Accounting Finance Liability Management 
Levelset
JUNE 6, 2022
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. Retention receivable and payable is different from accounts receivable and payable. Fariba Mehdian.
Autodesk Construction Cloud
FEBRUARY 25, 2022
The following standard financial ratios can help risk management teams evaluate potential trade partners during the subcontractor qualification process. Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Formula: Current Assets / Liabilities . Current Ratio .
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Levelset
JULY 25, 2022
Construction companies need to know the differences between the three types of capital and why each one is useful for managing and growing a business. Working capital measures the difference between a construction company’s current assets and current liabilities. Debt capital can be vital for managing cash flow in construction.
Construction Business Owner
FEBRUARY 16, 2012
MANAGEMENT |. ACCOUNTING |. General Management. Accounting & Finance. People Management. Equipment Management. Mountjoy, Chilton, Medley LLP is a CPA firm with a team of accountants dedicated to construction accounting. STRATEGY |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |.
Construction Business Owner
SEPTEMBER 27, 2011
MANAGEMENT |. ACCOUNTING |. General Management. Accounting & Finance. People Management. Equipment Management. « Considering New Accounting Software? Public Exposure and Liability on Construction Sites. Better Project Management through Better Communication. Tags accounting.
Contractor Bookkeeping
DECEMBER 3, 2013
Did You Have Trouble Setting Up Xero Accounting Online? You are not alone, it is an accounting program built to satisfy the needs of accountants with an attempt to make it easy for non-accountants. Xero Accounting Online Setup is not as complicated as QuickBooks setup projects. Set up your Chart of Accounts.
Construction Business Owner
DECEMBER 20, 2011
MANAGEMENT |. ACCOUNTING |. General Management. Accounting & Finance. People Management. Equipment Management. New Year’s Resolutions for Construction Management » Merry Christmas! Public Exposure and Liability on Construction Sites. Tags accounting. accounting software.
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