Revenue in Excess of Billings - Long Term - Schedule of Revenue in Excess of Billings (Details) - USD ($) |
Jun. 30, 2018 |
Jun. 30, 2017 |
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Contractors [Abstract] | ||
Revenue in excess of billing - long term | $ 1,445,245 | $ 5,483,869 |
Present value discount | (238,576) | (310,331) |
Net Balance | $ 1,206,669 | $ 5,173,538 |
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- Definition Revenue in excess of billing - long term. No definition available.
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- Definition Fair value adjustment of revenue in excess of billings - long term to subsequent period. No definition available.
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- References No definition available.
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- Definition Amount of receivable reflecting the cost incurred on uncompleted contracts in excess of related billings which is expected to be collected after one year or beyond the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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