Skip to content
Tags

Net work-in-progress balance using percentage of completion accounting method

June 10, 2012

Expensed Dollars * Percentage of expenses completed * Expenses Remaining

Compare the first figure with the amount of money invoiced for the project to get net work-in-progress balance.

Advertisements
Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: