When you create a new progress bill for a job, you can enter the scheduled costs for each cost code or division in the Scheduled column. After saving the first application, Sage 100 Contractor does not allow any changes to the scheduled costs unless the Allow Editing Scheduled $ option is selected. On subsequent applications, enter changes to costs in the Changes column.
In the Current Stored column, you can enter the amount of material currently being stored. When you create the next application, Sage 100 Contractor moves the costs from the Current Stored column to the Previous Stored column. As you complete work, remove the costs for items no longer being stored. To remove costs, enter the costs as a negative amount.
1 | Open 3-7 Progress Billing. |
2 | In the header: |
In Sage 100 Contractor, a cycle is represented by ##DY (a number of days), ##MO (a number of months), and ##TH (a specified day every month). You replace the ## symbols with the number of days or months, or the day of the month for the processing cycle. For example:
3 | Under Billing Basis, select the Bill by cost codes or Bill by cost divisions option. |
4 | On the Options menu, click Setup and complete the Progress Billing Setup window. |
5 | Do one of the following: |
6 | In the grid, for each item: |
7 | On the menu bar, click Calculate to select one option in the Calculate Grid window, then click [Calculate]. |
Note: Sage 100 Contractor creates a separate series of applications for each phase.
Entering setup data for progress bills About updating costs in progress bills from change orders |
For additional online resources for Sage 100 Contractor products, visit the Sage Customer Portal. Use the portal to access the knowledgebase, chat online with customer support, or enter a customer support ticket.
For additional training on Sage products, visit Sage University.