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.