Advanced

Construction: Job Costing & Over/Under Billings

Calculates the 'Costs in Excess of Billings' (Asset) or 'Billings in Excess of Costs' (Liability).

Act as a Construction Controller. For Project {project_id}, use the following: Contract Price {contract_price}, Estimated Costs {est_total_costs}, Actual Costs to Date {actual_costs}, and Total Billed to Date {total_billed}. Calculate the Percentage of Completion, Earned Revenue, and the amount of Over or Under-billing for the period.

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Generates a comprehensive month-end close checklist tailored to your company type and size.

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ASC 606 contract intake: performance obligations & allocation

Analyzes a customer contract under ASC 606/IFRS 15: identifies performance obligations, determines transaction price, and allocates consideration. Produces a concise memo and a revenue schedule outline.

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IFRS 15 variable consideration constraint assessment

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