Accounts for construction business

mathan kumar (accountant) (40 Points)

29 January 2019  
Respected sir,

         I have joined in construction company..they doing constructing business and they work for government contract and build college etc..actually I had been worked in An Auditor office and almost worked for trading and manufacturing concern peoples. So I don't know how to determine inventory and its working progress. So please tell me which accounting method is suitable for construction business and they invest them self to do business and later receive bulk amount... So I need to know is there any method suitable to construction and tally ERP9 can be good for inventory tracking??