Completed Project Method (COGS)

Select this method to calculate COGS on completion of a contract.

When to use this method

This method is used when you prefer to calculate COGS only on completion of the contract.

Calculation of COGS

COGS = Cost at the completion of the project.

Levels at which it can be recognized:

  • Project
  • Extension

Constraints

  • The project status must be closed.
  • The extension status must be closed.

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