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Contractors may use a single job work order and invoice form that contains the customer information, describes the work performed, lists charges for material and labor, and can be given to the customer as an invoice. [8] A job order is an internal document extensively used by projects-based, manufacturing, building and fabrication businesses.
Revenues and gross profit are recognized each period based on the construction progress, in other words, the percentage of completion. Construction costs plus gross profit earned to date are accumulated in an asset account (construction in process, also called construction in progress), and progress billings are accumulated in a liability account (billing on construction in process).
Excel for the web is a free lightweight version of Microsoft Excel available as part of Office on the web, which also includes web versions of Microsoft Word and Microsoft PowerPoint. Excel for the web can display most of the features available in the desktop versions of Excel, although it may not be able to insert or edit them.
Recourse factoring. vs. Non-recourse factoring. Most common option. Requires the business owner or operator to shoulder the responsibility of unpaid invoices.
Word, Excel, and PowerPoint on the web can all natively open, edit, and save Office Open XML files (docx, xlsx, pptx) as well as OpenDocument files (odt, ods, odp). They can also open the older Office file formats (doc, xls, ppt), but will be converted to the newer Open XML formats if the user wishes to edit them online. Other formats cannot be ...
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