Earned value

[pzesco]

In the 'Actual Cost' I have to consider the value of the sub-orders issued, or the value of the sub-orders already invoiced only?
Thanks

 

[IRstuff]

That should be according to your own accounting rules.

TTFN
faq731-376

 

[IRstuff]

Most companies that I've worked for consider orders placed as actual liabilities, since the cost must be realized unless the order is cancelled.

TTFN
faq731-376

 

[DRWeig]

Sometimes your contract specifies what you can call actual cost or work-in-progress value.

Best to you,

Goober Dave

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