Free Beta — Construction Accountants

The WIP report
QBO forgot to build

ConstructWIP connects to QuickBooks Online and generates GAAP-compliant Work-In-Progress schedules automatically. Stop rebuilding the same Excel template every month.

"For proper WIP scheduling, you need three things QuickBooks doesn't track: contract value, cost-to-complete from the PM, and retainage separation. Managing this in Excel gets painful above 10 active jobs." — QuickBooks Community, construction accounting thread

No credit card. Connects to your existing QBO account.

8–12 hrs
saved per construction client
per month
$0
WIP tools built into
QuickBooks Online
500K+
US construction firms
using QuickBooks
10 min
to generate your first
WIP schedule
The Problem

QBO is great at accounting.
It can't do WIP.

A WIP schedule needs three data points QuickBooks simply doesn't track. Every construction accountant fills the gap the same way: a bespoke Excel file, rebuilt every month.

What a GAAP-compliant WIP schedule requires

What QBO gives you

  • Costs incurred to date per job
  • Billed amounts to date
  • General ledger entries
  • Contract value — not tracked
  • Cost-to-complete estimate — not tracked
  • Retainage separation — not tracked
  • Over/under billing calc — not tracked

What ConstructWIP adds

  • Pulls costs + billing from QBO live
  • PM enters cost-to-complete via simple form
  • Contract value stored per project
  • Retainage tracked and separated
  • Over/under billing calculated automatically
  • GAAP-compliant PDF + Excel output
  • Archives every month automatically

Even Intuit's new Enterprise Suite (launched Feb 2026) shipped without a WIP report.
Their own construction consulting partner called it "the single most important report in construction accounting — and currently absent."

Connect once. Generate every month
in 10 minutes.

ConstructWIP sits on top of your existing QBO account. No migration, no retraining your team, no touching the general ledger.

1

Connect QuickBooks Online

One-click OAuth. ConstructWIP reads your jobs, costs, and billing via the official QBO API. Read-only — we never write to your books.

2

Enter contract values once

Add the contract value and retainage % for each active job. Takes 5 minutes the first time. ConstructWIP remembers them every month after.

3

PM submits cost-to-complete

Email your project managers a simple link. They enter one number per job. No QBO access required — just a web form.

4

Download your WIP schedule

GAAP-compliant WIP schedule generated as PDF and Excel. Auto-archived with the date. Ready for your client package in minutes.

The ROI

It pays for itself on
the first client.

At $150/hour accounting rates, saving 10 hours per client per month is $1,500 in recaptured time — per client. ConstructWIP costs $249/month for up to 30 clients.

Without ConstructWIP
10 hrs
manual Excel work per client per month at month-end close
With ConstructWIP
10 min
connect QBO, PM submits estimate, download WIP schedule
Your saving (15 clients)
$22.5K
in recaptured billable time per month at $150/hr

Simple flat pricing.
No per-client fees.

One subscription covers your whole construction portfolio. Early access pricing locked in for life.

Starter
$149/mo
Solo bookkeeper
  • Up to 10 construction clients
  • QBO OAuth connection
  • PDF + Excel WIP output
  • PM cost-to-complete form
  • 12-month archive
Agency
$399/mo
Multi-staff firm
  • Unlimited clients
  • All Professional features
  • Multi-user access
  • Priority support
  • Custom report branding

Beta access is free. Early access pricing is locked in at launch.

Join the Beta

Stop doing WIP
in Excel.

Join construction accountants who are automating their most painful month-end task.
Free beta. Connects to your existing QBO account.

We'll notify you when beta opens. No card required.

Contact Us

Have a question about a product? Get in touch and we'll get back to you.

terminalvelocityai@gmail.com