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

Levelset

Construction projects rely on contractors completing the work they started and meeting the design intent. In an attempt to hold contractors accountable, many projects use retention holdbacks, also known as retainage. These holdbacks need to be accounted for by every party to a project: owner, general contractor, and subcontractor.

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Setting Up the Chart of Accounts: QuickBooks for Contractors

Levelset

The Chart of Accounts is the heart of every contractor’s accounting system , whether you’re using QuickBooks or any other construction accounting software. In this article, we’ll explain how a contractor’s Chart of Accounts should be set up in QuickBooks , with a free customizable template for construction. .

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Queensland’s Project Trust Account: Why digitalisation could ease its impact on builders

Autodesk Construction Cloud

Queensland’s Project Trust Account framework is designed to strengthen the security of payments to subcontractors in the state’s building and construction industry. Delivered over five major phases, the trust account framework will progressively expand over time to capture more eligible contracts and contractors.

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Interior Designers Say These 7 Kitchen Trends Will Take Over

Pro Builder

Interior Designers Say These 7 Kitchen Trends Will Take Over. While function and storage are two kitchen features that never go out of style, 2021 could welcome in fun interior design trends such as colored stone countertops, mixed materials, and statement backsplashes. Home Design. Home Design. cbroderick. Read More. .

Design 98
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15 Tips For Starting Your Own Roof and Guttering Business

Construction Marketing

Replacements: GBP 4,000 – 10,000 depending on the materials, size, design, and other factors. 10) Business bank account and credit card. A separate bank account will make management easier, and it will help protect your personal assets. 11) Accounting. Repairs: Depends on the damage and materials.

Insurance 295
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Interior Designers Say These 7 Kitchen Trends Will Takeover

Pro Builder

Interior Designers Say These 7 Kitchen Trends Will Takeover. While function and storage are two kitchen features that never go out of style, 2021 could welcome in fun interior design trends such as colored stone countertops, mixed materials, and statement backsplashes. Home Design. Home Design. cbroderick. Read More. .

Design 52
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Bank design considerations: why you emotional elements matter

The Korte Company

Introduction When building a new bank or renovating an existing one, there are brand new considerations that all banks take into account these days. These considerations involve the level of satisfaction the clients and employees will experience when using the bank’s facilities. It is also termed the 'Emotional Elements'.

Banking 40