Schedule of Values (SOV) Billing OverviewSchedule 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 System (sfPMS) provides a Pay Application Doc Type. Pay Application

How SOV WorksHow SOV Works

The primary SOV workbook acquires project-specific data from sfPMS. You add and edit data in this workbook to arrive at the appropriate amounts for this period’s SOV billing application. All

Where SOV Info Comes FromWhere 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 then create a Pay Application document from the Project Setup

Adding an Architect to Project’s Contact ListAdding 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 list by Role. It is possible the the architect for

SOV Document StatusSOV Document Status

The Status field on the Pay Application document controls the status of the SOV workbook. Once you change the status to Draft, you will get all the status choices. Status

Creating Subsequent Pay ApplicationsCreating Subsequent Pay Applications

A subsequent Pay Application document is created from the previous Pay Application document. The status of a Pay Application must be Draft, Printed, or Invoiced before the next Pay Application

Creating Multiple Chains of Pay ApplicationsCreating 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 initial Pay Application documents with corresponding SOV workbooks. Each of

Pay Applications Reversals, if IntegratedPay Applications Reversals, if Integrated

If you site is integrated with an accounting system, when you invoice the Pay Application, that Pay Application invoice is entered into that accounting system. When you post the invoice

Creating an SOV WorkbookCreating an SOV Workbook

An Excel SOV workbook is associated with each Pay Application. The term “workbook” refers to a collection of worksheets. To create an SOV workbook:  1. In a Pay Application, click

Parts of the SOV WorkbookParts of the SOV Workbook

Each SOV workbook contains several worksheets, only one of which is visible when you first open the workbook: Worksheet Use / Description Application Enter information for your payment application. All