Budget · Settle

Close the week. Lock it.

Every Friday the same twenty minutes: review what was spent, split the card charges from what people fronted, send one wire, record the reference, and shut the period. A locked week is a week nobody re-litigates.

Start for free See expenses
FridayClose dayThe same afternoon every week, so the pile is never bigger than five days.
2RailsCompany card charges settle themselves. Out-of-pocket spend goes out as one wire.
1WirePer person, per week — not eleven reimbursements and a text message.
LockedPeriodSealed with a name and a timestamp. Corrections happen in the open, in the next period.
The weekly close

Five steps, in this order, every time.

Settlement is a ritual, not a project. The order matters because each step depends on the one before it being finished and unarguable.

Settlement summary

What actually goes out the door.

settlement · week of Mar 10 · M. Ortiz
18 expenses All reviewed Fri 3:12 PM
Card ••4417 — already paid
Ferguson Plumbing Supply · rough-in1,059.18
United Rentals · site prep412.00
White Cap · framing744.30
Home Depot #4821 · framing386.40
Out of pocket — owed to M. Ortiz
County permit counter · pre-con285.00
Ace Hardware #118 · punch61.09
Fuel, 3 fills · overhead218.74
Dump fees, 2 loads · site prep164.00
Wire to send$728.83
ReferenceWT-0311-4482

$728.83, one transfer, one reference number.

The card side needed no payment — it needed posting. The out-of-pocket side is a single wire instead of four apologies. Both sides carry the phase, so the ledger moves the moment the week closes.

  • A summary per person and per card, exportable as PDF or CSV
  • Wire amount, date, and reference recorded on the settlement, searchable by any of the three
  • Card charges reconcile against the imported statement before they can be settled
  • Anything still flagged is excluded and carried into next week rather than guessed at
  • Posts to QuickBooks or Xero with the phase and category already on it
Subcontractors

An invoice you can trace to a line.

A sub invoice arrives as one number for a scope that touched four budget lines. Before it gets paid, it gets split — and every dollar of it lands where the work was done.

  • Scope, contract value, and change orders held per sub, so what they can bill is never a debate
  • Each invoice splits across budget lines — partial billing on a phase is normal and handled
  • Percent complete recorded against the scope, not against a feeling
  • Lien waiver and insurance expiry tracked next to the payment, not in a filing cabinet
  • Paid invoices roll into actual on the lines they were split across, same as a receipt
  • The sub sees what was approved and what was paid. Questions go in the thread on the invoice
Invoice 1187 Approved Valley Electric
Rough-in · electrical, 62% complete20,770.00
Rough-in · low voltage, 40% complete2,400.00
Change order 4 · shop subpanel2,500.00
Temp power · site prep1,180.00
Invoice total$26,850.00
Retainage held, 10%−2,685.00
Retainage held to date8,140.00
Pay this cycle$24,165.00
Retainage is held as a running balance per sub, visible on the ledger as committed rather than spent. When the punch list clears and the release is approved, it moves in one action and the change log records who signed off.
Locked periods

The number on Friday is the number on Monday.

Half the arguments on a build are about a figure that quietly moved after somebody quoted it. A locked week ends that category of conversation.

What happens if we find a mistake in a locked week?
You correct it in the current period with an adjusting entry that names the week it came from. The locked figures stay exactly as they were reported, and the correction is visible as a correction. Nothing is quietly rewritten behind a report someone already sent to an owner.
Can a locked week be reopened?
An owner or admin can reopen it. The reopening is itself an event in the change log with a name, a time, and a required reason, and every figure that moves while the period is open gets logged individually. It is always possible, and it is never invisible.
What if a receipt shows up two weeks late?
It posts to the current period with its original transaction date on the record, so the phase total is right even though the week it was bought in is closed. BLT flags receipts dated more than seven days back so the pattern gets noticed rather than absorbed.
Does locking stop the crew from working?
No. Locking freezes settled financials for a date range. Photos, hours, schedule changes, and new expenses keep flowing into the open period. The field never has to think about the close at all.
Does this sync to our accounting?
Settled periods post to QuickBooks or Xero with project, phase, and category attached. Bank statements come in as CSV, OFX, or QFX for matching first, so what posts to the books has already been reconciled against a photograph. See integrations.

Twenty minutes on Friday, and the week is done.

Review, split, wire, lock. Free on one project, every feature, no card.