{"id":114924,"date":"2023-08-14t12:56:14","date_gmt":"2023-08-14t16:56:14","guid":{"rendered":"\/\/www.g005e.com\/?p=114924"},"modified":"2024-08-27t17:01:33","modified_gmt":"2024-08-27t21:01:33","slug":"how-to-account-for-cost-variances","status":"publish","type":"post","link":"\/\/www.g005e.com\/2023\/08\/14\/how-to-account-for-cost-variances\/","title":{"rendered":"what clients don’t know about cost variances"},"content":{"rendered":"

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you want the best information possible.<\/strong><\/p>\n

by ed mendlowitz<\/i>
\n77 ways to wow!<\/i><\/a><\/p>\n

when we discuss estimates \u2013 trailing amounts based on previous transactions and costs, it is important to have the amounts as accurate as possible to reduce the variances, but they will exist.<\/p>\n

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the estimated costs will be measured at the end of a period, i.e., week, month, quarter or year, and the reasons should be investigated and reconciled.<\/p>\n

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