Jan 30, 2013 #1 pzesco Mechanical May 27, 2011 4 In the 'Actual Cost' I have to consider the value of the sub-orders issued, or the value of the sub-orders already invoiced only? Thanks
In the 'Actual Cost' I have to consider the value of the sub-orders issued, or the value of the sub-orders already invoiced only? Thanks
Jan 30, 2013 #2 IRstuff Aerospace Jun 3, 2002 44,420 That should be according to your own accounting rules. TTFN faq731-376 Upvote 0 Downvote
Jan 30, 2013 #3 IRstuff Aerospace Jun 3, 2002 44,420 Most companies that I've worked for consider orders placed as actual liabilities, since the cost must be realized unless the order is cancelled. TTFN faq731-376 Upvote 0 Downvote
Most companies that I've worked for consider orders placed as actual liabilities, since the cost must be realized unless the order is cancelled. TTFN faq731-376
Jan 30, 2013 #4 DRWeig Electrical Apr 8, 2002 3,004 Sometimes your contract specifies what you can call actual cost or work-in-progress value. Best to you, Goober Dave Haven't see the forum policies? Do so now: Forum Policies Upvote 0 Downvote
Sometimes your contract specifies what you can call actual cost or work-in-progress value. Best to you, Goober Dave Haven't see the forum policies? Do so now: Forum Policies
