At the end of the New York session, position adjustments are most often noted in comparison to before the opening of trade, which creates potential trading opportunities. On most Sunday opens, prices generally pick up where they left off on Friday afternoon. The opening price spreads will be much wider than normal because only Wellington […]
Monthly Archives: May 2024
Construction Bookkeeping for Beginners: A Step-by-Step Guide
Retainage is the predetermined amount of money an owner may hold back from payment until they’re satisfied with contract completion. It tracks these not only to each job but also within each group of job activities and each type of cost. For example, a contractor might “code” an invoice to Job 140 (Lake Ave. Remodel), […]