CONTRACT TRAINING | Contracts

Fund Allocation to Billing Terms in a Contract

Click Contract Training > Contracts.
In the Contract Management screen that pops-up, users will have to choose the option denoted as 'Edit'.
Fill up the required fields and click the Add link in the Billing Terms.

Enter the term of payments by choosing the preferred one from the drop-down box next to Payment Terms.

Select the date of invoice from the calendar in the Invoice Date alphanumeric field.
The last date for the payment has to be entered in the Payment Due Date field.
The due amount has to be entered in the Amount Due field.

Note:

The value entered in the Allocation from [Fund Name] should not exceed the assigned amount value for the fund. It also should not exceed the 'Amount Due' field.
Only one field for each fund would be displayed if more than a single fund has been assigned towards the contract.
The sum of all Fund ‘Assigned Amount’ values validated is equal to the sum of all Fund allocations to ‘Billing Terms’ for the contract. A pop-up would be displayed if the sum of assigned amount is greater than the sum of allocated funds.