Create Application for Payment

Explanation

Use this activity to create an application for payment based on a contract. If any previous application exists for this contract, the valuation values or certified values will automatically be copied.

The currency, supply country, unique project and billing sequence of the item is used to create a unique application for payment. Billing sequence is a numeric value that you can assign to items that you wish to be grouped together when you create an application for payment. Example:

Currency	Supply Country	Unique Project	Billing Sequence	Group
USD	Sweden	P1	-	AFP group 1
USD	United States	P1	-	AFP group 2
USD	Sweden	P2	-	AFP group 3
USD	Sweden	P2	1	AFP group 4
SEK	Sweden	P2	2	AFP group 5

If Copy Contract Item Tax is enabled for the contract at the time of creating the application for payment, only the saved tax codes and percentages on the contract will apply to the created application. Any new tax codes in the system will not apply to the created application.

Prerequisites

• The contract should be in the Awarded, Under Review, Active, or Completed status.
• The contract revision should be in the Active status.
• A default project and revenue activity should exist on the contract.
• A general report code must be defined as a default value on the contract and it should be a valid report code on the revenue activity.

System Effects

• An application for payment will be created in the Planned status.
• A snapshot of the contract line and contract line item information will be copied to the application.

Pages

Application for Payment
Applications for Payment
Manage Sales Contract Items
Sales Contract
Sales Contracts

Activity Diagrams

Prepare Application