In working closely with our construction and contracting clients Exchequer have always sought to deliver that bit more. To provide industry solutions that grow and evolve together with the needs of our clients, designing subsequent modules for existing clients as much as new clients.

The Applications & Valuations module further extends the functionality offered by the Project, Job and Time Costing and RCT/CIS modules within Exchequer by automating many of the complex postings and calculations required to track sub-contractor applications for payment and accurately manage tax deductions.

Key Benefits of Applications & Valuations Module

• Supports both sales and sub contractors applications
• Distinguishes applications between uncertified and certified
• Type and content of applications are instigated via an intuitive Wizard
• Applications can be generated for contracts as well as jobs
• Applications can be set as interim, practical completion or final
• Whilst a purchase application is being generated, checks are made to ensure that the sub-contractor’s C2 / RCT 47 are valid
• Unlimited deduction types are supported
• Main Contractor & user-definable discounts are supported
• Flexible revenue analysis
• Uses user configurable dayworks
• Supports authenticated tax receipts and the deferment of VAT
• Supports self-billed applications
• Flexible and intuitive layout for applications
• RCT/CIS tax deduction can be included as a deduction of the application
• Cumulative certified sales & sub contractor applications
• Automatic creation of a sales receipt and invoice for certified sales applications, where appropriate
• Conversion of work in progress is handled completely separately to the valuation of a job
• Insurance policy and expiry dates are retained against the subcontractor record

Construction/Contracting Project Costing RCT / CIS Automation Applications & Valuations CRM

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Case Study (PDF)