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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

Quantity Surveyors, Accounts clerks and Accountants.


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