Transfer Info tab is used to track general totals of progress payments transferred from previous carry-over. The progress payment production total that is transferred from the previous period, VAT total and deductions total are shown under this tab. The specified transfer totals are added to the progress payment of which transfer information is entered and to the previous totals of the progress payments that are calculated afterwards.
Progress Payment Production Total | It is used to specify the total of progress payment production that has been transferred from the previous periods. |
Total of Deductions to Be Applied | |
VAT Total | It is used to specify the VAT total of progress payments that has been transferred from the previous periods. |
Payments Total | Payments total is calculated by adding progress payment production total to VAT total that have been transferred from the previous periods. You cannot enter data in this field. |
Deductions Total | It is used to specify the deductions total of progress payments that has been transferred from the previous periods. |
Grand Total | Grand total is calculated by subtracting Deductions Total from Payments Total. You cannot enter data in this field. |