03 - Advance
Use this type to identity advances.
Example: Anticipated acquisition of construction materials from a shed to the workshop. Use the same code, altering only the item for each advance that will ultimately compose the shed.
Code |
Item |
Type |
Description |
Value |
MV0001 |
0001 |
03 |
Land acquisition |
110,000.00 |
MV0001 |
0002 |
03 |
Revaluation on xx/xx/xx |
20,000.00 |
MV0001 |
0003 |
03 |
Ground leveling service |
8,000.00 |
MV0001 |
0004 |
03 |
Advance payment to builder |
2,000.00 |
MV0001 |
0005 |
03 |
Advance payment to builder |
3,000.00 |