Accounting Potpourri
SpongeBob lives in this fruit under the sea.
What is a pineapple?
You must upload check images to these two platforms.
What is Box and Timberscan
When setting up a new job, the job name and address should match this important executed document.
What is the signed contract?
This hold is placed in Textura when a subcontractor has changed their accounting, routing, and tax ID numbers
What is and organizational hold
Massage? Running shoes? A sports league? Even certain wellness apps? DD reimburses up to this amount per year for eligible wellness expenses.
What is $600?
This party must endorse a joint check before it is sent to the sub-tier supplier.
Who is the subcontractor?
The person who emails “Where’s my payment?” approximately 14 seconds after submitting their invoice.
Who is every subcontractor? 😂
When entering a project estimate, this description should always be used for each line item.
What is “Original Estimate”?
When opening a monthly subcontractor draw in Textura, the Draw Due Date is normally set to this day of the month.
What is the 23rd
When entering an invoice in TimberScan, this date should normally be used as the Accounting Date - if the month is open.
What is the invoice date?
When setting up a new employee as a vendor, their Vendor Type should be set to this.
What is “Other”?
This step in Timberscan, you ensure that the Vendor, Invoice number, Dates, Description and dollar amount are correct.
What is final review?
Botanically speaking, this yellow fruit is a berry, but a strawberry isn’t.
What is a banana? 🍌
All subcontractor invoices must show this status before a Textura draw can be closed.
What is “Approved”?
This piece of information is needed to send statements when setting up a new customer in AR.
What is email address?
Marking a vendor with this status removes them from selection lists while keeping their information on file.
What is inactive?
The Weekly Timberscan Invoice reminders are preferably sent out on this day.
What is Monday?
When setting up a new project in Textura, this amount should be entered as the Initial value.
What is total estimated subcontractor value?
This is the smallest country in the world.
What is Vatican City?
It take up to how many hours for a change order to reflect into Textura after it has been send to ERP.
Up to 24hrs
When reconciling Textura against Sage, this dollar amount means the two systems are reconciled correctly.
What is $0.00?
This is the bank name used when printing checks and processing ACH
What is PNC Bank?
When setting up a contract in Sage, the billing frequency should be set to this.
What is Monthly?
This compliance does not automatically update when it is satisfied.
What is close out hold?
This is the only mammal capable of true flight.
What is a bat? 🦇