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.