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Solution(By Examveda Team) Work uncertified is credited to contract a/c. The cost of work uncertified represents the cost of work which has already been. completed, but for that the contractor has not received completion certificate from the contractee's surveyor or architect.
Work uncertified means work done but not certified by authority. So, contractee will cut some money on the basis of work uncertified and will keep in his pocket. This will be retention money. Accounting Treatment of Work Certified and Work Uncertified. (I) Work certified and work uncertified will go to the credit side of contract account. Why?
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If certain work is completed, such work does not qualify for a certificate by the architect or surveyor is termed as Work uncertified or yet to be certified.
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What is the difference between work certified and work uncertified?
What does 'work uncertified' mean in Examveda?
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Will work certified and work uncertified go to the asset side?
Work certified is the work completed and certified by the engineer and work uncertified is that which is completed but not certified by the engineer. Work certified and work uncertified are part of work in progress and to be recorded in contract account.
