Billing Tab - Other Fields

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Billing Day
The Billing Day field is used to reference the normal day of each month that the job should be billed. Valid entries for this field are any number between zero and thirty-one. Please note that this field is for reference only and does not prevent billings from being generated on any other day.

 

Retention Adjustment %

This field is used to adjust the retention percentages on contract billings and can be very useful for handling retention reductions during the course of a project and for handling fractional retention percentages such as 2.5%.  The detail items in AccuBuild only handle whole numbers for retention percentages so you must use the Retention Adjustment % field in order to calculate fractions.  The setting in this field is a percentage that must be between 1 and 99.

 

This field will work in conjunction with the retention percentage field of each contract line item by multiplying the item's retention percentage times the adjustment percentage.  For example, if you need to hold 2.5 % retention on each line item, set up each detail item as 10% retention and then enter 25% in the Retention Adjustment % field which would then compute the retention at 2.5% (25% of 10%).  

 

To change the retention percentage on all contract billings items of a single job to a whole number, use the Job Cost > Update Jobs > Detail Items > Edit Retention % feature.  

 

Billing Certification
The three billing certification lines may be used on the AIA (default version) and Standard billing formats and will print above the signature lines. Each of these certification lines may contain up to fifty-five (55) alpha/numeric characters.

 

Misc Desc
The Misc Desc field is used to print additional information on the contract billing, such as the contract number or owner's project number, that may not have been entered within the job description field on the Job Info Tab. The information entered in this field will appear on the billing form next to the contract date.