Construction job costing software with live P&L
Budgets, change orders, purchase orders, expenses and pay applications on every job, with the margin worked out as the costs come in rather than at month end.
How job financials works in WorkHoist
9 stepsEvery job’s money in one place
Value, billed, collected, outstanding and forecast margin across the company, with margin by project and six months of cash flow.
Where each job stands
On every job: contract value, budget, committed, actual and billed, the cost position against budget, and the billing position with retainage held.
Budget against actual, line by line
Each budget line shows estimated, approved changes, revised budget, actual to date, committed and projected final, by category or by cost code.
Change orders priced as you type
Enter your cost and markup and the owner price and margin show as you go. Submit it, approve it, and the budget updates for its category.
Purchase orders against the job
Raise a PO with the vendor and its lines against the job and send it for approval. Numbers run PO-001, PO-002 and on for your company.
Expenses with the receipt
Log a cost against the job with a photo or PDF of the receipt. Expenses from field crew and subs wait for approval before they count.
Progress billing on the schedule of values
Bill this period against each line of the schedule of values. Retainage and net payable are worked out, and the invoice prints as an AIA G702/G703.
A P&L you can hand to the accountant
Revenue, direct job costs by category and margin for any period, compared with the prior period or the budget, and exported to a workbook with a sheet per project.
Work in progress, job by job
Contract, estimated cost, cost to date, earned revenue, billed to date and over- or under-billing for every job, exportable as a CSV.