connected to Job Costing
WIP tracking is a byproduct of job costing—not a separate system to maintain. One data source, consistent numbers.
WIP IS PART OF JOB COSTING
How WIP Tracking Works With Job Costing
Labor Tracking Feeds WIP
When workers clock time to a job, that labor cost is added to WIP. The same data that shows job cost progress also calculates WIP value—no duplicate entry or separate calculations.
Material Issues Build WIP
Materials logged to jobs become part of WIP value. As material costs add up per job, your total floor WIP reflects actual investment—not estimated usage.
Completion Clears WIP
When jobs ship and invoice, they move from WIP to revenue. The transition is automatic and auditable—you can see exactly when and how WIP cleared.
FAQ
WIP Tracking for Manufacturing: FAQ
How does Jolted calculate WIP value?
WIP value is calculated from actual job cost data: labor hours logged to each job (at configured labor rates) plus materials issued to each job. As work happens, WIP updates automatically. When a job ships and is invoiced, it moves from WIP to revenue. The calculation matches accounting treatment of manufacturing WIP.
We currently estimate WIP at month-end. How is this better?
Month-end estimation involves guessing completion percentages and applying those to job values. It's labor-intensive and often inaccurate. Jolted tracks actual costs as they're incurred. WIP value at any moment reflects the real labor and material investment in each job—no guessing required.
Can I see which jobs are stuck?
Yes. WIP aging reports show jobs by how long since last progress. A job with high WIP value and no activity for two weeks is a problem—either stuck in production or forgotten. This visibility helps you address issues before they become major financial problems.
How does this help with cash flow?
WIP represents working capital tied up in production. High WIP relative to revenue means you're funding a lot of work that hasn't been billed yet. With accurate WIP visibility, you can make better decisions about which jobs to prioritize, when to push for milestone billing, and how job starts affect cash needs.
What about partial shipments or progress billing?
Jolted handles partial completion scenarios. When you bill for partial work or ship partial quantities, that portion moves from WIP to revenue. Remaining work stays in WIP until completed and billed. The system tracks this automatically based on your billing entries.
How accurate is the WIP value for financial statements?
WIP value from Jolted is typically more accurate than manual calculations because it's based on actual data capture. Labor hours are logged when worked, materials tracked when issued. Most accountants prefer this to percentage-complete estimates. Export WIP summaries for your accountant to use directly.
Does this integrate with job costing?
WIP tracking is inherently part of job costing in Jolted. When you track labor and materials per job for costing purposes, WIP calculation happens automatically. There's no separate system or additional data entry. Accurate job costing equals accurate WIP—they're two views of the same data.
Stop Guessing at WIP
Know exactly what's on your floor and what it's worth—every day, not just at month-end. WIP visibility that comes from accurate job costing.
Real-time WIP valuation
Job-level WIP breakdown
Aging reports for stuck work
Financial reporting ready
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