[JB] Purchase and Install Stored Materials

Created by Crystal Millington, Modified on Mon, 29 Dec at 8:42 AM by Crystal Millington

JB Progress Billing – Billing Purchased and Installed Materials

Purpose: Update the Application for Payment report, showing purchased materials in Column F and installed materials in Column E.

Steps:

1. Record Purchased Materials

Create a bill and go to the Items SM/Tax tab.
Enter the Purchased Materials amount.
The SM Retg % and Retg Amount will default based on the JC Contract Item.
This will show the purchased materials in Column F (Materials Presently Stored) on the report.

2. Record Installed Materials

On a later bill, enter the Installed Amount (must be ≤ previous purchased amount).
SM Retg will default as negative; ensure the retainage percent matches the original purchase.
Go to the Items tab and enter the Installed amount in This Bill WC Amount.
This updates Column E (This Period in Place) on the report.
If other work is already recorded, add the Installed amount to include it in the total work complete.