My Schedule of Values is out of balance. What do I do?

If the Schedule of Values (SoV) is out of balance, it means your Working Totals and Totals values do not match. There are two reasons why an SoV may become out of balance.

There are Budgeting Errors

Navigate to the Edit Schedule of Values page. Make corrections to the red fields and save the page. When the SoV is in balance, the Working Totals and Totals amounts will both display in black.

If you cannot edit your Schedule of Values, but you do have the Project Manager role, the General Contractor is using the Specified SoV contract setting and enters budget information on your behalf. Contact your General Contractor if you need them to update your budget.

See Breaking Out Subcontractor SoV Manually.

Change Orders Need Allocating

Select the Required: Edit Change Orders link on the Project Home page to navigate to the Allocate Change Orders page. Enter the change order value in the Allocate column.

Change orders must be entered one at a time. You must allocate the first variation and save before the system prompts you with the next one.

See Allocate Change Orders for Subcontractors.



Last Published Monday, February 5, 2024