Managing Valuations

Effective management of progress payments and valuations is crucial to ensuring a project stays on track financially. The Methvin Job Costing app provides a streamlined approach to tracking and managing these payments, allowing users to generate and update valuations with ease. To manage progress payments and track valuations.

1. Access the Valuation Manager by clicking on the Open Progress Payment  in the toolbar.
2. Features in Valuation Manager:
• Export Report: Generate a detailed report of the current valuation to share with clients.
• Next Valuation: Opens a new valuation window to create a new progress payment. Previous values are displayed in the "Previous" columns, while updated values appear in "To Date" columns.
• Recalculate: Recalculates all entries and updates the current valuation.

Valuation Report Details:

• No: Number of the valuation.
• Title: Title of the progress payment (e.g., "Payment Progress 1").
• Date and Day: Date and day of the valuation.
• Remark: Any comments or notes for the valuation.
• Previous, Current, To-Date, Remaining, and Final: Net amounts showing the valuation breakdown.

Note: Continue adding valuations until the final payment (100%) is completed.