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Managing Accounts Receivable in QB: QuickBooks for Contractors

Levelset

As a result, every construction business records transactions to Accounts Receivable (A/R) until they actually receive payment. If your company uses QuickBooks – one of the most popular entry-level accounting platforms for contractors – you already have built-in tools that can help you manage, track, and report on their accounts receivable.

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Texas ‘Retainage’ vs. ‘Reserved Funds’: What’s the Difference & Why it Matters

Levelset

Texas lien law: ‘Retainage’ or ‘reserved funds’? In 2021, Texas enacted some sweeping changes to the mechanics lien process effective on projects where the original contract was entered into on or after January 1, 2022. The main changes came in the form of simplified notice procedures and lien filing deadlines.

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constructionattorneyblog: illinois supplier denied mechanics lien

Construction Lawyer

Only a knowledgeable attorney can apply the information here to your particular matter, taking into account the laws of your jurisdiction. « TRIAL COURT DECIDES THAT ARCHITECTS CANT BE LIABLE IN IMPLIED WARRANTY OF HABITABILITY | Main. illinois supplier denied mechanics lien. mechanics liens. Categories. litigation.

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constructionattorneyblog: Subcontractor's Mechanics lien allowed.

Construction Lawyer

Only a knowledgeable attorney can apply the information here to your particular matter, taking into account the laws of your jurisdiction. « Liability for green design | Main. Subcontractors Mechanics lien allowed where bank seized generals funds. May 21, 2009 in litigation , mechanics liens | Permalink.

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Idle Equipment not entitled to Lien in Missouri

Construction Lawyer

Only a knowledgeable attorney can apply the information here to your particular matter, taking into account the laws of your jurisdiction. « Economic Loss Doctrine bars Nevada claims against Architect | Main. | » April 20, 2009. Idle Equipment not entitled to Lien in Missouri. mechanics liens. 3d 489 (Mo.App.

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A Cash Flow Guide for Architects

Levelset

This is in contrast to an accrual basis , which is a form of accounting that tracks revenue and expenses when they are incurred, not when they are paid or received. Each of the categories above can be further broken down into a more detailed list that provides the structure for the business’ chart of accounts.

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constructionattorneyblog: Waivers of liens: fraud

Construction Lawyer

Only a knowledgeable attorney can apply the information here to your particular matter, taking into account the laws of your jurisdiction. « Housing boom leads to copyright litigation increase | Main. | Waivers of liens: fraud. Listed below are links to weblogs that reference Waivers of liens: fraud : Recent Posts.

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