Detail Area

Enter the application amount and other application details in the detail area.

Important: If you enter values that conflict, the system generates an error or warning message when it calculates the MCD, retention, VAT, and other amounts. The system calculates the values when you exit a line. If you receive an error or warning message about conflicting data, use the Clear Line option on the Row menu to delete your entries, and then re-enter your data. The system recalculates the values. Examples of actions that might cause conflicts are entering both an MCD rate and an MCD amount, entering both a retention percentage and a retention amount, or exiting the line and then changing a value in the line.

MCD Rate (main contractor discount rate)

The system displays the rate that you entered for the subcontract order line. You can modify the rate.

Generally, you enter either an MCD rate or an MCD amount, or leave both fields blank if you do not apply the discount.

Retention Percentage

The system displays the retention percentage that you entered for the subcontract order line. You can modify the percentage.

Generally, you enter either a retention percentage or a retention amount, or leave both fields blank if you do not apply retention.

Application Amount

Enter the amount for which you process the application.

Labour Amount

Enter the labor amount if the purchase order transaction requires that you split the labor and materials amount.

The labor amount plus the value in the Materials Amount field must equal the amount that you entered in the Application Amount field.

Materials Amount

Enter the materials amount if the purchase order transaction requires that you split the labor and materials amount.

The materials amount plus the value in the Labour Amount field must equal the amount that you entered in the Application Amount field.

Retainage

Enter a retainage amount if you did not enter a retention percentage.

If you entered a retention percentage, the system calculates the retainage when you exit the line.

MCD Amount

Enter an MCD amount if you did not enter an MCD rate.

If you entered an MCD rate, the system calculates the amount when you exit the line.

Net Amount

The system calculates the net amount based on the application amount that you enter. The net amount is the application amount minus the MCD and retention amounts. The system runs the calculations and populates this field when you exit the line.

Application VAT

The system applies the VAT percentage from the tax rate area to the net amount and writes the VAT amount in this field. The system enables changes to this field if the processing option is set to enable changes.

The system performs the calculations and populates this field when you exit the line.

Gross Amount

The system populates this field with the total of the net amount and VAT amount. The system performs the calculations and populates this field when you exit the line.

Discount Available

Enter additional discount amounts.

Appl Pct (application percent)

The system displays the percentage of the application amount to the subcontract purchase order amount. For example, if the purchase order line amount is 1000 and the application amount is 300, the application percentage is 30.

Appl Cum Amount (application cumulative amount)

The system displays the total amount of the applications processed against the detail line.

MCD Amount Cumulative

The system displays the total amount of the MCD amount calculated for all applications processed against the detail line.

Note: The visual assist for this field displays the Lower Level MCD form on which you can maintain additional detail lines for the MCD amounts.

Cumulative Retention

The system displays the total amount of the retention for all applications processed against the detail line.

Note: The visual assist for this field displays the Lower Level Retention form on which you can maintain additional detail lines for the retention amounts.