Procore Technologies, Inc.
Prefilled Owner Invoices

Last updated:

Abstract:

An example computing system receives a prime contract schedule of values (SOV) including a plurality of line items, each having an associated project code and contract amount. The computing system also receives sub invoices including at least one sub invoice line item, each sub invoice line item having an associated cost code and sub invoice amount. The computing device matches the cost code from each sub invoice line item to a corresponding project code in one of the plurality of line items in the prime contract SOV such that each sub invoice line item corresponds to one of the plurality of line items in the prime contract SOV. Based on the matching, the computing device generates a prefilled owner invoice such that the sub invoice amount from each respective sub invoice line item is applied to the contract amount from the corresponding line item in the prime contract SOV.

Status:
Application
Type:

Utility

Filling date:

26 Jun 2019

Issue date:

31 Dec 2020