Percentage Completion Contracts Features and Functions
Percentage Completion Contracts: Another billing method is based upon the degree of completeness of a job or phases of that job. Although cost might be a factor users wish to consider in the determination of the percentage completion, the normal method is the determination of the actual percentage figure from visual inspections, sometimes in consultation with the customer. The contract itself will determine if users bill on a percentage of the whole job or a percentage of each phase. The software should accommodate both methods.
|
- Percentage of whole job
- Each phase
- Each sub phase
|
|
Job Invoicing Features and Functions
|