Subcontracts

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