Use this calculation when every balance, flow, and elapsed period follows the same accounting basis, currency, entity boundary, and reporting period. It is useful for a reproducible schedule or analytical cross-check, but the result should still reconcile to the ledger.

Contract price

Total price agreed for the contract.

Costs incurred to date

Direct costs incurred on the contract through the date of measurement.

Estimated total costs

Estimated total cost to complete the entire contract; must be greater than zero.

The implemented rule is: Recognize construction revenue to date under the cost-to-cost percentage-of-completion method: costs incurred divided by estimated total costs times the contract price.^[1]

Completion percent

Fraction of the contract completed on a cost-to-cost basis, between 0 and 1.

Revenue to date

Cumulative revenue recognized to date under the cost-to-cost method.

The calculator applies the stated arithmetic and does not decide whether a recognition method or classification is permitted under a particular accounting framework. Estimates, cutoff errors, seasonality, acquisition effects, inconsistent averages, and differing policies can make a mathematically correct result misleading. The cost-to-cost result assumes estimated total cost is reliable and does not implement loss recognition, variable consideration, billings, or jurisdiction-specific eligibility rules.

Reconcile the inputs to the general ledger and supporting schedules. For reporting decisions, compare the result with the entity's accounting policy, applicable GAAP or IFRS guidance, prior-period disclosures, and an accountant's review.

• Deferred Revenue Straight-Line Recognition Calculator

  Recognize deferred revenue straight line by month: per-month revenue, amount recognized after elapsed months, and the remaining deferred balance.

• Retained Earnings Rollforward Calculator

  Roll retained earnings forward for a period: beginning balance plus net income (or minus a net loss) minus dividends declared.