You can define progress payment events to track payment for completion of activities, such as site setup, foundation, and other milestones.
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Click Financials - Progress Payment Events on the menu.
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Click Add Row.
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Enter a unique sequence number in the Seq cell.
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Click Progress Payment Events and select a predefined event.
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Each event can only be selected once.
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If none of the predefined events is suitable, you can type a new progress payment event in the Event cell and the event description in Short Description and Description cells.
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Click Planned Completion Date and select the date when the milestone is planned to be completed.
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Type the number of weeks between this event and the previous event in the No. of Weeks cell.
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Type the percentage of payment required for this event in the Percentage of Payment cell.
The sum of all payment percentages must equal 100 percent.
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Click Save.