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Job Costing Reports: Begin % complete calculation with (Question 22)
This question is asked to determine the level at which
the cost at completion calculation will be made. No matter which level
is used, the results are added together to determine over/under billings
for the total job.
This question is asked only on the Composite Unit Cost,
Job Cost Detail, Job Hours, Labor Productivity, Percent Complete, and
the Unit Cost reports.
The default for this question varies by report. Refer
to Percentage Complete
(Calculation 2) for more information regarding this Standard Calculation.
- Accept the default
for the report, or from the drop-down list, select Job
Input, Cost Activity Input,
or Qty/Hrs/Dollars Calculation.
- Select Job
Input to start calculating the percent complete or the final cost
estimate using the percentage from the job level. This option uses the
Job record final cost or the percent complete for the calculation.
- Select Cost
Activity Input to start calculating the percent complete or the
final cost estimate using the percentage for each cost activity. This
option uses the job status cost activity record final cost or the percent
complete for the calculation.
- Select Qty/Hrs/Dollars
Calculation to start calculating the percent complete using the
percentage from the job to date quantity, job to date hours, or the job
to date cost levels.
Alert
If there is no percent complete or final cost at the
selected level, then the percent complete is calculated at the next level
as outlined in the Standard
Percent Complete (Calculation 2).
See
Also
Reports
Introduction
Job
Cost Report Questions
Job Cost
Report and Questions Matrix