Module for quantity‑driven billing on unit price contracts, offering estimating, reporting, and integration with accounts receivable and job costing.
Vendor
Foundation Software
Company Website
The Unit Price Billing module supports contractors who work with quantity‑based billing structures such as DOT, government, and other unit price‑driven contracts. It enables users to create formatted billing estimates, enter completed quantities during project progression, and automatically update job costing with the latest data. The module can import bids from agency websites, spreadsheets, or estimating systems, and gather quantities for defined date ranges to calculate progress and estimated completion. It also provides tools for generating, sorting, and filtering unit price billing reports, helping identify outstanding amounts, subcontracted bid items, and quantities completed. This module integrates with accounts receivable and job costing to maintain accurate, consistent billing data across the accounting system.
Key Features
Formatted Billing Estimates & Invoicing Supports creation of billing estimates and unit price invoices with integrated financial workflows.
- Import bids from DOT agency websites, Excel, or estimating software
- Enter completed quantities and automatically update job costing
Progress Tracking & Quantity Management Helps track quantities completed over time and calculate estimated completion.
- Select date ranges for up‑to‑date quantity gathering
- Maintain historical data for long‑term reporting
Unit Price Billing Reports Provides detailed reporting across projects and time periods.
- Generate, sort, and filter reports for any date range
- Identify outstanding amounts and subcontracted bid items
Benefits
Improved Billing Accuracy Maintains consistent quantity and billing data across modules.
- Reduces discrepancies with integrated job costing updates
- Supports reliable verification of outstanding amounts
Efficient Workflow Management Streamlines unit price billing through imports and automatic updates.
- Saves time by importing structured bid data
- Minimizes manual entry and correction
Enhanced Financial Visibility Provides clear reporting across all quantity‑driven billing activities.
- Access historical and current billing data
- Understand subcontracted items and contract progress