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80 More Online Classes for only $197
Covering topics like:
Job-Costing, Construction Accounting, and Profit-Building
Invoicing Basics: Customer Deposits, Retainage, Fixed Price, Progress, Time & Cost, Change Orders & Allowances
Approximately 75 minutes:
- 7 Reasons to Create Invoices
- Using the right date on your Invoices…
- Type of job dictates the type of Invoice (3 examples)
- 3 different techniques you can use to track & report on customer deposits (choose one and stick with it!)
- Understanding and invoicing for Retainage Receivable (future and current receivables).
- Preparing Invoices – Includes illustrations for:
- Fixed-price contracts
- Progress billing arrangements
- Time & Cost jobs
- Cost Plus jobs (a variation on Time & Cost)
- Don’t forget to Invoice for customers’ “adjustments”:
- Change Orders – more extensive info available in Controlling Results with Estimates & Change Orders (2100/Level 1)
- Allowances – more extensive info available in Job Allowances: Estimates, Tracking, Reporting & Billing (2110/Level 2)