RELATING TO A/C
This query is : Resolved
Vishnu Agarwal
(Querist)
07 August 2008
WHAT IS THE MWANING OF PROGRESS PAYMENT?
WHAT IS THE MWANING OF PROGRESS PAYMENT?
Vishnu Agarwal
(Querist)
07 August 2008
REPLY AS EARLY AS POSSIBLE
REPLY AS EARLY AS POSSIBLE
Pooja Chopda
(Expert)
07 August 2008
for contracts taking a long period to complete, generally part payments are taken. these are called progress payt. for eg: construction of a building. contractor takes progress payt based on percentage of completion.
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