Access Requests, Annual Exceptions Applications, Cardholder Agreements, Miscellaneous Forms, Request Forms available through the: Online Application. Learn how to record retention receivable and payable, and why it can be essential for your construction business.We get an answer of 1.6. Each organization should seek legal, accounting, and other similar professional services from competent providers of the organization's own choosing. Ellucian. This article walks through how an entity may apply the new standard to trade accounts receivable using an agingbucket methodology. Accounts receivable, net (Note 3). 615,814. Any gains on property held for one year or less, inventory, or accounts receivable are taxed at ordinary income rates. Automate the application for payment process with GCPay.