{"id":177,"date":"2021-11-22T13:22:02","date_gmt":"2021-11-22T13:22:02","guid":{"rendered":"https:\/\/projectpro365.com\/user-guide\/?p=177"},"modified":"2023-12-14T07:01:05","modified_gmt":"2023-12-14T07:01:05","slug":"progress-billing-stored-materials","status":"publish","type":"post","link":"https:\/\/www.projectpro365.com\/user-guide\/progress-billings\/progress-billing-stored-materials\/","title":{"rendered":"Progress Billing \u2013 Stored Materials"},"content":{"rendered":"

If you are using the \u201cStored Materials\u201d feature of the AIA Billings, then you must indicate the Retention % for Material either on the Retention Fast Tab to apply toward all stored material transactions or leave blank and enter each line items individual Material Retention Percent.<\/b><\/p>\n

\"\"<\/p>\n

Material Retention % is normally set on the Retention Fast Tab as one percentage. AIA requires the ability to enable users to indicate on each line item a retention percentage for stored materials.<\/p>\n

Note that the amount that you bill the owner for stored materials should only be for the value of the materials and should not include any installation labor or equipment charges. As you install the material items in to the Job, you reduce the amount of the stored value and increase your percentage of completion on the schedule value line based on installed percent.<\/p>\n","protected":false},"excerpt":{"rendered":"

If you are using the \u201cStored Materials\u201d feature of the AIA Billings, then you must indicate the Retention % for Material either on the Retention Fast Tab to apply toward all stored material transactions or leave blank and enter each line items individual Material Retention Percent. Material Retention % is normally set on the Retention … <\/p>\n

