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Working out Margin on cross border project

Shurwhynot · 2016-08-30 15:47:03

How would someone work out a margin on a project where the sales are in sterling, but all costs for the duration of the project are in Euro? The material/labour costs would have began pre-Brexit and are ongoing now. Is it a case of working out an average exchange rate for the period involved?

30-08-2016 04:47PM

#1

Shurwhynot

Registered Users, Registered Users 2 Posts: 561 ✭✭✭

Join Date: October 2007

Posts: 380

How would someone work out a margin on a project where the sales are in sterling, but all costs for the duration of the project are in Euro? The material/labour costs would have began pre-Brexit and are ongoing now.

Is it a case of working out an average exchange rate for the period involved?

0