New to SDI. How do you account for:
1) Paying the initial SDI premium (classify as prepaid insurance?)
2) Charging to Job Cost the "progress" of enrolled subcontractors on a job
3) Recognizing the profit that SDI is generating on the job as work progresses
Almost all of our contracts are "Cost-Plus with a Guaranteed Maximum Price."
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Paul Oliver
W S Bellows Construction
Houston TX
(713) 812-2630
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