Update Payment Certification Details - EcoSys - 2.03 - Help - Hexagon PPM

EcoSys Help - Contracts (2.03)

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EcoSys
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EcoSys Standard Version
2.03

The Payment Certification line items can be associated with contract line items, and payment amounts specified.

There are three types of Payment Certifications available: Milestone Payments, Monthly Invoice, and Retainage Payment. Only Milestone Payments and Monthly Invoice calculates the Retainage Amount using the Retainage % established in Contracts > Contract Setup > Contract Register - Register Admin. When Retainage Payment is utilized, outstanding Retainage Amounts are applied.

New Payment Certifications are created with an Open status. Payment Certification line items can be added only to the Payment Certifications with an Open status.