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The Draws and Deposits View will greatly assist you in applying payments received for work to their proper lots (home building projects still in progress). This product will automate your accounts receivable tracking and eliminate the need for you to create paper invoices. All you must do to post a draw is input the lot number, general ledger account, a description of the deposit, and the deposit date. This application also allows you to deposit income into multiple bank accounts. Furthermore, you can print out a complete list of all lots in process; and the job cost report gives you detailed breakdowns with budget variances for all job cost categories. Finally, when a lot is closed, the system transfers all costs and incomes to your profit/loss statement.
"Draws and Deposits View" is part of the Work In Progress line of products, developed by Dedicated Software Solutions.