CHS Seminar Lesson 5 - Change Orders, Allowances (Options), & Contract Balance

Create Change Orders, issue Change Order Purchase Orders (or Work Orders), sign Builder Approval of CO, and have buyers sign Approval of CO online. Post a Payment Received For The Change Order. Set up and track Allowances (or Options) and Allowance Over/Under adjustments. See the effects of Change Orders and Allowance Adjustments on the current Estimated Costs At Completion (ECC), on the Job Cost Variance Reports, on the Profit Status of the Job, AND the effects on the Contract Price and the resulting Contract Balance Report.

🧾 Change Orders & Allowances—Tracked, Approved, and Always in Sync

In custom home building, change orders and allowances aren’t side notes—they’re financial drivers. CHS makes sure they’re managed with the precision and professionalism your clients expect.

With CHS, you can:

  • Create and track change orders that instantly update the job’s contract price and estimate

  • Log allowance items, track running totals, and show what’s been selected or spent

  • Store supporting documents, photos, and selection sheets for full transparency

  • Automatically adjust the project’s contract balance, billing, and cost-to-complete

  • Let project managers and bookkeepers see the impact of changes in real time

No more manual updates or forgotten approvals.
CHS keeps change orders and allowances integrated across your accounting, job costing, and client-facing reports—so nothing slips through the cracks.