Specifies a Recognized Cost option to apply when creating a calculation method for WIP. You must select one of the five options:

Option Description

At Completion

Costs recognized at completion.

Cost of Sales

Calculated based on cost of sales.

Cost Value

Calculated based on value.

Contract (Invoiced Cost)

Costs determined by contract.

Usage (Total Cost)

Costs determined by usage.

Tip

See Also