Topic Thread

  • 1.  Job Interest Cost

    Posted 6 days ago

    I attended the CFMA conference this year and learned that other companies assess a job interest cost for any job in a negative cash position (underbilled) at month end. 

    Conversely, should I issue a credit for overbilled projects? 

    Would someone please explain how and when this concept is applied?

    Thank you

    Renee Sams