Monitor Valuation Certificates

Explanation

This activity is used to monitor valuation certificates.

Throughout the processing of the application (for payment) it is possible to monitor the current status in the Certificate Summary tab and view a full summary of the certificates created for the valuation. Total cumulative certificate values, previous certificate values and the values of the current certificate are displayed in the summary window. In addition to the certificate values, application summary information is also shown. The certificate connected to the application (for payment) received is based on these summary values which are similar to the report of this certificate.

Note: All summary amounts in the Certificate Summary tab are in the valuation currency. If the sub contract contains items in other currencies, they will be in different valuations and hence will not be included in this certificate summary.

Prerequisites

A valuation with line items must exist.

System Effects

N/A

Window

Sub Contract Valuation

Related Window Descriptions

Sub Contract Valuation/Certificate Summary

Procedure

  1. Open the Sub Contract Valuation window and query (F3) for the necessary valuation.
  2. Click the Certificate Summary tab.
  3. Observe the summarized details.

Note: The data in this data will be updated automatically throughout the processing of the application and it is mainly based on the Item Level Certificate check box. This means that if the Item Level Certificate check box is selected, all the columns in the tab are totals rolled up from the Item Valuation tab. If the Item Level Certificate check box is not selected, all the columns in the tab are totals from the Total Valuation tab where all the summary level amounts are entered.