Workin progress

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umar shah (Querist)
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24 March 2018 How to calculate Work In Progress in works contract services work
Can any one provide excel format

Thanks&Regards
UmarShah

KAVIRAJA ADDANGADI (Expert)
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25 March 2018 Based on % of completion of contract to total contact which can be determined as W-I-P

umar shah (Querist)
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25 March 2018 Sir This method is applicable on electrical contractor (Supply installation commissioning and testing ) work also

KAVIRAJA ADDANGADI (Expert)
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25 March 2018 Yes, you calculate wip on propertionately completion of work considering Material cost and Installation or labour cost.

umar shah (Querist)
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26 March 2018 sir can you provide me any Excel format regarding WIP of Electrical Contractor (Works Contract Services)

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