Workin progress


This query is : Resolved 

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


Thanks&Regards
UmarShah

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

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

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

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


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