Enter progress payment events - Intergraph Smart Materials - Version 10.1 - Help - Hexagon

You can define progress payment events to track payment for completion of activities, such as site setup, foundation, and other milestones.

1. Click Financials - Progress Payment Events on the menu.

2. Click Add Row.

3. Enter a unique sequence number in the Seq cell.

4. Click Progress Payment Events and select a predefined event.

   

   • Each event can only be selected once.

   • 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.

5. Click Planned Completion Date and select the date when the milestone is planned to be completed.

6. Type the number of weeks between this event and the previous event in the No. of Weeks cell.

7. 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.

8. Click Save.