Good Morning Steve

Thank you for your reply. We are using version 8.1D. We recognize revenue on % completion total cost. Allocation of labour burden. We do not use simple tracking method.

An example of a project that is not expensing the correct amount (in our opinion):

Project value $207,453 Total budget $187,290 Total costs incurred $35,176 Total costs expensed $36,820. Total cost represent .1878% and the project is being expensed at .1966.

This is the smaller of 3 projects that the expense is rounding up on, the other 2 projects are valued at $15million and $3 million which are a substantial number that is rounded up and causing our financials to show losses each month.

We would very much appreciate any help understanding this.

Thank you.