When it comes to managing progress claims, variations or retentions, Acumen can empower your business, introduce automation and deliver enhanced productivity and profitability

Progress Claims

Create progress claims depending on the invoicing setup on the job. You can define a job as Time & Material or Fixed Price and create job-specific invoices such as Cost + Factor or % of completion.

  • Create all progress claims in batch for a specific period
  • Progress Claims per Customer are created from the WIP reports
  • Change the amounts and/or percentages to be invoiced
  • Send (email, hard-copy) to the customer for approval
  • Approved the progress claim and create the Sales Invoice

Learn more about Acumen Advanced Jobs & Services Progress Claims here

 

Variations

Create extra work for the jobs as a separate variation. Keep track of budgets and actuals (cost and sales) for the entire job or per variation.

  • Manage variations from both a cost and revenue perspective
  • Variations can follow the invoice type of the Base contract or have their own processing

Learn more about Acumen Advanced Jobs & Services Variations here

 

Retentions

Manage retention on both customer and subcontractor level

  • Manage retention (fixed or variable) when creating the sales invoice
  • Keep track of the retentions held by the customer and create the retention invoice at completion of the job and after the remainder after a fixed period (usually 1 year)
  • Define a retention schedule on the project to automatically calculate the retentions held on each invoice
  • The retention management screen provides an overview of all retentions held on the jobs and when they are due to be billed

Learn more about Acumen Advanced Jobs & Services Retentions here

 

Tender Management

The Advanced Jobs & Services Tender & Opportunity Management module enhances the opportunity management module from standard Business Central.

Learn more about Acumen Advanced Jobs & Services Tender Management here

 

Reporting

Microsoft 365 Business Central offer powerful reporting tools that help you visualise several project factors in a variety of views.

Learn more about Acumen Advanced Jobs & Services Reporting here

 

Time Sheets

Time Sheet Administrators can use the Create Time Sheets batch job to set up time sheets for a specified number of time periods or weeks for specified users – enabling the time sheet owner to record and review the time spent on a task.

Learn more about Acumen Advanced Jobs & Services Progress Claims here

 

Pricing Calculations

The calculation of the cost and sales budget of the Tender/Opportunity can be done in or outside of Microsoft 365 Business Central.

Learn more about Acumen Advanced Jobs & Services Progress Claims here