FOUNDATION Accounts Receivable
Connect your construction billing and invoicing to powerful job cost reporting.
Overview
The FOUNDATION Accounts Receivable (A/R) Module handles the complexities of construction billing, including progress billing (AIA-style), time and material, and unit price contracts. It tracks retainage receivable and provides detailed aging reports to help manage cash flow. All billing is linked to the job costing module for accurate revenue recognition.
✨ Key Features
- AIA-style progress billing
- Time & Material billing
- Unit Price billing
- Retainage tracking
- Customizable invoice formats
- Collections and aging reports
🎯 Key Differentiators
- Natively handles multiple construction billing formats (AIA, T&M, etc.)
- Built-in retainage management
- Directly integrated with job costing for accurate revenue and profit reporting
Unique Value: Streamlines complex construction billing processes, improves cash flow through better tracking of receivables and retainage, and ensures accurate revenue recognition.
🎯 Use Cases (3)
✅ Best For
- General contractors using AIA G702/G703 forms
- Subcontractors billing for progress payments
- Contractors performing T&M or unit price work
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Businesses with simple, non-project-based invoicing
- Retail or e-commerce companies
🏆 Alternatives
Unlike standard A/R software, FOUNDATION is built to handle retainage and AIA billing without complicated workarounds, saving time and reducing billing errors.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
💰 Pricing
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