I am attempting to calculate Work in Progress over a years end for a media production company, who make programs for TV transmission. This process that has been complicated by Covid delays in completion of projects and delays in payment until just before revised transmission dates. this has led to paper losses in the last financial year, and inflated profits during the current year. Any sugestions as to a formula\process for calculating this will be hugely appreciated!
14th Jan 2022
Process of calculation of Work in Progress
Is there a formula
Share this content