WIP Churn
The WIP Churn helps you assess the total amount of time "on the clock" and compare the total against the new time posted for a period, the time invoiced, the time written off. "On the clock" time is the WIP stock figure comprising of previously posted time remaining unbilled.
The Churn report gives you an overview of time as an "asset" and indicates what may be potentially converted into invoices.
View the WIP Churn report on the Dashboard.
Each month for the last 6 months shows the progression of WIP.
To view a detailed data list for the monthly WIP movements, click on the month .
The grid below the graph populates with the underlying data:
The grid lists each job with the WIP time figure as at the start of the month, the newly added posted WIP less the billed time less the written off time to arrive at the closing WIP balance. So that your WIP total is a correct reflection of the potential time to be invoiced ensure you write off time that will not be billed.
Export
Use the "Export" button to output a spreadsheet of the WIP data as displayed above.
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