Continue reading “Progress Billing \u2013 Stored Materials”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":["post-177","post","type-post","status-publish","format-standard","hentry","category-progress-billings","entry"],"yoast_head":"\nProgress Billing \u2013 Stored Materials - User Guide<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.projectpro365.com\/user-guide\/progress-billings\/progress-billing-stored-materials\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Progress Billing \u2013 Stored Materials - User Guide\" \/>\n<meta property=\"og:description\" content=\"If you are using the \u201cStored Materials\u201d feature of the AIA Billings, then you must indicate the Retention % for Material either on the Retention Fast Tab to apply toward all stored material transactions or leave blank and enter each line items individual Material Retention Percent. Material Retention % is normally set on the Retention … Continue reading "Progress Billing \u2013 Stored Materials"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.projectpro365.com\/user-guide\/progress-billings\/progress-billing-stored-materials\/\" \/>\n<meta property=\"og:site_name\" content=\"User Guide\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ProjectPro365\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-22T13:22:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-14T07:01:05+00:00\" \/>\n<meta name=\"author\" content=\"ug_admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ProjectPro365_\" \/>\n<meta name=\"twitter:site\" content=\"@ProjectPro365_\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ug_admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/progress-billings\\\/progress-billing-stored-materials\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/progress-billings\\\/progress-billing-stored-materials\\\/\"},\"author\":{\"name\":\"ug_admin\",\"@id\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/#\\\/schema\\\/person\\\/93cb2e7e53e2a5d583510f489ed198cb\"},\"headline\":\"Progress Billing \u2013 Stored Materials\",\"datePublished\":\"2021-11-22T13:22:02+00:00\",\"dateModified\":\"2023-12-14T07:01:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/progress-billings\\\/progress-billing-stored-materials\\\/\"},\"wordCount\":145,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/#organization\"},\"articleSection\":[\"Progress Billings\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/progress-billings\\\/progress-billing-stored-materials\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/progress-billings\\\/progress-billing-stored-materials\\\/\",\"url\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/progress-billings\\\/progress-billing-stored-materials\\\/\",\"name\":\"Progress Billing \u2013 Stored Materials - User Guide\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/#website\"},\"datePublished\":\"2021-11-22T13:22:02+00:00\",\"dateModified\":\"2023-12-14T07:01:05+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/progress-billings\\\/progress-billing-stored-materials\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/progress-billings\\\/progress-billing-stored-materials\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/progress-billings\\\/progress-billing-stored-materials\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Progress Billing \u2013 Stored Materials\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/#website\",\"url\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/\",\"name\":\"ProjectPro\u00ae\",\"description\":\"Just another WordPress site\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/#organization\",\"name\":\"ProjectPro - All-in-One Construction Management & Accounting Software\",\"url\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/wp-content\\\/uploads\\\/2021\\\/11\\\/project-pro-bnr.jpg\",\"contentUrl\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/wp-content\\\/uploads\\\/2021\\\/11\\\/project-pro-bnr.jpg\",\"width\":340,\"height\":170,\"caption\":\"ProjectPro - All-in-One Construction Management & Accounting Software\"},\"image\":{\"@id\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/ProjectPro365\\\/\",\"https:\\\/\\\/x.com\\\/ProjectPro365_\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/projectpro365\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/#\\\/schema\\\/person\\\/93cb2e7e53e2a5d583510f489ed198cb\",\"name\":\"ug_admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0bdaa089c34a12916b9e608f2bb432fea67ba16abafb3c02fae30857c2deb43?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0bdaa089c34a12916b9e608f2bb432fea67ba16abafb3c02fae30857c2deb43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0bdaa089c34a12916b9e608f2bb432fea67ba16abafb3c02fae30857c2deb43?s=96&d=mm&r=g\",\"caption\":\"ug_admin\"},\"sameAs\":[\"https:\\\/\\\/projectpro365.com\\\/user-guide\"],\"url\":\"https:\\\/\\\/www.projectpro365.com\\\/user-guide\\\/author\\\/ug_admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Progress Billing \u2013 Stored Materials - User Guide","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.projectpro365.com\/user-guide\/progress-billings\/progress-billing-stored-materials\/","og_locale":"en_US","og_type":"article","og_title":"Progress Billing \u2013 Stored Materials - User Guide","og_description":"If you are using the \u201cStored Materials\u201d feature of the AIA Billings, then you must indicate the Retention % for Material either on the Retention Fast Tab to apply toward all stored material transactions or leave blank and enter each line items individual Material Retention