The Payment Certificate Issued document records the certified value of work completed by the subcontractor based on the Payment Application Received. It represents the main certification document confirming the amount payable to the subcontractor for the current period.
This document mirrors the Payment Certificate Received process but is specific to Subcontractor Agreements (SA), certifying the value of work performed under each SA.
How to Create
How to Create
The Payment Certificate Issued document is primarily generated from the received Payment Application using the Generate function, which automatically pulls in all default information.
Alternatively, it can be created manually within the Project Costing module or the Purchasing module.
- Project Costing→ Subcontractors Management → Payment certificate issued.
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Quantity - Quantity of work certified in this certificate
Amount (Excl. VAT) - Certified amount excluding VAT.
VAT % - Applicable VAT rate (e.g., 5%).
Retention-
- Total (before retention) - Certified amount before applying retention.
- Retention% - The percentage of the amount to be retained.
- Retention - The calculated retention value based on the retention percentage.
- Retention VAT - VAT portion attributable to the retained amount.
VAT Amount - VAT on the non-retained portion.
Total - Final amount payable, including VAT, after retention.
- Project Task - Specific task linked to the item.
Description - Detailed label or scope of work.
Project WBS - Work Breakdown Structure reference.
Requisition - Reference to the requisition document.
Comment - notes for clarification or remarks.
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Agreement - Original contract quantity and value agreed with the subcontractor.
Payment Application - Quantity and value claimed by the subcontractor in submitted applications.
Payment Certificate - Quantity and & value approved or certified by to the main contractor.subcontractor
Invoiced - Quantity and value formally invoiced by subcontractor for payment.
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