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Business Toolkit Series (Part 3 of 8): Tracking True Profitability Recorded Webinar

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This Business Toolkit Series archived webinar provides information about tracking profitability correctly within your company.

Recorded on May 30, 2012.

This webinar is only available to CEDIA members.
CEU Value: 1.0

This resource is a CEDIA member benefit. If you are a member, log in above. Not a member? Contact join@cedia.org.
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This archived webinar discusses how to track true profitability. The profit of each job fluctuates throughout the timeline of the job. If you collect customer deposits, it is important to only recognize as revenue the money that is earned on a job, not necessarily the money that you have received for the job. Creating a financial statement using percentage of completion will help you track the true profitability throughout the progress of each job.

The white paper, Tracking True Profitability , and a sample Work in Progress Report is included with this archived webinar. To access, log in to cedia.net and select My CEDIA then My Training.