Actual Costs are invoices paid to any party for goods or services on a project. Two types of invoices can be entered in e-Builder, general invoices and commitment invoices. Actuals that are not associated with a commitment (building permits, journal entries, etc.) are called general invoices. Actuals that are paid against a particular Commitment (Contract) are commitment invoices. Tracking Actuals in e-Builder will allow you to know what has been paid and what is outstanding. Tracking actuals also helps with projecting cash flow.
Tip
Many of the procedures related to invoices can be performed by way of an automated cost process. See About Cost Processes for more information.
The following topics will help you work with invoices:
- About the Payment Application
- About Retainage Release in e-Builder
- Process Retainage Release
- Add Commitment Invoices
- Add General Invoices
- Edit Invoice Details
- Request Invoice Approval
- Approve Invoices
- Mark Invoice Received
- Mark Invoice Paid
- Delete Invoices
- Void Invoices
- Add Notes to Invoices
- Attach Documents to Invoices
- Attach Forms to Invoices
- Attach Processes to Invoices
- Mail Merge Invoices
- Export Invoices to Spreadsheet
- Actual Cost Page Overview