Whats the difference between tracking WIP by task and WIP by cost?
Clients & Profits Pro and Clients & Profits Classic track WIP by task in the same way: When a client invoice is added, billing amounts are copied from the job task to the invoice. The billing amount is based on the task’s unbilled total. You can bill any amount, whether it’s for more or less than the job’s costs. This gives you the flexibility to freely adjust your client’s invoice, without worrying about the costs on the job itself. How the job task tracks WIP is simple: it is the difference between the task’s gross costs minus the task’s billings. When you print the WIP by Task report, you’re seeing the leftover unbilled tasks — whatever still hasn’t been billed. Clients & Profits Pro tracks work in progress one step farther. It applies billing amounts directly to costs automatically when the invoice is added. This means each cost record — each time entry, A/P line item, check, and out of pocket expense — will show when it was billed, how much it was billed for, and the A/R number
