Revenue Recognition Job Markup Percents window contract amounts

Owned by Claire Aleman
08 22, 2019

Issue/Symptom/Question

What is the contract amount used when adding Jobs to the Revenue Recognition Job Markup Percentages window? 

Applies To

PENTA for Windows

Finance & Accounting > Data Entry > Revenue Recognition > Revenue Recognition Job Markup Percentages

Resolution/Fix/Answer

PENTA displays the Job’s contract amount as of the Date. PENTA calculates this value as: (Original Contract + Approved Change Orders + Pending Change Orders)