How To Calculate WIPAA
How To Calculate The Work In Progress Accounting Adjustment For A Construction Company.
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69% of businesses believe they have made a significant business decision based on out-of-date or incorrect financial data.
― BlackLine
You know how confusing it is when you look at the profit in your accounts each month?
One month it’s high. The next month you’ve lost money.
It makes no sense.
You’re not alone. It’s an unspoken problem faced by virtually every residential home builder.
Which is why we created a mini training program for custom home builders covering how to calculate work in progress for a building company.
When you have it you’ll discover…
- How to produce monthly financial reports that are 100% accurate without using a bookkeeper.
- The difference between ‘Workflow’ and ‘Work In Progress’ (hint: It’s not what you think)!
- The #1 secret that the world’s most successful builders are using to stay in business for 20+ years.
- The one tool virtually every successful builder uses on a monthly basis (and how you can download it for free).
- How to take control of your building company’s future and avoid feeling confused about your financial position.
- Why you should STOP relying on your accountant to calculate work in progress immediately!
- How to determine the exact net worth of your building company and avoid relying on your accountant to tell you.
- INCLUDES A FREE WIPAA CALCULATOR.
"My understanding of accounting isn’t good. This helps!"
- Mark Walters, Walters Lakefront, Construction Canada
"This will answer some questions I've had. I just didn't have a means to calculate the numbers."
- Dave Tucker, D & D Custom Homes, United States
"I liked the simplicity. It's a quick and reliable check on where you are really at financially."
- Tom Jeffrey, Smith & Sons (Wollongong), Australia
"It's Like Netflix For Builders"
As well as the course covering How To Calculate WIPaA, you also get instant access to all of these great courses when you become a member of the Association of Professional Builders.
Other Courses Included With APB Membership
"One in four startups close down within their first year, in many cases due to poor financial management." ― Australian Bureau of Statistics
When it comes to calculating the most important number in your accounts, you have 2 options:
Option 1 is to spend hours or your valuable time trying to figure out what works through trial and error...
Alternatively you can take the easy option and follow a step-by-step guide with downloadable templates for less money than it costs most builders to acquire a single lead!
And when you join the Association of Professional Builders you have a money back guarantee so there is no risk to you whatsoever!
You can go through the course at your own speed and ask questions from inside the portal.
Don’t miss out!
Click on the button below to join The Association of Professional Builders today!
But don't just take our word for it, check out what these builders think of the information waiting for you inside the Association of Professional Builders...
You're not alone.
When you join the Association of Professional Builders you can connect with other like-minded professional builders from Australia, New Zealand, Canada and the USA in our private members only Facebook group.
Your Coach
Business Operations Specialist & Co-founder of the Association of Professional Builders.
Sky takes complex business strategies and converts them into actionable step-by-step guides for building company owners.
Course Curriculum
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StartWhat Is The Work In Progress Accounting Adjustment? (15:07)
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Start[Download] WIPAA Calculator
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StartHow To Use The WIPAA Calculator (23:40)
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StartJournal Entries (5:15)
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StartMonitoring WIPAA Monthly (10:09)
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StartWIPAA In Real Building Companies (19:43)
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StartWIPAA FAQs (6:04)
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StartExam
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StartRate The Course
