I am currently working for a process where my client bids for projects and if for example if he bids for 5 projects in a year and we will perform the cost planning and revenue planning out of them 2 were successful and remaining 3 were dropped.
My question is how do i settle the cost and handle the expenses incurred for the failed projects.
Does it be an overhead for my overall project? How do i settle them in period end closing?
I appreciate if you can provide me the detailed business process on this.
Regards
Naveen