SUBCONTRACTS
- DESIGN CONCEPTS
- The Subcontracts module is designed to control the issuance of subcontracts, change orders and subcontract payment requests (including retention); and enables you to report on the status of the resulting commitments.
FEATURES-
- • Multi-company environment allows a subcontract to be written on one company and expensed to one or more related companies.
- • Supplier file can be maintained that is independent of the Accounts Payable vendor file.
- • Subcontracts can be sequentially numbered by company or prefix.
- • Demographic data and comments are maintained for each supplier.
- • Flexible subcontract entry screens meet the needs of specific users.
- • Retention schedules can be created and associated with subcontracts.
- • Change orders can be written for a subcontract.
- • Standard contract clauses can be defined and appended to subcontracts.
- • Extensive text description capability for subcontract line items and change order line items.
- • Commitments can be generated to the Cost Accounting module when a subcontract is costed to that subledger.
- • Encumbrances can be generated to General Ledger.
- • Flexible subcontract print formats meet the specific needs of each user.
- • User-defined payment control codes can be appended to subcontracts to insure compliance with bonds, insurance, liens, etc.; additionally, these codes can control payments to subcontractors.
- • Subcontract payment requests can be generated with retention calculation and the subsequent automatic creation of accounts payable invoices.
- • Provides for the accrual of subcontractor billing not received, with automatic reversal.
- • Automatically reconciles the commitment with the actual cost when a subcontract is closed.
- • Multi-level On-line Subcontract Inquiry
Subcontract Selection Screen
Subcontract Line Item Summary
Payment Request Summary
Payment Request Detail
• Purge processing capability for deleting completed subcontracts.
- MODULE INTERFACE
- REPORTS
-
Control File Section Listings
Subcontract Payment Control
Supplier File
Subcontract Payment Request
Supplier Mailing Labels
Subcontract Summary
Unposted Subcontracts
Subcontracts Audit
Subcontracts
Unapplied Payments
Subcontracts Subledger
Change Orders
Subcontract Status
Commitment Summary
The following System 20/20 modules send (
) transactions to and receive (
) transactions from the Subcontract module.
|
|
|
TRANSACTIONS | ||
Contracts Management |
|
Subcontract orders and/or change orders, backcharge change orders |
|||
Accounts Payable |
|
Subcontract payment request invoices |
|||
Cost Accounting |
|
Commitments and commitment relief transactions |
|||
General Ledger |
|
Subcontract encumbrances |