Entering Owner Funding

To add an Owner payment and apply it to a draw:

Navigate to the Owner Funding List Page
A user with the Manage Owner Funding permission can access this page, but users with the Manage Owner Funding permission can only apply payments to projects in which they are assigned the Owner Funding Manager role.
- From the Tools menu at the top of any page, select Owner Funding List.
- From the Draw menu at the top of any project page, select Owner Funding List.
- From the Tasks page, use the Owner Funding List link.
- From the Owner Funding section of the Draw Home page, select the Owner Funding List link to open the Add Payment pane and record a new payment. That payment will appear as a record on the Owner Funding List page, but is not yet applied to any specific draw. When you add the payment in this way, you will be directed to the Fund Subcontractor Invoices page where you can apply it to any open draw. You can also save this new payment and apply it at another time.
  Note: Selecting the Add button in the Owner Funding section of the Draw Home page will open the same Add Payment pane you will see if you enter Owner funding on the Owner Funding List page.
From the Owner Funding List page, select the +Add button.
An Add Payment pane opens on the side of the page.
In the pane, select a project from the drop-down list.
If accessing the Owner Funding List from a project, the project field will be prepopulated with the project name.
Enter the required fields under the Payment Information section.
See the Owner Funding List Fields topic for field descriptions.
Optional. Select the Notify Project Team check box to send a Disbursement Notification to all users assigned the Project Manager, Compliance Manager, Authorizer, or Disburser user role on the project.
See Sending a Disbursement Notification for the steps to send a notification and how this functionality works on the Manage Draw Payments and Authorize Payment pages.
After completing the required fields, select the Add button at the bottom of the pane.
The pane closes and the application opens the Fund Subcontractor Invoices page. The entered payment amount appears on the page along with draws you can select for the payment.
From the Fund Subcontractor Invoices page, select an available draw from the Select Draw to Fund table.
A list of all participant invoices available to receive funds in the selected draw appear in a Fund Draw Invoices table.
From the Fund Draw Invoices table, either:
- Select the Fund Remaining check box to apply the entire payment amount to the selected invoice.
- Enter a payment amount in the Funded by this Payment column to apply a partial amount of the Owner check to the selected invoice. When you enter an amount in this field, the Funded by this Payment field column in the Select Draw to Fund table updates.
Select the Save button.
- The application returns to the Owner Funding List page.
- The Owner Funding List page shows how much of the Owner payments you applied to Subcontractor invoices and the balance of each payment.

Next: Viewing Owner Funding Payments