Training Subcontractors Accounting (BAC04)

Subcontractors Accounting

Course Outline

Gain an in-depth understanding of Subcontractor Accounting, the measurement and certification of work as well as the variations and contra charges functionality. This course will build on your basic grasp of procedures and leave you comfortable with advanced features.

Recommended For

QS, Accounts clerk, Accountant


½ day


  • Acceptable level of experience, with clear understanding of Retention and Variation Management.
  • Computer literacy and keyboard proficiency is assumed.


  • Subcontractors Reconciliation Process
  • Take on of opening balances
  • Correcting opening balances
  • Retentions & Advances
  • Recon approval and posting
  • Subcontractors payment procedures
  • Part payments
  • Sub Contractors Month End procedures
  • Reports and reconciliations