what is retention in construction accounting

What is Retention in Construction Accounting?

Date: August 23, 2024

Introduction: Although it is frequently overlooked, retention in construction accounting is vital to the success of construction projects. Knowing retention can make all the difference for contractors and subcontractors, from…

Final Account

What is Final Account in Construction?

Date: August 19, 2024

Introduction to Final Account in Construction In the construction industry, a project’s ability to make money is crucial. Knowing what a final account includes can make or break your timeliness and budget, as any seasoned…

A Guide about What is Construction Accounting

A Guide about What is Construction Accounting?

Date: August 12, 2024

Success in the construction industry depends on accurate and efficient accounting just like in any other sector. However, because of the distinct ways that construction organisations operate, construction accounting is…

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