Page History

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Note: Based on the selected invoice type, the relevant tabs, fields, and calculations will automatically adjust to suit the billing method.

1. If the Progressive option is enabled,

   below

   the following tabs will be available

Project Structure tab

It displays the list of project tasks with their hierarchy, estimates, progress, and billing details for preparing the payment application.

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• Current%  - Percentage of work being claimed in this application.
• Cumulative%  - Total completed percentage, including current and previous.
• Quantity - Calculated from cumulative % and estimate.
• Amount (Excl. VAT) - Net value of current application before VAT.
• VAT% - Tax rate applied (e.g., 5%).
• Retention Total / % / Retention - Gross amount before retention, retention rate, and retained amount.
• Retention VAT - VAT applied on the retained amountTotal (before retention): Gross amount prior to applying retention.
  % / Retention / Retention VAT: % indicates the retention rate, Retention is the withheld amount, and Retention VAT is the VAT calculated on that amount, displayed only when the Ret. VAT option is enabled in the retention invoice.
• VAT Amount - VAT on the payable amount after retention.
• Total - Final payable amount (amount minus retention plus VAT).
• Comment - Any additional remarks, if needed.

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• Item / Content-Identifies the specific service, work, or resource being billed.
• Quantity: Indicates how many units are being applied for in this billing cycle.
• UOM (Unit of Measure): Defines the measurement types.
• Price: Unit rate defined in the contract.
• VAT% and VAT Amount: Shows Displays the tax percentage rate and the calculated VAT based on the price and quantitycalculated VAT for the selected item. This VAT is not posted for tax liability, as the deduction function creates no VAT accounting entries. Recommended mainly for out-of-scope expenses.
• Amount: The total value before tax, calculated from quantity multiplied by price.
• Total: Represents the complete billing amount, which may include VAT depending on system logic.

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If only a Payment Application with the advance type is created without the corresponding advance invoice, it will not appear in the offset list. The advance invoice must be completed for it paid to be available for offsetting.

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