Add a Payment Application
Payment applications document the amount of money to be paid for each payment made during the execution of an agreement.
When it's time to request a payment for work on a contract or make a payment for a subcontractor's work on a commitment, use a payment application.
To add a payment application:
- In the object selector, select a project.
- In the sidebar, hover over Contracts and Commitments, and select Payment Applications.
- In the payment application list, select Add.
- In the new payment application row, enter information about the payment application.
Use the Associated Agreement field to specify the contract or commitment.
- Select Save.
- Select the name of the new payment application.
- On the Payment Applications page, select the Schedule of Values tab.
- On the Schedule of Values tab, edit the values for each line item in the associated agreement.
- Select Save.
Last Published Wednesday, August 21, 2024