| Remittance Agreements (tfacp3130s000) |  |
| Use this session to maintain remittance agreement data. A subcontractor creates a remittance agreement for a main contractor. You maintain the amount and the wage details in this session. When Common processes subcontracting invoices, the percentages defined in the session are automatically deducted from the invoice amount before the amount is paid. Define the date details for the remittance agreement on the Date Details tab. You can also view the status of the agreement. Related topics To use a details session Operation subcontracting without material flow support
Fields | Description
Remittance Agreement | A subcontracting document that contains agreements about how the payment for a project will take place. For example, the remittance agreement states that part of the invoice amount must be paid to the subcontractor's industrial assurance board (IAB) and to the tax authorities. No payment is made to the subcontractor without a remittance agreement. Related topics Operation subcontracting without material flow support
Subcontractor | Select the subcontractor's linked to the remittance agreement. Related topics Operation subcontracting without material flow support
Project | Select a project code. The project code uniquely identifies a project. A project can be: A main project A sub-project A single project Related topics Operation subcontracting without material flow support
Distinguishing Mark Business Partner | A unique search argument for the selected remittance agreement. Enter, for example, your own remittance agreement code. This distinguishing mark can only be used for one agreement. ERP LN uses it to: Make payments to the tax authorities Make payments to the industrial assurance board Make transfers to a blocked account Related topics Operation subcontracting without material flow support
Search Key | The search key allows the user to search in the remittance agreement file. Related topics Operation subcontracting without material flow support
Work Description | A short description of the activities. The default value is the description of the selected project. This value can be overwritten.
Total Agreement Amount | Enter the total amount the remittance agreement refers to. This amount includes: Labor costs Material costs sundry costs Related topics Operation subcontracting without material flow support
Total Agreement Amount | Select the currency in which the agreement amount is expressed.
Wage Part Percentage | A percentage of the remittance agreement amount allocated for labor costs. Related topics Operation subcontracting without material flow support
Wage Part Amount | Part of the total amount set aside for labor costs. You can only access this field if the Wage Part Percentage field does not contain a percentage. The amount entered here will (partially) be transferred to a blocked account or to the tax authorities or industrial assurance board. Related topics Operation subcontracting without material flow support
Percentage to Blocked Account | The percentage of the entered labor cost amount, which is to be remitted to the selected subcontractor's blocked account. You can only use this field if the selected subcontractor is not affiliated with a warranty fund. You specify this in the Subcontractors (tfacp3510m000) session. Related topics Operation subcontracting without material flow support Subcontractors (tfacp3510m000)
Percentage to I.A.B. | A percentage of the labor cost amount to be remitted to the industrial assurance board (IAB ) linked to the selected subcontractor. Allowed values The sum of the percentage entered in this field and the percentage entered in the Percentage to Tax field cannot exceed 100. You can only use this field if: The selected subcontractor is not affiliated with a warranty fund. This is specified in the Subcontractors (tfacp3510m000) session The Percentage to Blocked Account field is not filled Related topics Operation subcontracting without material flow support
Percentage to Tax | The percentage of the entered labor cost amount to be remitted to the tax authorities. Allowed values The sum of the percentage entered in this field and the percentage entered in the Percentage to I.A.B. field cannot exceed 100. You can only use this field if: The selected subcontractor is not affiliated with a warranty fund. This is specified in the Subcontractors (tfacp3510m000) session. The Percentage to Blocked Account field is not filled. Related topics Operation subcontracting without material flow support
Number of Hours | The number of hours the subcontractor has agreed to spend on the selected project. Related topics Operation subcontracting without material flow support
First Year-Month | The first year of the subcontractor's involvement in the project. Related topics Operation subcontracting without material flow support
First Year-Month | The first month of the subcontractor's involvement in the project. Related topics Operation subcontracting without material flow support
Last Year-Month | The last year of the subcontractor's involvement in the project. Related topics Operation subcontracting without material flow support
Last Year-Month | The last month of the subcontractor's involvement in the project. Related topics Operation subcontracting without material flow support
Agreement Date | The date on which the remittance agreement is created. Default value The system date. You can overwrite this date. Related topics Operation subcontracting without material flow support
Agreement Status | The status of the remittance agreement.
Safeguarding Statement received | If this check box is selected, you have received the safeguarding statement from the warranty fund. The invoices for this project can be paid because the fund warrants the execution of the work by the selected subcontractor. The field is applicable if the selected subcontractor is affiliated with the warranty fund. This is specified in the Subcontractors (tfacp3510m000) session. If the safeguarding statement has not been received, you can manually add the invoices to the payment selection. Related topics Operation subcontracting without material flow support To process purchase invoices