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“Supermetrics is a Bitter Experience! We can pull data from nearly any tool, schedule updates, manipulate data in Sheets, and push data back into our systems.”
Project WIP reporting requires complex calculations across multiple NetSuite records – projects, time tracking, expenses, and billing data. Manual WIP compilation for month-end close is time-consuming and error-prone.
Here’s how to automate NetSuite project WIP reporting with synchronized Google Sheets dashboards.
Automate WIP calculations using Coefficient
Coefficient enables automated NetSuite project WIP reporting by connecting project financial data, time tracking, and billing information in real-time dashboards. Your WIP balances update automatically for accurate financial reporting.
How to make it work
Step 1. Import WIP-related data sources.
Pull in Project records for budget information, Time Tracking records for unbilled labor costs, Expense Reports for unbilled project expenses, and Invoice records to track billed vs unbilled amounts.
Step 2. Create WIP calculations with SuiteQL.
Build custom queries that calculate WIP balances by joining project costs with billing data. These queries handle NetSuite’s complex WIP accounting relationships and support custom WIP tracking fields.
Step 3. Set up automated dashboard sync.
Schedule daily refreshes to maintain current WIP balances for accurate financial reporting. Your unbilled revenue tracking and WIP aging analysis update automatically as new costs and billing occur.
Step 4. Build comprehensive WIP analytics.
Create multi-project WIP summaries, client-specific WIP reports, and historical WIP trends with automated data archiving. Set up alerts for projects with aging WIP balances that need attention.
Eliminate manual WIP calculations for month-end close
Automated NetSuite WIP reporting provides real-time visibility into unbilled project costs and revenue recognition. Start automating your WIP reporting today.
