Recording & Tracking Retainage Receivable: QuickBooks for Contractors
Levelset
FEBRUARY 14, 2022
Not only does retainage make it harder for a construction business to manage cash flow — simply recording the transaction can be a feat. As a result, the deadline to file a mechanics lien for retainage also differs from regular payments, as does the deadline under Prompt Payment rules. Add Retainage to an Invoice.
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