@Damien1, this is a great question that deserved a real answer. The double-counting issue you describe is a classic completed contract method problem.Under comp...
For anyone landing here looking for QBO specifically (which several people in this thread asked about): QBO does not have a native WIP report.The QBO approach t...
The WIP close-out process depends on whether you're using completed contract or percentage of completion method.For completed contract (most common with smaller...
@Samuel Torres III: a few things that might help before you rip it all out.The "not specified" payroll cost problem on projects that several people in this thre...
Short answer: QBO cannot generate a WIP report natively. It's the single biggest gap for construction companies on QBO, and even the new Enterprise Suite (launc...
