Overbilling can become an issue and may lead to a situation called “job borrow”

In the world of Percentage of Completion (POC) Project Accounting, two critical terms often dictate a contractor's financial health: overbilling and underbilling. While overbilling may signal potential risks, underbilling  is often the silent culprit, slowly eroding cash flow and distorting the true profitability of your projects. For Small to Mid-Sized Contractors (SMEs) , chronic underbilling reflects flaws in project accounting, turning earned revenue into cash you can’t a