Hi there,
Certifying the cost of construction/purchase for calculation of profit is a necessary step to keep the expenses of the owner in check. Following are the documents required to certify the construction/purchase cost:
Description of the product or materials used in construction
Quantity of product or materials used in construction
Bills of all the products used.
Payment terms
Bills of installations
Bills of payments done to engineers, electricians, plumbers, and all other handymen involved.
Description of the property.
Any other legal document that has been generated while the construction or purchase of the property can also be used to certify the cost of construction/purchase.
I hope this helped you out.
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What are the documents to certify cost of constructio/purchase for calculation of profit ?
Vijay
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2 Year
2022-04-08T11:19:54+00:00 2022-04-08T11:19:59+00:00Comment
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