WIP reporting for accounting firms
See ageing WIP before it becomes a write-off.
Monitor current WIP, ageing balances, movements, interim fees and underlying time entries in one interactive reporting suite—so partners know exactly where to act before value is lost.
The visibility problem
WIP rarely becomes risky overnight.
Write-offs are usually the final result of an issue that has been developing quietly for weeks or months. The opportunity is finding those jobs while there is still time to intervene.
A total hides the age
A single WIP balance cannot show which work is fresh, which is approaching risk and which has already sat unbilled for months.
Problem jobs stay hidden
A growing firm-wide total can conceal individual clients, jobs, teams or partners where WIP is accumulating disproportionately.
Reviews happen too late
Periodic reviews often identify ageing work only after billing options have narrowed and the client conversation has become harder.
The cause is unclear
Without drill-through detail, partners can see the balance but not the time entries, staff, job types or movements creating it.
Better WIP management begins by turning a single balance into an actionable list of clients, jobs and ageing amounts requiring attention.
Complete WIP visibility
Understand the balance, its age and what created it.
Practice Clarity connects the headline WIP position to the movements, clients, people and transactions underneath it.
Current WIP
See the total position by client, client group, partner, staff member, job type and job.
Aged WIP
Break balances into ageing buckets from under seven days through to 180 days and beyond.
WIP over time
Compare opening, incoming, invoiced and closing WIP across months and financial years.
WIP movements
Understand what moved onto WIP, what came off and the effect on the closing position.
Interim billing
Identify unallocated interim fees and understand how they affect the true client and job position.
Detailed entries
Drill through to individual time, disbursement and status information behind any WIP balance.
Real platform views
Move from total WIP to the action underneath it.
Filter by client, group, job partner, staff member or age, then drill into the entries creating the balance.
Aged WIP
Identify the clients, partners, staff members and ageing categories contributing to the highest-risk WIP balances.
Current WIP
See today’s WIP position across clients, people, jobs and interim fees.
WIP over time
Follow movements and closing WIP across reporting periods.
Better WIP conversations
Answer the question behind the balance.
Good WIP reporting should help the firm decide what to do next—not simply confirm that the total has increased.
Which balances are becoming risky?
Isolate WIP approaching 60, 90 or 180 days before billing options narrow.
Who needs to take action?
Identify the partner, manager, staff member, client or job connected to the balance.
What created the WIP?
Drill into time entries, job types, disbursements and movement detail.
Is the position improving?
Compare WIP on, WIP off and closing balances across months and financial years.
Built around your existing systems
Keep managing the work where you already do.
Practice Clarity connects to your existing practice-management environment and provides the reporting through Microsoft Power BI.
Your practice system
XPM, MYOB AE/AO, FYI Elite and other practice systems remain the operational source for your firm.
Secure reporting model
Relevant practice data is structured in a secure Microsoft Azure reporting environment.
Microsoft Power BI
Partners and managers receive interactive, role-based reporting in their browser or Power BI application.
WIP reporting FAQs
Common questions about WIP visibility.
01 What is aged WIP reporting? +
Aged WIP reporting groups unbilled work according to how long it has remained in WIP, helping firms prioritise the balances most likely to become difficult to bill or recover.
02 How can WIP reporting reduce write-offs? +
It gives partners earlier visibility of ageing jobs so they can review scope, raise an interim bill, speak with the client or address delivery issues before the balance becomes unrecoverable.
03 Can WIP be reported by partner or client? +
Yes. Reporting can be filtered and analysed by client group, client, job partner, manager, staff member, job type, job and age.
04 Can we see the entries behind a WIP balance? +
Yes. Drill-through reporting can show the relevant underlying time, disbursement, staff, job and status information.
05 Does Practice Clarity replace our practice system? +
No. Your practice-management system remains the operational source. Practice Clarity adds a managed reporting layer around it.
See the risk sooner
Which WIP balances need your attention today?
Book a reporting review and see how Practice Clarity could give your partners and managers a live, actionable view of WIP across the firm.