Subcontract invoice billing methods
Subcontract invoices are processed differently based on the contract type. The following outlines which records can be imported or referenced on a subcontract invoice.
Fixed Lump Sum subcontract
Schedule of Values (SOV) (residential term: Bank Draws)
Approved Subcontract Change Orders (SCOs)
Cost Plus (with or without Guaranteed Maximum Price) subcontract
Items are entered manually.
Unit Price subcontract
Subcontract unit price items.