Progress certificates / 06

Connect progress, budget and payment

An approved certificate updates the financial view and can originate payments. From one budget item, trace what was completed, certified and finally disbursed.

5 minutes
DescriptionUnitQtyUnit CostSale PriceTotal1Structure & Foundation₲ 48.200.0001.1Excavation₲ 12.500.0001.1.1Soil excavation120₲ 45.000₲ 58.000₲ 6.960.0001.1.2Trench backfill60₲ 38.000₲ 50.000₲ 3.000.000+New item...1.2Concrete & Rebar₲ 35.700.0001.2.1Foundation slab H-3085₲ 210.000₲ 260.000₲ 22.100.000+New item...+New section...2MEP Installations₲ 31.050.0002.1Electrical₲ 18.200.0002.1.1Conduit & wiringm340₲ 28.000₲ 36.000₲ 12.240.000+New item...Total GeneralCOST₲ 79.250.000SALES₲ 99.450.000₲ 99.450.000
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In this guide

What you'll learn

01

How connect progress, budget and payment works inside Perfour.

02

What information you need and how it stays connected to Progress certificates.

03

How to preserve traceability and find the record later.

Step by step

How to complete financial traceability

  1. 01

    Understand the objective

    A progress certificate quantifies and formalizes work completed during a period. It starts from approved line items and preserves contracted quantities, prior progress, current-period progress and remaining balance. This guide focuses on connect progress, budget and payment.

  2. 02

    Prepare financial traceability

    Choose the budget and period, select line items, enter completed quantities or percentages, and review taxes, fees, retainage, advances and supporting evidence.

  3. 03

    Complete the workflow in Perfour

    Prepare the measurement, compare it with prior cumulative values, submit it for review, address comments and approve the final version before export or payment. The certificate connects physical execution with the financial obligation.

  4. 04

    Review relationships and traceability

    Each certified line preserves its source budget item and can create a payment obligation. The overview distinguishes budget, certified execution and actual disbursement. Confirm that cumulative progress does not exceed the contract, advances and retainage are applied correctly, and every measurement has evidence and an accountable owner.

FAQ

Frequently asked questions

What is financial traceability and what is it for?+

A progress certificate quantifies and formalizes work completed during a period. It starts from approved line items and preserves contracted quantities, prior progress, current-period progress and remaining balance.

What information do I need to connect progress, budget and payment?+

Choose the budget and period, select line items, enter completed quantities or percentages, and review taxes, fees, retainage, advances and supporting evidence.

How is this process completed in Perfour?+

Prepare the measurement, compare it with prior cumulative values, submit it for review, address comments and approve the final version before export or payment. The certificate connects physical execution with the financial obligation.

Which other modules does it connect with?+

Each certified line preserves its source budget item and can create a payment obligation. The overview distinguishes budget, certified execution and actual disbursement.

What should I check before considering it complete?+

Confirm that cumulative progress does not exceed the contract, advances and retainage are applied correctly, and every measurement has evidence and an accountable owner.