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Multiple WIP accounts with Progress Billing

  • 12 May 2023
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In the construction edition using Progress Billing is there a work around to use multiple WIP accounts?  We currently set up our projects with multiple costs codes using different account groups to each Task.  We want to use WIP for proper accounting, however the issues lies when we go to invoice a project task we can only select 1 WIP account group to apply reversing transactions.  This means all of our project transactions (material, labor, other) must be grouped in to a single WIP account to ensure all these transactions are reversed upon invoicing.  We then loose transparency of the project costing having only a single costing account to view until invoiced.  This doesn’t seem to be a problem using Time and Material billing method, because we don’t have to select a single WIP account on the project task.

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Best answer by Heidi Dempsey 12 May 2023, 18:12

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@stracey  Thanks for the question.  When using Progress Billing and non-billed WIP account, there is only one in the system.  Do you use the AIA?  If not, maybe we could help you use a T&M billing rule which would allow multiple WIP accounts.  The ability to have multiple non-billed WIP account would be a good suggestion for the Ideas page so our developers and PM’s can review and see how many votes it gets.

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