What financial data does ConstructionOnline pull from to generate a Payment Application?
ConstructionOnline pulls from two required data sources to generate a Payment Application:
- Project Estimate — Estimate data is required to generate the Schedule of Values. Without an active Estimate, line items and contract values cannot be populated.
- Project Invoices — At least one valid Invoice must exist on the project before a Payment Application can be created. Invoices document the amounts billed in the current and prior periods. Valid Change Orders can also be included to reflect contract sum adjustments.
Because each Payment Application builds on the last—carrying forward what's been billed, what's been retained, and what's still owed—all of this information stays connected within ConstructionOnline rather than being pulled from separate sources or re-entered manually.
For full details on valid and invalid records and how data is calculated, visit the Guide to Understanding Payment Applications in ConstructionOnline.