Schedule of Values (SOV) Billing Overview
In order for you to create your project’s Schedule of Values (SOV) and track SOV billing, the Spitfire Project Management…
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Tag Archive: Billing
How SOV Works
The primary SOV workbook acquires project-specific data from sfPMS. You add and edit data in this workbook to arrive at…
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Where SOV Info Comes From
Before you can create an SOV workbook, you must create a Project Setup document and set its status to Committed. You…
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Adding an Architect to Project’s Contact List
To add an architect to a project’s contact list: On the Project Dashboard, click Show Hidden. Look through the Contact…
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SOV Document Status
The Status field on the Pay Application document controls the status of the SOV workbook. Once you change the status…
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Creating Subsequent Pay Applications
A subsequent Pay Application document is created from the previous Pay Application document. The status of a Pay Application must…
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Creating Multiple Chains of Pay Applications
If your site has been set up to allow multiple chains of Pay Applications, you can create two or more…
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Pay Applications Reversals, if Integrated
If you site is integrated with an accounting system, when you invoice the Pay Application, that Pay Application invoice is…
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Creating an SOV Workbook
An Excel SOV workbook is associated with each Pay Application. The term “workbook” refers to a collection of worksheets. To…
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Parts of the SOV Workbook
Each SOV workbook contains several worksheets, only one of which is visible when you first open the workbook: Worksheet Use…
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