Recording Stored Materials for General Contractors
To enter stored material amounts:
- Navigate to your Billing Workflow.
- Select the Stored Materials tab.
- Choose a line to bill against. If a line includes a subcontract, the Self-Performed and Contracted lines display beneath the Total line. You can enter amounts on the Total line or the Self-Performed line.
- On Site column fields:
- Prior Stored Materials—Review this field to see the total amount of materials received on site before the current draw.
- Consumed This Period—Use this field to record materials that are used during the current draw. Note: The materials may have been received in a prior period or in the current period. This field is not used to calculate payment.
- Received This Period—Use this field to record materials that are received and stored on site during the current draw. Note: This field is used to calculate the payment.
Note: The On Site Materials Stored to Date field includes the Prior Store Materials amount plus the Received This Period amount less the Consumed This Period amount.
- Off Site column fields:
- Previous Store Materials—Review this field to see the total amount of materials received off site before the current draw.
- Consumed This Period—Use this field to record materials that are used during the current draw.
- Received This Period—Use this field to record materials that are received and stored off site during the current draw.
Note: The Off Site Materials Stored to Date field includes the Prior Stored Materials amount plus the Received This Period amount less the Consumed This Period amount.
- Choose Save & Continue.
Amounts added to the Stored Material tab are shown in the MaterialStored this Periodcolumns on the Progress tab.
Tips
- Amounts are automatically saved when you move from one line to the next.
- Total Materials Stored to Date is the sum of the Off Site Stored to Date amount and the On Site Stored to Date amount.
- The Stored Materials Detail Report provides a detailed listing of stored materials for a project and draw. Use the Generate Reports page to create this and other reports.
See Generate Reports.
Last Published Wednesday, September 4, 2024