How to Record Proposal Design Costs
Records the labor and engineering costs specifically dedicated to the technical design portion of a Bid and Proposal (B&P) effort.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| B&P Expense - Engineering Design | Debit | 8,500.00 | - |
| Applied Engineering Labor | Credit | - | 8,500.00 |
💡 Accountant's Note
Technical design work performed to support a specific proposal is classified as B&P cost, separate from IR&D or direct contract engineering.
Practitioner & Systems Framework
💻 ERP Architecture
Ensure B&P projects are set up to collect all cost elements (labor, fringe, overhead) into the B&P pool.
⚠️ Audit Flags
Mixing B&P design costs with IR&D or direct contract design costs.
📄 Required Documentation
Proposal project authorization and timekeeping records for engineers.
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Discussion & Community Questions
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