Quickbooks Team: This would be a great report to be able to generate. It would be helpful in a few ways, such as for our worker's comp insurance audits since pl...
@dward1On a cash-basis, the Retainage is posting to income (under sales in the P&L). This is because of a shortcoming of QB. This is the simple video showing th...
I am considering switching to using an Income account for Retention at this point... But keeping track and ensuring accuracy of the retention we need to bill fo...
@RainflurryThank you for this explanation; however, I need some further guidance.1) As soon as you Debit Retention (Other Current Asset), it posts the amount to...
