NAV4Constrution vertical solution for Microsoft Dynamics NAV fully provide AIA billing process for construction business. The AIA billing system is a standardized method of construction percentage of completion contract billing developed by the American Institute of Architects (AIA).
Typically, AIA billing system consists of two forms or pages and on the same way NAV4Construction works with them:
- G-702 Contractors Application for Payment
- G-703 Continuation Sheet
When you want to print Invoice from posted document, you can print both of these forms in the same moment or separate if you want this.
Complete process of AIA billing process is presented on the next flow chart:
You can find here completed process with collection and correction systems. This is simplified process on flow chart, and in practice, you can find more milestones for these activities.
You can see part of G-703 Continuation Sheet on the next picture:
This is the great benefit in operational work, because completing the AIA G-702 and G-703 forms by hand is usually frustrating and difficult with lot of possible mistakes. This is only one benefit among all other in this construction vertical solution.