Tutorials For:  Receivables, Deposits, and Revenues

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For BEST Tutorial Review, follow the tutorials in the order they are listed.  Click this for Movie Instructions.

NOTE! Movies for the new CHS 2006 program are under construction. 

However, the 'Movies for Prior CHS Program' demonstrate features that can help with concepts in the new CHS 2006 program.

Receivables, Deposits, and Revenues

Tutorial Movies

Reports

 Help Documents
'PAYORS'/CUSTOMERS SETUP:

Payors in CHS are entities that will pay money to your company.  Customers are included as Payors.

 

 CHS 2006 Movies:

  • Setup Payors/Customers

  • Receivables Management

  • Payor Lists

 Payor Lists:

CHS 2006 Help Documents:
ACCOUNTS RECEIVABLE:

In accounting lingo, 'Accounts Receivable' refers to amounts that are due to your company from an outside entity.  To track amounts due to your company on your Financial Statements and Ledgers, use the Accounts Receivable Features in CHS.

 CHS 2006 Movies:

  • Accounts Receivable Data Entry

  • 'Recurring' Receivables

  • Edit/Review Receivables

  • Transaction Ledgers, Invoices, and Statements

Movies for Prior CHS Program:

 Receivables Transaction Reports, Invoices, and Statements:

  • Receivables Ledger

  • Open Receivables Ledger

  • Receivables Summaries

  • Receivables Aging Report

  • Customer Invoices

  • Customer Statements

 CHS 2006 Help Documents:
DEPOSITS DATA ENTRY:  Enter deposits AND post any deductions to job costs on the same screen.  For example, you've received a draw request from the bank BUT the draw is reduced by an inspection fee.  The CHS Deposit screen allows you to post the total draw as a Loan Draw AND post the inspection fee as a job cost!

CHS Help Documents step you through posting a Lot Draw (no monies received), OR a Closing Deposit so that all job costs on the closing papers are captured!

 

 CHS 2006 Movies:

  • Deposit Categories

  • Add/Edit Deposits

  • Accounts Receivable Deposit

  • Change Order Deposit

  • Deposit Reports

Movies for Prior CHS Program:

 

 Deposit Reports: CHS 2006 Help Documents:
POSTING LOT DRAWS (Posting "Zero" Deposit):

CHS is specifically designed to track Deposits Received by Job AND to track any Job Costs that are deducted from the deposit.  

Builders often receive a "draw" from a lender for the purchase of a Lot, but do not receive money for the draw because the money goes to the seller of the lot.  The Deposit screen in CHS is set up for posting this "zero" deposit and capturing all costs related to the zero lot draw deposit.

 

 CHS 2006 Movies:
  • Posting "Zero" Deposits (Like a Lot Draw!)

Movies for Prior CHS Program:

 

 Zero Deposit JE Report: CHS 2006 Help Documents:

 
JOB CLOSING DEPOSIT:

Posting the final closing deposit received from the Title Company or Customer on a job presents accounting challenges to most builders.

CHS provides tools, Help Documents, and screenshots to step you through the job closing process.

 CHS 2006 Movies:
  • Posting a Job Closing Deposit

 

 

 

 Closing Deposit JE Report: CHS 2006 Help Documents:

 
JOB REVENUES:

CHS will track revenues received by Job, AND produce reports to determine outstanding revenues.

 CHS 2006 Movies:

  • Job Revenues

  • Contract Balance Report

  • Revenues Earned and Profit Transfers

 

 Revenues Reports: CHS 2006 Help Documents:

 

 

Custom Homebuilders' Solutions - aka CHS

Job Costing, Accounting, and Construction Management Software for Home Builders

Telephone: 512-693-4103
FAX: 512-693-4105
Postal address: 800 W. Gibson St., Austin, TX 78704
Electronic mail: CHSSoftware@Prodigy.net

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