Construction Trust Accounts QuickBooks® Desktop

Construction Trust Accounts QuickBooks® Desktop

Wednesday, September 16, 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
Greater Houston Builders Association | GHBA
9511 W Sam Houston Pwky N
Houston, TX 77064 United States
Event Contact
Peggy Means
(281) 664-1431
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Categories
Education Course
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