When your company applies the 'Owners English' or 'Specialty Contractors English' point-of-view dictionary, you'll see different tool names and term changes in the user interface. Learn how to apply the dictionary options.
This table shows the differences in tool names (bold) and terms across the point-of-view dictionaries for Project Financials. These dictionaries are available in US English only. The default dictionary is designed for head contractors, which means that you will need to work with your Procore Administrator at your company and your Procore point of contact to access the other dictionary options.
Head Contractors English (United States) - Default |
Owners English (Owner Terminology V2) |
Subcontractors English (Speciality Contractor Terminology) |
---|---|---|
Progress Claiming | Progress Claiming | Progress Billings |
Owner-developer | Funding | Owner-developer |
Owner/Client | Owner/Client | HC/Client |
Head Contract Variation | Funding Variation | Client Contract Variation |
Head Contracts | Funding | Client Contracts |
Revenue | Funding | Revenue |
Subcontract | Contract | Subcontract |
Subcontractor | Contractor | Subcontractor |
Subcontractor Schedule of Values (SSOV) | Contractor Schedule of Values (CSOV) | Subcontractor Schedule of Values (SSOV) |
A Billing Period defines the billing cycle used by a project's team and progress claim contacts on Procore's progress claims and progress billings. In addition to defining the frequency of the billing cycle (for example, monthly or weekly), a billing period also defines the billing cycle's start/end date and the due date for the progress claim or progress billing.
Only progress claim administrators can create or edit billing periods. When billing cycles have consistent start, end and due dates, create automatic periods. To support flexible billing cycles, create manual periods. Whichever option you choose, you can only have one (1) billing period in the Open status at a time when managing progress claims.