MTD Work Done

Modified on Thu, 21 Mar at 5:27 AM

The MTD Work Done shows currently monthly performance for the total of unbilled and billed fees.

Explanation

Value of the work done (WIP) + billed work from the first day of the period until the most recent End of Day Process was run (this will have been run

overnight but may have been run more frequently).

Calculation

WIP + fees billed as at most recent End of Day processing calculated from day 1 of period.

Example

If it is the 15th day of the period, the MTD column will show the data from the 1st day of the period to the data as at the end of day that was run on the 14th in the evening (unless another End of Day process has been run).

If WIP is $400 and fees billed is $300, then MTD Work Done = $700

NOTE: Your accounts person / team can run the end of day process throughout the day and if this has occurred, the data may be more current than that of the evening processing.