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

Levelset

Peterson , a construction finance educator and author, “The retention in the retention receivable account is not collectible yet because the contractor has not earned the right to receive it.” ABC Contractor is billing a project owner for $100,000 with 10% retention. Paul’s Masonry invoices ABC $50,000 with 10% retention.

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Guide to Top 2023-24 Construction Conferences & Events

Autodesk Construction Cloud

There are over 200 educational sessions combined with another 400 industry speakers and keynotes discussing sustainability, networking and more. The themed event for 2023 is: “The ABCs of Lean: Transformation Through Actions, Best Practices and Coaching.” September 26-29, 2023 (Expo: September 27-28) Presented by The U.S.

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COVER STORY: 2013 Business Facilities Rankings Report – Metro And Global Rankings

Buisness Facilities Contributed Content

Louisiana’s capital has had great success in executing the state’s strategy of bringing together business and higher education in innovative public-private partnerships that spur initiatives in new high-growth sectors. CPRT will secure private financing for the residential building, which will also be an asset of the WMF.

Metro 110