Construction Application for Payment Solution – Automatically Generate Quick, Accurate Billing Information Following Standard AIA G-702/G-703 Format . . . by Extending the Power of QuickBooks!
In today’s competitive construction market, the success of your company relies more than ever on having the proper tools to generate quick, accurate AIA-type billing information; so that you can be paid in a timely fashion.
Construction Application for Payment Solution (CAPS) has been specifically designed to work with QuickBooks® to help you create Percentage of Completion contract billings on the actual AIA G-702® “Contractor Application for Payment”, G-703® “Continuation Sheet”, G-702® CMa “Construction Managers and Advisors” documents (or similar plain paper forms); without time-consuming data entry. This is accomplished by utilizing information from your QuickBooks® Estimate and Progress Invoices.
Stop wasting your time manually creating AIA Billings!
Tired of manually creating AIA draw requests, entering data multiple times, or dealing with programs that just don’t work? If so, let our software do the busy work. Construction Application for Payment Solution dramatically reduces the number of hours you spend – or pay someone else to spend – by automating the time-consuming, error prone task, of manually creating AIA Billings; by reading information that you already have entered in your QuickBooks company file – so you don’t need to copy or re-enter data numerous times. With the use of CAPS, you can effectively reduce, if not totally, eliminate the possibility of errors and , therefore, expedite the payment process.
CAPS works together with QuickBooks to provide a complete solution for General Contractors, Subcontractors, Builders, Developers….
QuickBooks provides the framework for holding information about your customers, the jobs that you are currently working on, tracks Estimates (Schedule of Values), Progress Invoices (current Accounts Receivable and work complete), and a means to accurately record and track Retainage Payable and/or Retainage Receivable. CAPS provides the framework for holding additional project information, Architect information, retainage methods, and billing forms to print in linked records; and provides a mechanism for percentage of completion calculations and accounting for stored materials. The information is then merged together from both programs to generate the final billings – ready for signature, notarization, and mailing.
Because Construction Application for Payment Solution utilizes your existing QuickBooks data, you will: