Colonial Modules
Construction Billing
With the Construction Billing module, businesses have a specialized billing solution for contractors.
This specialized Maxwell Systems Colonial component helps contractors manage AIA billing. Data is drawn from Job Costing to prepare forms G702™ (Application and Certificate for Payment) and G703™ (Continuation Sheet). Billings can be based on a percent complete or a percent billable of scheduled value. Alternatively, the billings can be based on job-related expenses recorded through Accounts Payable, Payroll/Labor Distribution and Equipment.
Construction Billing is tailored to the construction industry with specialized controls for retainage, contract billing, job billing, and Time & Material Billing.
Using Construction Billing, you’ll appreciate these benefits:
- Retainage for each activity can be based on the retainage percent defined in the contract or subcontracts for that job, or entered when the current billing is calculated.
- Contract Billing and Job Billing formats let contractors bill at either the detail level defined in the job budget or by user-defined contract activities. Flexible billing options allow users to create billings based on classic AIA specifications as a factor of the scheduled value for each activity on a job.
- Time & Material Billing: Billings can also be created on a cost-plus basis. Billing Rates are defined for each employee and activity on the job. Each job may have its own markup schedule. In addition, each cost type (labor, materials, equipment, subcontract costs, etc.) can be assigned a specific markup. As costs are incurred, bills are generated to customers, reflecting the incurred costs and the preset markup for the job.
- Create billings based on a markup of actual costs. This significantly expedites the billing process by eliminating the need to manually reenter incurred costs.
- To customize invoicing, specify markups on accounts payable invoices or labor hours by employee prior to printing the invoices. This flexibility helps ensure that the product will meet your needs regardless of the billing mechanism specified by your next contract.
- Convenient editing features allow users to edit employee hours, classifications, or rates. In addition, users may change accounts payable invoice amounts or markups, delete a labor or accounts payable entry, add a new labor entry, or add an accounts payable entry.
- Choose to print invoices in detail or summary formats. Decide exactly how much detail to present to each client.
- Flexible queries allow custom report writing within standard report structures. Reports can then be printed, e-mailed, saved as PDF, or used with Microsoft Excel.

