Modifying Payment Option

Use the Payment Status page to update the method used to pay an organisation.

Navigate to the Payment Status Page
To access the Payment Status page:
- From the Payment/Statutory Declarations section of the Period Home page, select the Manage Payments link.
- From the Edit column on the Manage Period Payment page, select the Edit link.
From the Payment options tile, select Edit.
Payment type options display.
Select the method in which you will pay the Subcontractor's progress claim.
- EFT: An electronic funds transfer
- Manual Cheque: A manual cheque sent to the Subcontractor outside the application.
- TPA: Only available when a contract is Textura Payment Accelerator eligible; an electronic payment provided from a third party Funder.
Select Update.
A Confirm Payment Method Update dialogue box displays.
From the Reason drop-down list in the Confirm Payment Method Update dialogue box, select an available option.
If you select Other, you will need to manually provide a reason for the changed payment method.
Select Confirm.
- A Payment type updated successfully message displays at the bottom of the page.
- The Payment options tile reflects the payment method change.
  Notes:
  - You can see the current payment method in the Progress claim remaining balance, split payments and partial payments section.
  - You cannot select the TPA Payment Method once you choose another payment method.
  - ATL Disbursers and Owners disbursing funds to Head Contractors can use the Payment Status page to switch the payment option for an individual Head Contractor progress claim from EFT to Manual Cheque or vice versa. The change will not affect On System Sub-Tiers. Signed statutory declaration documents are removed when a Head Contractor progress claim is switched to the Manual Cheque payment option.
  - If you switch a payment method from Manual to ACH, it needs to be authorised before your organisation can disburse it.

Next Topic: Configuring Statutory Declaration Payment Holds