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4 Ways Materials Financing Can Help You Recession-Proof Your Business

Levelset

That’s why we’ve built Materials Financing to empower you to buy materials now and pay for them later with up to 120-day payment terms. Let’s take a deeper look into four ways Materials Financing can help free up capital and recession-proof your business. There’s more certainty in our business outlook now.”

Finance 52
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Accounting for Retention Receivable & Payable: A Contractor’s Guide

Levelset

Retention doesn’t usually apply to material suppliers. ABC Contractor is billing a project owner for $100,000 with 10% retention. When the $90,000 is paid, it is posted with a debit to the bank or cash account and a credit to accounts receivable, clearing the account for that project. How to record retention payable.

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Building With a Purpose: Exploring Construction Careers That Make a Difference

Fieldwire

However, organizations like the United Nations, the World Bank and others aim to bring solar power and stability to affected communities. You must ensure the building doesn’t waste materials and stays on track to finish on time. won a National Inclusion, Diversity and Equity Excellence Award from ABC in 2023.