Freebie Friday – AIA Billing (G-702/G-703) Training Exercise

Be A Better Bookkeeper, Customers & Accounts Receivable, Free & Fee-Based QuickBooks eBooks, The "Sunburst" Website
Freebie Friday!  The work week is just about over (for some of us, that is). This week's item is a fee-based AIA (G-702/G-703) Billing Training exercise. Have you ever been asked to complete a G-702 and G-703 billing form and don't know where to even start?  If so, than this training exercise is just what the doctor ordered! Most anyone will tell you that completing the AIA G-702 and G-703 forms by hand is frustrating and difficult.  To fill out one correctly, you pretty much have to: forget about any basic accounting principals you've ever learned ignore change orders that have been submitted or approved, but not processed ignore money that is still outstanding from previously submitted applications for payment You need to realize that the payment applications that you submit…
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