Budget Payment Applications

When a billing period is activated, you can create the budget payment application to send to an owner.

In this article:

Create a Budget Payment Application
Export a Budget Payment Application Report
Related Articles

Create a Budget Payment Application

Before working with the budget payment applications, make sure that you have managed permissions for this workflow. As a project administrator, set the:

Full Control option for the general contractor
Collaborate option for the owner in the Budget Payment Application column

To create a budget payment application as a general contractor:

Select the Budget tab.
Switch to the Budget Payment Application subtab.
Once a billing period is activated, you can click Create Payment Application.
Select the main contract by using the drop-down menu.
Select the correct billing period or use the arrows to navigate between periods.
The budget payment application is created with the Draft status.

After creating a budget payment application, you can add any necessary documents or associated costs. To do that, click View Associated Costs. The details panel opens. In the Associated Costs section, you can adjust your budget payment application before sending it to an owner. You can:

Aggregate cost, which will overwrite the value in the Work Completed or Materials Stored column from associated costs. Learn more about materials in payment applications.

Note: To use this feature in the Budget Payment Application, ensure that all Main Contract schedules of value are linked with budgets.
Create a new or add an existing cost payment application. See the Link Budget and Cost Payment Applications section in the Cost Payment Applications article.
Add an existing expense. To learn more, see the Add Expenses to Budget Payment Applications article.
Add a change order.
Use the More menu to detach associated costs.

Tip: You can also update the main contract SOVs at this stage. For example, you can add more budget lines. Make sure that the main contract is unlocked. See the Main Contract article to learn more.

Add a Change Order to a Budget Payment Application

You can add an Owner Change Orders (OCO) to the Budget Payment Application. It must be Approved or at least Open, if its type is configured to be added before approval in the Settings. Learn more about setting up change order types for addition before final approval.

To add change order to Budget Payment Application:

Navigate to the Budget Payment Application tab and click the Add Change Order button.

If there are OCOs available, they will be grouped into Approved and Unapproved sections.
- The Approved section displays items that have Approved and Executed statuses
- The Unapproved section displays items that have Open, Submitted, Revise and Resubmit, and In Review statuses
Select the items you wish to add, and click Add.
After adding unapproved OCOs, you will be asked to synchronize change orders. To do that, click Sync.

Note: Synchronized cost items cannot be detached or deleted.

Tip: You can also list all OCOs as columns. In the More menu

, choose to show change orders as A Column. To add a change order in this view, click Add Change Order in the details panel of the payment application item. By default, subitems are hidden in the column view.

Create a Budget Payment Application Document

You can generate a document and add it to the budget payment application. The Prepare Document Packages in Cost Management article includes detailed step-by-step instructions. It's helpful to collate document package from associated cost payment applications and expenses. What's more, budget payment applications should be associated with contracts before generating the document. Associated contracts allow the sharing of documents.

After adding documents, you can proceed to complete your payment application.

Complete a Budget Payment Application

As a general contractor, after filling out information for your payment application and adding documents and relative attachments, you can click:

Submit and send an email to an owner. The owner can view the read-only flyout in Cost Management and change status to the Approved or Revise and Resubmit.
Set as Submitted to change the status without sending a notification to an owner. Click Set as Approved when the payment application gets approved. The next step is to click Set as Paid when it's paid. You can learn more about payment application statuses.

Note: If you set an approval workflow, you'll have to send an email to reviewers first.

The From Previous Applications section in the active billing period is updated after the approval of the application.

Tip: You can request a revision from an owner. The payment application receives the Revise and Resubmit status.

Export a Budget Payment Application Report

You can generate a report for the budget payment application to share information with an owner.

To create a budget payment application report:

Select the Budget tab.
Switch to the Budget Payment Application tab.
Click the name of the contract. The flyout panel opens.
In the Associated Cost section, click .
Select PDF Report or Excel Report.

Note: The generated report contains the items from the cost payment application and expenses previously added as associated costs for this budget payment application. To learn more, see the related section in the Expenses article.