Change Orders

How do I handle price changes after an estimate is approved?

When you award an estimate to a Project account, Goldenseal construction accounting software "locks" the amount so the estimate will always match the project price.

If there is a change to the project cost before you have billed for the project, follow these steps:

1. Choose Projects from the Accounts menu.
2. Locate the project account for the estimate.
3. Click in the Estimate field, and remove the name of the estimate.
4. Hit the Enter key to save changes.
5. Choose Estimates from the Income menu.
6. Locate the estimate. It will now be editable.
7. Make any changes to the estimate.
8. Hit the Enter key to save changes.
9. Go back to the Project account, and re-enter the estimate into the Estimate field.
10. Hit the Enter key to save changes.

If you have already billed for the project, you'll need to do the following to bill for changes:

1. Choose Change Orders from the Income menu.
2. Click the New button.
3. Enter the Project account into the Project field.
4. Enter the amount and other details for the change.
5. Hit the Enter key to save changes.

For more about Change Orders in the Getting Started manual, click here.
For more about Change Orders in the Reference manual, click here.

Click here to return to estimating topics.

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