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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

It is time for contractors to get serious about the new accounting lease standard. 02 ASC 842 Leases, the new lease accounting standard issued by the Financial Accounting Standards Board (FASB). The prior accounting standard (ASC 840) only required capital leases to be included on the balance sheet. Accounting & Finance.

Leases 177
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Legal Documents Required for Purchase of Property

CivilJungle

Legal Documents Required for Purchase of Property. But we must avoid the problem and legal situation by checking the documents required for buying property. Every construction work begins with legal approval. The kata simulates the account , and documents are essential when conducting land from one to another. Khata Deed.

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Commercial Debt Collection – How Do I Collect When A Company Owes Me Money?

Construction Law Monitor

The legal and business world assume that the B2B relationship and players are more sophisticated. The Fair Debt Collection Practices Act protects the consumer, not businesses. Most business think that when an account is overdue, then they call up a debt collection agency and the debt will be collected or its deemed bad debt.

Debt 56
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Demand Letter: How An Attorney Letter Can Help You Get Paid

Construction Law Monitor

In the legal and collection industry we call this document a demand letter, but in most other circles its simply known as an “attorney letter.” Neither of these two qualities exist in many legal offerings. A perfect example is the Louisiana Open Account Statute, La R.S. Components of an Attorney Letter.

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Demand Letter: How An Attorney Letter Can Help You Get Paid

Construction Law Monitor

-->. In the legal and collection industry we call this document a demand letter, but in most other circles its simply known as an “attorney letter.” Neither of these two qualities exist in many legal offerings. A perfect example is the Louisiana Open Account Statute, La R.S. Components of an Attorney Letter.

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Digital Builder Podcast Ep 22: How Specialty Contractors Can Navigate Contracts & Get Paid On Time

Autodesk Construction Cloud

The difference between secured and unsecured debts. You are owed a debt. Unsecured credit means the debt is not tied to any collateral. You can collect on the debt by taking things to court, obtaining a judgment, and finding assets to collect the amount owed. A home mortgage is a common example of secured debt.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. Why Construction-Specific Accounting Software Costs More than Generic Accounting Software » Look for the September How To Issue. Tags accounting. accounting software. Construction Accounting Software. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |.