14D 5.66% 5.6¢ 1414 degrees limited

generally an order like this is quoted with contingencies. the...

  1. 793 Posts.
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    generally an order like this is quoted with contingencies. the deposit and progress payments go to the BS as work in progress.
    when the order is complete and delivered and working the customer pays the final instalment that is often the suppliers margin.
    the revenue and profit then moved off the BS to the P&L showing a profit or loss on the order.
    for this FY there will be minimal revenue and profit. that's not a problem as the potential revenue and profit will sit on the BS.
 
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