Creating Split Payments and Joint Checks

Use the Edit Payment Status screen to cut a joint check to a Sub-Tier Subcontractor or Supplier. Joint checks are created as split payments on the system.

You may also need to create a split payment to partially pay a Subcontractor or to reflect the Subcontractor was manually paid outside of the system.

See Creating Partial Payments.

To create a split payment, a Subcontractor's invoice must be approved.

From the Manage Draw Payments page, choose the Edit link next to the Subcontractor whose payment must be split.
From the Split Payments section of the Edit Payments Status page, add the split payment details.
1. In the Organization field, enter the name of the organization receiving a joint check.
2. In the Invoice Amount field, enter the amount to pay the organization. This amount will be paid by manual check.
3. In the Date Paid field, select the calendar icon and choose a date from the dialog box.
4. In the Check Number field, enter the number of check used to pay the organization.
Select the Add button.

The Subcontractor's row changes:

The Payment Method is Split.
The Payment Amount is adjusted.
The Payment Status is Held.

A new row displays the split payment.

The Date Created displays the current date.
The Payment Method is Check.
The Payment Amount shows the amount you entered.

The Manage Draw Payments page shows the split payment.

Caution: The Subcontractor is automatically on a Split Payment Confirmation Hold until the split payment is confirmed. The Subcontractor must agree to the recorded amounts before you can disburse the remaining ACH payment.

Notes:

If a project includes the Track Split Payments project settings, payment will remain on hold until the General Contractor also releases a General Contractor Split Payment Tracking Hold.
The Subcontractor still receives payment electronically.

Next: Creating Partial Payments