WATCH Our Work in Progress (WIP) Workshop and Achieve Financial Clarity!
For full-service restoration contracting companies, WIP Accounting is essential. Without it, you might experience highly profitable months (when you invoice) followed by months with significant losses (when you pay for materials or labor). When these two aspects don’t align, it creates a nightmare for your company’s financial visibility. By mastering WIP accounting, you can accurately recognize revenue at the time when expenses and work actually occur.
Who: Restoration Business Owners and Accounting Departments
Why: Financial clarity is one of the biggest advantages and must-haves to growth
How: On-Demand attendance for your convenience and pocketbook
Cost: Sponsored by Xcelerate… because we are committed to Contractors' Growth
What: Free downloadable worksheet so you can take action immediately!
When: On Demand!
Benefits:
- Enhanced visibility
- Decreased A/R days and improved cash flow
- Access to a downloadable Excel template for easy execution
- Early identification of problematic and over-budget projects
- Comprehensive training and an opportunity for Q&A
WATCH ON DEMAND NOW!
What You'll Learn:
WIP Accounting
Understand the nuts and bolts of work-in-progress restoration accounting and how it can drive your success.
Boost Your Control:
Learn how to leverage WIP accounting to maximize your revenue and enhance the financial control of your restoration business.
Financial Clarity
Gain a clear, comprehensive view of your restoration business's financial health, helping you make smarter decisions.
Expert Guidance
Benefit from our experienced restoration industry expert, Rachel Stewart, who will guide you through every step of your WIP accounting journey.
WANT TO LEARN MORE?
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SCHEDULE A DEMO