Brief Description:
In this section we will explain how to submit the early pay request against the invoices that are approved by Beers Housing.
Steps Involved:
- Navigate to Early Pay Invoices option listed on the left-hand side menu.
- Eligible invoices tab will show all the invoices that were submitted in BuilderTrend and are approved by Beers Construction.
- You will be able to select any of these invoices and submit a request for early payment.
- An option of PAY ME NOW appears to submit the invoice for early payment. Click PAY ME NOW.
5. Select the Financer and Payment Method.
6. Select the Payment Method from the dropdown list :
a. Bank ACH.
b. Bank Wire Transfer.
c. Virtual Card.
7. In case of Bank Wire Transfer, bank might charge an extra Bank Wire Transfer fee.
8. Financer Terms for Early payments are displayed.
9. You can select the check boxes to accept the terms.
10. This is a one time process, for the succeeding early payment requests Financer Terms won't appear.
11. Early Payment Amount and Interest rate can be verified.
12. If the early pay amount is correct, click on REQUEST EARLY PAYMENT.
13. Early Payment request is complete.
14. The invoice requested for early pay is now listed under the Requested for early payment tab.
The financer will be notified of the early pay request and the processing will begin.
You can download invoices listed in the grid to excel format. Click on download button present next to the search box to download the invoices.