Percent. Material Retention % is normally set on the Retention … Continue reading \"Progress Billing \u2013 Stored Materials\"","og_url":"https:\/\/www.projectpro365.com\/user-guide\/progress-billings\/progress-billing-stored-materials\/","og_site_name":"User Guide","article_publisher":"https:\/\/www.facebook.com\/ProjectPro365\/","article_published_time":"2021-11-22T13:22:02+00:00","article_modified_time":"2023-12-14T07:01:05+00:00","author":"ug_admin","twitter_card":"summary_large_image","twitter_creator":"@ProjectPro365_","twitter_site":"@ProjectPro365_","twitter_misc":{"Written by":"ug_admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.projectpro365.com\/user-guide\/progress-billings\/progress-billing-stored-materials\/#article","isPartOf":{"@id":"https:\/\/www.projectpro365.com\/user-guide\/progress-billings\/progress-billing-stored-materials\/"},"author":{"name":"ug_admin","@id":"https:\/\/www.projectpro365.com\/user-guide\/#\/schema\/person\/93cb2e7e53e2a5d583510f489ed198cb"},"headline":"Progress Billing \u2013 Stored Materials","datePublished":"2021-11-22T13:22:02+00:00","dateModified":"2023-12-14T07:01:05+00:00","mainEntityOfPage":{"@id":"https:\/\/www.projectpro365.com\/user-guide\/progress-billings\/progress-billing-stored-materials\/"},"wordCount":145,"commentCount":0,"publisher":{"@id":"https:\/\/www.projectpro365.com\/user-guide\/#organization"},"articleSection":["Progress Billings"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.projectpro365.com\/user-guide\/progress-billings\/progress-billing-stored-materials\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.projectpro365.com\/user-guide\/progress-billings\/progress-billing-stored-materials\/","url":"https:\/\/www.projectpro365.com\/user-guide\/progress-billings\/progress-billing-stored-materials\/","name":"Progress Billing \u2013 Stored Materials - User Guide","isPartOf":{"@id":"https:\/\/www.projectpro365.com\/user-guide\/#website"},"datePublished":"2021-11-22T13:22:02+00:00","dateModified":"2023-12-14T07:01:05+00:00","breadcrumb":{"@id":"https:\/\/www.projectpro365.com\/user-guide\/progress-billings\/progress-billing-stored-materials\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.projectpro365.com\/user-guide\/progress-billings\/progress-billing-stored-materials\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.projectpro365.com\/user-guide\/progress-billings\/progress-billing-stored-materials\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.projectpro365.com\/user-guide\/"},{"@type":"ListItem","position":2,"name":"Progress Billing \u2013 Stored Materials"}]},{"@type":"WebSite","@id":"https:\/\/www.projectpro365.com\/user-guide\/#website","url":"https:\/\/www.projectpro365.com\/user-guide\/","name":"ProjectPro\u00ae","description":"Just another WordPress site","publisher":{"@id":"https:\/\/www.projectpro365.com\/user-guide\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.projectpro365.com\/user-guide\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.projectpro365.com\/user-guide\/#organization","name":"ProjectPro - All-in-One Construction Management & Accounting Software","url":"https:\/\/www.projectpro365.com\/user-guide\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.projectpro365.com\/user-guide\/#\/schema\/logo\/image\/","url":"https:\/\/www.projectpro365.com\/user-guide\/wp-content\/uploads\/2021\/11\/project-pro-bnr.jpg","contentUrl":"https:\/\/www.projectpro365.com\/user-guide\/wp-content\/uploads\/2021\/11\/project-pro-bnr.jpg","width":340,"height":170,"caption":"ProjectPro - All-in-One Construction Management & Accounting Software"},"image":{"@id":"https:\/\/www.projectpro365.com\/user-guide\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ProjectPro365\/","https:\/\/x.com\/ProjectPro365_","https:\/\/www.linkedin.com\/company\/projectpro365\/"]},{"@type":"Person","@id":"https:\/\/www.projectpro365.com\/user-guide\/#\/schema\/person\/93cb2e7e53e2a5d583510f489ed198cb","name":"ug_admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0bdaa089c34a12916b9e608f2bb432fea67ba16abafb3c02fae30857c2deb43?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0bdaa089c34a12916b9e608f2bb432fea67ba16abafb3c02fae30857c2deb43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0bdaa089c34a12916b9e608f2bb432fea67ba16abafb3c02fae30857c2deb43?s=96&d=mm&r=g","caption":"ug_admin"},"sameAs":["https:\/\/projectpro365.com\/user-guide"],"url":"https:\/\/www.projectpro365.com\/user-guide\/author\/ug_admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.projectpro365.com\/user-guide\/wp-json\/wp\/v2\/posts\/177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.projectpro365.com\/user-guide\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.projectpro365.com\/user-guide\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.projectpro365.com\/user-guide\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.projectpro365.com\/user-guide\/wp-json\/wp\/v2\/comments?post=177"}],"version-history":[{"count":4,"href":"https:\/\/www.projectpro365.com\/user-guide\/wp-json\/wp\/v2\/posts\/177\/revisions"}],"predecessor-version":[{"id":491,"href":"https:\/\/www.projectpro365.com\/user-guide\/wp-json\/wp\/v2\/posts\/177\/revisions\/491"}],"wp:attachment":[{"href":"https:\/\/www.projectpro365.com\/user-guide\/wp-json\/wp\/v2\/media?parent=177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.projectpro365.com\/user-guide\/wp-json\/wp\/v2\/categories?post=177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.projectpro365.com\/user-guide\/wp-json\/wp\/v2\/tags?post=177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}