1. Job Cost Implementation Guide
  2. Method B (Buyout or Fixed Price Contracts)

Method B (Buyout or Fixed Price Contracts)

You assign method B to accounts that are used for contracts, services, or noninventory purchase orders. You use this method of computation when you want projected final values to equal total commitments.

  • Assign to detail accounts.

  • The system calculates PC using the formula AA / HA * 100.