What a contractor receives each month from Automated Monthly Close with Contractor WIP, produced by the same engine the service uses.
SAMPLE — fictional company and figures. Sample Builders LLC (fictional) does not exist. These figures illustrate the reports; they are not a client's results.
Backlog
$441,000
Net over (under) billed
-$29,000
Receivables
$22,000
Retainage receivable
$50,500
Unpaid bills
$27,400
Left on subcontracts
$27,800
| Amount | |
|---|---|
| Revenue collected | $82,500 |
| Job costs paid | $50,000 |
| Overhead paid | $14,200 |
| Net income (cash basis) | $18,300 |
From the bank and card statements; about 90% of transactions categorized automatically, the rest approved by the owner.
| Job | Contract | Est. total cost | Cost to date | % complete | Earned | Billed | Over (under) billed | Est. margin |
|---|---|---|---|---|---|---|---|---|
| 101 Riverside Elementary roof replacement | $505,000 | $410,000 | $246,000 | 60.0% | $303,000 | $280,000 | -$23,000 | 18.8% |
| 102 Harbor Clinic renovation | $320,000 | $265,000 | $79,500 | 30.0% | $96,000 | $85,000 | -$11,000 | 17.2% |
| 103 Oak Street warehouse | $150,000 | $128,000 | $115,200 | 90.0% | $135,000 | $140,000 | $5,000 | 14.7% |
Percentage of completion by cost, using the owner's own monthly estimates of total cost. Management information.
| Job | Collected | Costs paid | Margin |
|---|---|---|---|
| 101 Riverside Elementary roof replacement | $46,000 | $24,000 | $22,000 |
| 102 Harbor Clinic renovation | $36,500 | $20,000 | $16,500 |
| 103 Oak Street warehouse | $0 | $6,000 | -$6,000 |
| Job | 0–30 | 31–60 | 61–90 | Over 90 | Total | Retainage |
|---|---|---|---|---|---|---|
| 101 Riverside Elementary roof replacement | $6,000 | $0 | $0 | $0 | $6,000 | $28,000 |
| 102 Harbor Clinic renovation | $0 | $0 | $0 | $0 | $0 | $8,500 |
| 103 Oak Street warehouse | $0 | $16,000 | $0 | $0 | $16,000 | $14,000 |
| Supplier or subcontractor | 0–30 | 31–60 | 61–90 | Over 90 | Total | Retainage held |
|---|---|---|---|---|---|---|
| Acme Roofing Subs (example) | $21,600 | $0 | $0 | $0 | $21,600 | $2,400 |
| Builders Supply Co (example) | $0 | $3,600 | $0 | $0 | $3,600 | $0 |
| Bayside Electric (example) | $0 | $0 | $2,200 | $0 | $2,200 | $0 |
| Job | Subcontractor | Document | Committed | Paid | Billed, not paid | Remaining |
|---|---|---|---|---|---|---|
| 101 | Acme Roofing Subs (example) | SC-101-1 | $160,000 | $114,000 | $24,000 | $22,000 |
| 103 | Bayside Electric (example) | SC-103-2 | $42,000 | $34,000 | $2,200 | $5,800 |
Statements are prepared from the client's own documents without audit, review or other verification. Sureties and banks usually require statements reviewed or audited by an independent CPA firm. Business Capital Blueprint does not guarantee bonding, credit or financing.