HC Project Information
Advance Payments
This setting is used to record and recover payments made prior to billing.
- Default Percentage per Progress Claim— Enter the percentage of each progress claim that is used to recover advanced payment from a Subcontractor.
Project Currency Settings
- Multiple Currencies—Select multiple currencies for a project.
- Functional Currency—Choose the default currency for a project.
Project Translation Setting
Set a project translation language:
- English-Australia
- English-US
- English-Canada
- English-UAE
- English-UK
Project Bond Settings
Bonding settings are used on projects that must provide proof of a bond performance. The system does not use this information, but it may be displayed on custom documents.
- Bonding Institution—Enter the name of the institution that issued the bond.
- Bond Amount—Enter the dollar amount of the bond.
- Expiry Date—Choose the expiration date.
Project Unit Settings
- Unit Billing Option—This setting is used to determine how the system calculates unit billing.
- Hold Unit Price Constant—Choose this option to calculate unit billing against a static Unit Price value. The system defaults to this option.
- Hold WB Total Constant—Choose this option to calculate unit billing against a Work Breakdown (WB) total.
Last Published Wednesday, July 10, 2024