Track Draw Deadlines Fields Overview
General Contractor Invoice Grid
Proper Invoice Date
The date on which the GC submitted the invoice to the Owner. This column displays the Add Date link before the Proper Invoice Date (PID) has been recorded, after a date has been entered using the Record Invoice Date dialog box, the date is displayed. Selecting the date link allows you to edit the PID.
Owner Response Deadline
The date by when the owner must respond to the GC if they are going to change or dispute the amount. This date is calculated based on the options that were selected on the Project Settings page, and is calculated based on the Proper Invoice Date.
Response
The date on which you received a response from the Owner. Before a response is received, this column displays the Respond link, selecting this link opens up the Proper Invoice Response dialog box. Use the Proper Invoice Response dialog box to enter the date and attach the response you received from the Owner. After a response date has been entered, the column displays the date, select the date link to edit the response date.
Payment Due
The date on which payment is due from the Owner to the GC. This date is calculated based on the option that was selected using the Project Setting page and is calculated based on the Proper Invoice Date (PID).
Payment Delay
The date on which a payment delay notice was received from the Owner. Before a response is received, this column displays the Delay link, selecting this link opens up the Owner Payment Delay dialog box. Use the Owner Payment Delay dialog box, to enter the date and attach the payment delay notice you received from the Owner. After a date has been entered, the column displays the date, select the date link to edit the delay response.
Received
The date on which the GC received funds from the Owner. This is the date that was entered on the Manage Owner Funding page.
Net Payment Due
The total payment due from the Owner for this project and draw.
Funded
The sum of all of the owner funding allocations entered on the Manage Owner Funding page for the selected project and draw
Unpaid Balance
The Net Payment Due minus the Funded amount.
Subcontractor Invoice Grid
Submitted
The date on which the Subcontractor submitted the invoice for the selected draw.
Response Due
The date by when the GC must respond to the Subcontractor if they are going to change or dispute the amount. This date is calculate based on the options that were selected using the Project Settings page.
Response
The date on which the (GC) responded to the Subcontractor. Before a response is entered, this column displays the Respond link, selecting this link opens up the Invoice Response dialog box. Use the Invoice Response dialog box to enter the date and attach the response you sent to the Subcontractor. After a response date has been entered, the column displays the date, select the date link to edit the response date.
Payment Due
The date on which payment is due to the Subcontractor.
Payment Delay
The date on which you sent the payment delay notice to the Subcontractor. Before a response is sent, this column displays the Delay link, selecting this link opens up the Payment Delay dialog box. Use the Payment Delay dialog box to enter the date and attach the payment delay notice you sent to the Subcontractor. After a date has been entered, the column displays the date, select the date link to edit the delay
Disbursed
The date on which the payment was disbursed to the Subcontractor.
Net Payment Due
The net payment due to the Subcontractor for the selected invoice.
Funded
The total amount of funds that was disbursed.
Unpaid Balance
The Net Payment Due minus the Funded amount.
Last Published Wednesday, July 10, 2024