Progress Billings Tool

Procore's Progress Billings tool uses the user permission granted in the Commitments and Client Contracts tool. As your project progresses and the contracts have been created and approved, subcontractors can bill you for completed work via subcontractor payment applications. You can also create main contract payment applications, which can then be emailed to the owner or the party that is being responsible for payment approval.

• Manage Billing Periods. If you subcontract out work, the billing period defines the billing cycle that is used for progress billing applied to your project's subcontractors. In addition to defining the frequency of the billing period (for example, monthly or weekly), it also defines the billing period's start date, the payment application's due date and the billing period's end date. To learn how to create a billing period with the Progress Billing tool, see Create Manual Billing Periods and Create Automatic Billing Periods.

• Create and Manage Progress Billing. With the Progress Billings tool, you can keep user permissions restricted to your project team and Create a Payment Application on Behalf of a Payment Application Contact or you can provide your subcontractor's payment application contacts with the appropriate permissions to access their purchase orders and subcontracts. See Add Payment application Contacts to a Purchase Order or Subcontract. Then, when you are ready for your subcontractors to bill you for their work, you can Send an 'Invite to Bill' to a Payment Application Contact and your subcontractors can then Submit a New Payment application as a Payment Application Contact. You can then review and approve these billings.

To learn what else you can do with the Payment applications tool, see Progress Billings.