What is AIA Billing?
AIA (American Institute of Architects) Billing is a standardized billing system used in the construction industry for progress billing on projects. The SedonaOffice AIA Billing feature allows you to create, manage, and process AIA billing applications using the Application and Certification for Payment form (similar to industry-standard G702) and the Continuation Sheet form (similar to industry-standard G703).
Key Benefits
- Replace traditional job invoicing with AIA-standard billing applications
- Automated calculation of scheduled values, previous amounts, and current amounts due
- Integration with Jobs, Accounts Receivable (AR), and General Ledger (GL) modules
- Support for retainage, stored materials, and change orders
- Tax calculation based on taxable install items
- Revision and reversal capabilities for corrections
Business Justification
This feature enables businesses with construction installation operations to bill customers according to AIA standards, facilitating compliance with industry practices and customer requirements.