ABW . . . A Better Way

Why ABW?
A Full Featured System
Adjust to Your Business
Convert Your Data
Documentation
Training and Support
It All Takes Time
No High License Fees
No Annual Maintenance
Complete Source Code
Development Tools
Spend Your $$ Wisely
Service When You Need It
How Do We Make Money?
The Bottom Line
ABW Product Map
A Simple Offer
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Percent of Completion
    Create the Sales Order and set it up for Progress Billing
    Open the Work Order when ready to manufacture
    Cross reference Work Order to Sales Order and Line Number
    Define the Percent Of Completion Header linking SO and WO
    You may use Estimated Cost or Standard Cost as basis for calculation
    Post Labor and Move Quantity on the Work Order
    Calculate Percent of Completion based on Estimated Hours and Move Quantity
    System will calculate accured revenue and COGS to date
    System will create a Progress Billing for the amount since last billing
    Complete the production on the Work Order
    Ship the Sales Order
    Invoice the Sales Order and previous accruals will be reversed
For companies that utilize Progress Billing based on work done to date, Percent of Completion is crucial to handle accrual of COGS and Recognition of Revenue.
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