The Work In Progress (WIP) schedule is an accounting schedule that’s a component of a company’s balance sheet. I am reviewing a schedule of value for a project that does not have a % of the project total assigned to project closeout. I have heard the industry standard is 10% of the overall project is…
Read MoreThe Work In Progress (WIP) schedule is an accounting schedule that’s a component of a company’s balance sheet. I am reviewing a schedule of value for a project that does not have a % of the project total assigned to project closeout. I have heard the industry standard is 10% of the overall project is…
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