What You Should Know About Application Entry

Note these factors as you enter applications:

  • The system uses the payment due date from the payment terms unless you override the due date on the Additional tab.

  • The system calculates the MCD, VAT, and retention in the order that you specify in the SPC constants.

  • Use the Clear Line option on the Row menu on the SPC - Application Maintenance form to return to the default values from the purchase order.

    You might use this option if you make errors in your entries. For example, if you enter 2 in the MCD Rate field and enter an amount in the MCD Amount field that does not equate to 2% of the application amount, then the system generates a warning or error message when it calculates the amounts.

  • The visual assist button for the MCD Amount Cumulative field launches the Lower Level MCD form on which you can maintain additional detail lines for the MCD amounts.

  • The visual assist button for the Cumulative Retention field launches the Lower Level Retention form on which you can maintain additional detail lines for the retention amounts.