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Construction Contracts – Inventory and Depreciation

This topic has 1 reply, 2 voices, and was last updated 13 years ago by MikeLittle.

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April 14, 2011 at 1:27 pm #48095
smileyface123
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- Topics: 5
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How to you account for inventory and depreciation in construction contracts?
TIA
April 15, 2011 at 11:59 am #80845
MikeLittle
Keymaster
- Topics: 27
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Inventory is deducted from the “Costs to date”
Depreciation as added to the “Costs to date”
does that help?
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