ACUMATICA CONSTRUCTION · AIA BILLING
AIA Billing Software for Construction
Manage G702, G703, Retainage, and Progress Billing in Acumatica
AIA billing connects progress billing with the project and financial information behind each payment application.
Acumatica keeps the Schedule of Values, change orders, retainage, and billing connected with job costs and the general ledger, so finance and project teams work from the same information.
Acumatica is the platform. Milestone Information Solutions makes it work for your business.
AIA Billing Basics
What AIA Billing Means
AIA billing is a standardized method of progress billing used on many commercial construction projects. Contractors request payment as work is completed, using forms from the American Institute of Architects (AIA) that owners and architects review before payment is released.
Payment applications are typically supported by documentation such as stored-material invoices, approved change orders, lien waivers, and insurance certificates.
How It Connects
Connected Information Behind Each Payment Application
Each payment application draws on the contract and project progress, then carries through to receivables and financial reporting.
Common Challenges
Common AIA Billing Challenges
Standardized forms help, but AIA billing gets harder when the process depends on spreadsheets, email, and disconnected files.
Acumatica Construction
How Acumatica Supports AIA Billing
Acumatica Construction Edition keeps the information behind each payment application connected with projects, contracts, and accounting.
In supported versions and configurations, AIA reports can include time-and-material lines alongside progress billing. Acumatica also supports retainage tracking, release, and reporting.
Construction Accounting
AIA Billing Is Part of a Larger Construction Accounting Process
AIA billing does not stand alone. Job costs, commitments, change orders, retainage, billing, cash flow, and financial reporting all need to stay connected as a project moves forward.
Explore Construction Accounting →Explore Construction Job Costing →
FAQ
Common Questions About AIA Billing
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What is AIA billing?
AIA billing is a standardized progress billing method based on forms from the American Institute of Architects. Contractors request payment as work is completed, typically using the G702 Application and Certificate for Payment and the G703 Continuation Sheet, which owners and architects review before payment is released.
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What is the difference between G702 and G703?
The G702 is the summary. It shows the contract sum, approved change orders, completed and stored work, retainage, previous certificates for payment, and the current payment due. The G703 is the detail behind it, listing each Schedule of Values line item with work completed, stored materials, previous billing, and the remaining balance.
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Does Acumatica support AIA-style progress billing?
Yes. Acumatica Construction Edition supports AIA-style progress billing, including Schedule of Values billing, G702 and G703 reports, retainage, and change orders. How billing is set up depends on your contracts, billing rules, and project structure.
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How does AIA billing connect with job costing and construction accounting?
In Acumatica, progress billing uses the same projects, cost codes, contracts, and change orders as job costing. Billing activity flows into Accounts Receivable and the general ledger, so project managers and finance can compare costs, billings, and retainage within the same system.
See How AIA Billing Fits Into Construction Accounting
AIA billing connects with job costs, change orders, retainage, cash flow, and financial reporting. See how those pieces come together in Acumatica Construction.