Seller shall fully complete and execute, as taxpayer, prior to or immediately upon the execution of this Agreement, a form 8821 (Rev. Construction projects rely on contractors completing the work they started and meeting the design intent.Additional information on how to record contract AR in the Cash Receipt system is located in the Cash Receipts Information documentation. Appropriate account receivable accounts in the university's accounting system. You must complete a Texas College Monthly Payment Plan Contract in order to enroll in the plan. Receivables purchase agreements deal with accounts receivable or when a business bills out for goods and services.