Construction Trust Accounts QuickBooks® Desktop *Cancelled*
Wednesday, October 21, 2020 (3:00 PM - 5:00 PM)
(CDT)
Description
• Setting up a liability account in QuickBooks® to track the retainer from each separate client/project
• Receiving a retainer-deposit from each client/project through a Sales Receipt
• Paying client/project expenses using the retainer-deposit, detailing, direct and indirect costs with supporting documentation
• Using the retainer-deposit received by turning it into a credit on an invoice and receive it like a payment
• Running a report to verify what the balance is for each client/project on all your trust accounts
Additional Info
Greater Houston Builders Association | GHBA 9511 W Sam Houston Pwky N Houston,
TX77064United States