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

• Setup Payors/Customers

• Receivables Management

• Payor Lists

Help Documents:

• Set Up Payors/ Customers

• Payors and Receivables Management Window

• Payor Lists (can export to Excel)

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.

• Accounts Receivable Data Entry

• 'Recurring' Receivables

• Edit/Review Receivables

• Transaction Ledgers, Invoices, and Statements

Movies for Prior CHS Program:

• Accounts Receivable Data Entry, Customer Statement,  and Posting an A/R Deposit

• Overage Due From Customer / Aging A/R Spreadsheet / Posting a Deposit as a Job Cost Credit

• Receivables Ledger

• Open Receivables Ledger

• Receivables Summaries

• Receivables Aging Report

• Customer Invoices

• Customer Statements

• Accounts Receivable

  • Post A/R Invoices

  • Print Invoices and Statements

  • Post A/R Payments

  • A/R Aging and Transaction Reports

• 'Recurring' Receivables (Great for Property Management!)

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!

• Deposit Categories

• Add/Edit Deposits

• Accounts Receivable Deposit

• Change Order Deposit

• Deposit Reports

Movies for Prior CHS Program:

• Deposit Entry Screen (prior program!)

• Down Payment Deposit / Deposit Categories / Job Cash Flow

• Deposit Reports

• Setup "Deposit Categories" for Job Revenues Reports

• Add/Edit Deposits Received / Deposit Reports

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.

• Posting "Zero" Deposits (Like a Lot Draw!)

Movies for Prior CHS Program:

• "Zero" Lot Draw Deposit

• Posting "Zero" Deposits (Like a Lot Draw!)

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.

• Posting a Job Closing Deposit

• Posting a Job Closing Deposit

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

• Job Revenues

• Contract Balance Report

• Revenues Earned and Profit Transfers

• Job Revenues / Contract Balance/ Revenues Earned Reports  (see pgs 15, 16, 17)

• Job Revenues / Contract Balance/ Revenues Earned Reports  (see pgs 15, 16, 17)