You can view the current amount earned on the contract based on the percentage of completion and over- and under-billed amounts in the Billed Position window. The cash over/shortage amount indicates whether the amount of cash you received is greater than the posted costs for the job. If you are excluding the job from RPO, this window will not display any RPO calculations.
Cost Plus jobs are assumed to be always 100% complete, even if the Percent Complete in the Billed Position window does not reflect this.
Viewing Billed Position from the Job Status Window
- Select Inquiry > Job Cost > Job Status.
- Select a job, then select Billed Position.
- Zoom on the Contract Billed field to open the Billed Amounts window.
- Zoom on the Revenue Recognized field to open the Revenue Recognition Summary window, which displays the revenue recognition details for the current job to date.
Viewing Billed Position from the Job Invoice Entry Window
- Select Transactions > Job Cost > Job Invoice Entry.
- Select a job, then zoom on Retention Due.
- The Billed Position and Billed Amounts window display for the selected job.