On the Forecast Payments screen, you can see the amount of money to be paid on particular progress payment events. The events are attached to the agreement on the Progress Payment Events screen. When you approve the agreement, the forecasted payments are automatically created. If you reverse the approval, the forecasted payments are deleted.
The payment currency is displayed in the Currency cell. The Seq cell shows the order sequence of the event, and the Progress Payment Event cell shows the progress payment event name. The percentage due on the predicted payment date is displayed in the Percent cell. The Percent Total Cost cell shows the absolute amount for the selected currency based on the percentage of the progress payment event. The date for which the progress payment event is expected or predicted to occur is displayed in the Predicted Pay Date cell.