Recording & Tracking Retainage Receivable: QuickBooks for Contractors
Levelset
FEBRUARY 14, 2022
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. QuickBooks includes a standard Chart of Accounts that works for many small retail businesses, which includes an Accounts Receivable (A/R) account. Add Retainage to an Invoice.
Let's personalize your content