Payment Hold Settings

Variation

Require Variation Compliance tick box

Choose this setting to automatically place holds on payments to any Subcontractor out of compliance with allocated variations. Contact your Textura implementation team if you think you need to use this setting.

Payment Application

Track Negative Payment Application tick box

Choose this setting to automatically place a hold on payments to Subcontractors who submit negative payment applications.

Track Overbilled Contracts tick box

Choose this setting to automatically place holds on payments to any Subcontractor with a billed amount greater than the current contract value.

Track payment applications with Stored Materials tick box

Choose this setting to automatically place holds on payments to any Subcontractor with billed stored materials.

Track Split Payments tick box

Choose this setting to automatically place holds on payments to any Prime Subcontractor who has a split payment. A Project Manager must manually release payment application Holds on the Edit Payment Status page.

Track Failed payment application Exports

Choose this setting to place automatic holds on all payment applications that are exported. The hold is automatically released when an export receipt is received from the ERP. This setting is available to Main Contractors for projects that have ERP receipts enabled. Main Contractors can use the Edit Payment Status page to manually release this hold. This setting is displayed only if it has been enabled by your Textura administrator.

VAT Invoice

Hold Payment for missing prior period VAT Invoices tick box

Choose this setting to require the system to place a hold on payments for any Subcontractor missing Sub-Tier Subcontractor and Material Supplier VAT Invoices from a previous period.

Hold Payment for missing current VAT Invoices tick box

Choose this setting to require the system to place a hold on payments for missing Sub-Tier VAT Invoices, and then select from four options: