Add Sub Contract Default Values
Explanation
This activity is used to enter default values on the sub contract. When
default information is registered, some of the data is carried over to the
Sub Contract/Items tab. Most of the tabs in the Sub Contract
window will automatically use information from the Defaults tab as
default information when required fields are left blank, as necessary.
Note: If the sub contract revision is Frozen, changing the
information in the
Defaults tab does not affect the fields in the
Revision tab.
Prerequisites
- A sub contract must exist.
- Alternatively, sub contract defaults can be registered at the same
time that you are creating the sub contract.
- If the supplier should be allowed to create application for
payments against this sub contract in the system, this supplier must be
defined as a business-to-business (B2B) supplier.
System Effects
- Sub contract defaults are saved on the sub contract.
Window
Sub Contract
Related Window Descriptions
Sub Contract/Defaults
Procedure
- Open the
Sub Contract window.
- Create (F5) a new sub contract or query (F3) for the necessary sub
contract. For more information on how to create a sub contract, refer the
activity Create Sub Contract.
- Click the
Defaults tab and add the relevant default
information. If a supplier has been entered for the sub contract Payment
Term, Payment Method and Tax Code are picked from the
supplier's table as default values but can be changed.
- Enter the total retention and/or
final retention for the contract.
The retentions should be between 0% and 100%. Since the final retention is
included in the total retention it should be less than or equal to the
total retention.
- You can also define a maximum retention for the contract as a fixed
value or a percentage. If the Percentage option is
selected, Maximum Retention Percentage field will be
enabled to enter the percentage, and the maximum retention values for all
item currencies will be automatically calculated for an active revision. If
the Fixed Value option is selected, right-click on the
contract and select the Maximum Retention menu option, to
define the maximum retention values for each item currency.
- Optionally, select B2B-Supplier, Create Valuation
Allowed if the supplier should be able to create applications for
payments against this sub contract in the system
- Save the information (F12).
- Note that when saving if any required fields are left blank, and
relevant defaults have been specified, then the default information will be
assigned automatically to the relevant blank fields.