This archived webinar discusses how to track true
profitability. The profit of each job fluctuates throughout the timeline of the job. If you
collect customer deposits, it is important to only recognize as revenue the
money that is earned on a job, not necessarily the money that you have received
for the job. Creating a financial statement using percentage of completion will
help you track the true profitability throughout the progress of each job.
The white paper, Tracking True Profitability
, and a sample Work in Progress Report is included
with this archived webinar. To access, log in to cedia.net and
select My CEDIA then My
Training.