The Ultimate Breakdown of the Percentage of Completion Accounting Method
It computes results based on your Estimates, Change Orders, and job cost accounting reports. If you are aware of ‘over-runs’ or ‘known under-budget’ savings, you just add them to the Analyzer. A WIP report helps determine whether project managers are correctly estimating and determining the amounts to bill customers. Red flags will appear if, on a month-by-month basis, large adjustments Read Post