Application for Payment in Project
An AFP can be generated from the Scope Document (tpctm6600m000) session when the Scope of Work functionality is used. You can also generate AFP from the Generate AFP from Physical Progress (tpppc6230m000) session when the Scope of Work functionality is not used.
In the Application for Payment (tpppc6630m000) session, you can maintain the AFP data submitted by the contractor at the end of a period. The AFP includes details about the scope of work.
When a new AFP is created from a scope document, all the relevant scope data is copied along with details of the completed work up to the final AFP. The progress of activity mentioned in the AFP is evaluated by a surveyor, who can be a site engineer or a customer’s representative. The certified data of the surveyor is specified based on the applied value (the certified values can be different from the applied values). After an AFP is certified, an installment is created to generate an invoice for the AFP using the Create Installment for Applications for Payment (tppin1220m000) session.
- Applied Progress: The progress reported by the contractor for the current AFP, based on the percentage of work completed.
- Applied Amount: The amount reported by the contractor for the current AFP, based on the percentage of work completed.
- Applied Quantity: The quantity reported by the contractor for the current AFP, based on the percentage of work completed.
- Certified Progress: The progress that is certified by the customer for the current AFP, based on the percentage of work completed.
- Certified Amount: The amount certified by the customer for the current AFP, based on the percentage of work completed.
- Certified Quantity: The quantity certified by the customer for the current AFP, based on the percentage of work completed.
- Previous Periods: The work Applied and certified in the previous periods.
- Current Period: The work performed in current period that is yet to be Applied.
- Cumulative: The work performed in the previous period + work performed in the current period.