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Invoicing Basics: Customer Deposits, Retainage, Fixed Price, Progress, Time & Cost, Change Orders (2520/Level 1)


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This workshop has been thoughtfully prepared and recorded – and you can access it immediately. Upon purchase, you’ll receive a link to download a pdf document that gives you immediate access to both the online recording and handouts.


$147

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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:

  1. 7 Reasons to Create Invoices
  2. Using the right date on your Invoices…
  3. Type of job dictates type of Invoice (3 examples)
  4. 3 different techniques you can use to track & report on customer deposits (choose one and stick with it!)
  5. Understanding and invoicing for Retainage Receivable (future and current receivables).
  6. Preparing Invoices – Includes illustrations for:
    • Fixed price contracts
    • Progress billing arrangements
    • Time & Cost jobs
    • Cost Plus jobs (variation on Time & Cost)
  7. Don’t forget to Invoice for customers’ “adjustments”: