IFRS-15 Contract Cost Sheets

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Cost sheets for contracts are automatically created and saved when creating a contract.

 

Fixed priced Contracts are automatically priced and the final price on a Cost sheet is indicated in bold as show below.

 

IFRS15 Contract Costing 1

 

Cost sheets for To be fixed Contracts show an estimated price for each pricing along with the date the price was estimated.  If the pricing is not yet final, the estimated price and the date the estimation was made is shown in italics.

 

IFRS15 Contract Costing 2