Tracking your payments against the total cost of the job
we have sub-contractors that we get a quote from to do large jobs for us ie $100,000. These jobs go over long period of time and he bills us in stages of job completion. when i get an invoice i enter it in bill payments where i apply the eventual payment against. is there a way to enter the compete value of the job ie $100,000 and then when you enter a bill payment ie $20,000 you can apply that invoice to the total amount showing a balance of $80,000 remaining for him to bill us? to work something like the Quotation process for sales/receivables.
Thanks in advance.
