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Construction Application for Payment Solution by Sunburst Software Solutions, Inc.

 
AIA G-702 and G-703 Percentage of Completion billing and Contract Documents generated quickly and accurately from information already entered in your QuickBooks® file.
Price: $195.00  Download Free Trial
 
Developer: Sunburst Software Solutions, Inc.






 
 
       
9.0 customer survey score from 126 surveyed on 06/21/2007.
 
       
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In today’s competitive construction market, the success of your company relies more than ever on your ability to generate quick, accurate percentage of completion contract billings following the guidelines established by the American Institute of Architects. With the use of CAPS you can reduce, if not totally eliminate the possibility of errors and expedite the payment process. With its ease of use and flexibility, anyone in the office can now generate these billings on plain paper or AIA original documents, thus freeing up key personnel. IDN Gold Developer.

You get an affordable tool to easily create, organize and retrieve your entire project billing information and generate it in the proper format on plain paper or actual AIA forms. General Contractors, Developers, or Sub-Contractors can use this product by combining the versatility of QuickBooks and CAPS.

Benefits:

Construction Application for Payment Solution (CAPS) simplifies the lives of contractors and their staff by greatly reducing the number of hours spent on billings by allowing them to easily create percentage of completion contract billings on plain paper forms that are similar to AIA Forms G-702: Contractor Application for Payment and G-703: Continuation Sheet or actual AIA documents that are purchased and loaded into their printer, without tedious or time-consuming data entry.

QuickBooks provides the framework for holding information relating to your customers, the jobs that you are currently working on, track Estimates (Schedule of Values), Progress Invoices (current Accounts Receivable/Work Completed this period) and a means to accurately record and track Retainage Payable and/or Receivable while CAPS provides the framework for holding additional project information, retainage methods, percentage of completion calculations and accounting for stored materials.

The Contract Document Manager provides templates that utilize a Microsoft Word merge function and automates contract document compliance by allowing you to generate customized Lien Waivers, Releases, Invitations to Bid, Standard forms of Agreements, etc with little additional data entry.

Key Features:

Construction Application for Payment Solution interfaces with QuickBooks® to allow you to:


  • Print plain paper versions of the AIA G-702 – Contractor Application for Payment and AIA G-703 – Continuation Sheet

  • Print on AIA original G-702 and G-703 forms

  • Print on AIA original G-702 CMa forms

  • Easily calculate Fixed or Variable rates of Retainage for each job

  • Easily handle the Sales Tax Distribution on taxable contracts based on tax on the original contract and tax on change orders

  • Create Retainage Requisitions throughout the contract, after the work has been completed, or combine it with the last draw request

  • Customize any of the 30+ common contract document templates included

  • Design your own templates for contract documents