Post Reply 
 
Thread Rating:
  • 0 Votes - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Contract Accounts
12-24-2009, 11:21 PM
Post: #1
Contract Accounts
I unable to understand the word "progress billing to date"
Visit this user's website Find all posts by this user
Quote this message in a reply
12-30-2009, 06:55 PM
Post: #2
 
Dear

Accumulated amount of bills (IPC) submitted by contractor and certified by consultant.

For instance

1st bill 10m
2nd bill 15m
3rd bill 15m

Total progress billing would be 40m.

and work completed by contractors not certified is unbilled revenue or due from customer.

Regards
Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 


Forum Jump:


User(s) browsing this thread: 1 Guest(s)