November 7, 2019. Written by Michelle Colbran (Founder of SOS Consulting)

Widget 12: BOQ Progress Payments

Features

• Create forecasts for future payments.
• Convert forecasts into invoices.
• Update your forecasts.
• Set different percentages on BOQ Items or groups.
• Choose to claim the outstanding balance and it will calculate each value automatically.
• Track actual costs to date with values claimed to date and view the claim due.

Benefits

• Forecast your full contract value for cashflow reporting.
• Claims are linked to BOQ Items for the budget.
• No manual creation of invoices.

Restrictions

• This widget must be used with all the BOQ Estimating Widgets and Modules.