| # Subcontractors (tfacp3110s000) Use this session to maintain the subcontractors details to handle the payments of subcontracting invoices. You must do the following: Link the industrial assurance board (IAB) to the subcontractor. Indicate the IAB number and the P.A.Y.E. number. Specify the end dates for the statements for both the parties. The last reminder date. Indicate if the subcontractor is affiliated with a warranty by selecting the Warranty Fund check box. Subcontractor The subcontractor. Select an invoice-from business partner for whom the Subcontracting check box is selected. Industrial Assurance Board The code for the industrial assurance board (IAB) linked to the selected invoice-from business partner. You can transfer amounts from a subcontracting invoice directly to an IAB. I.A.B. Member Number The subcontractor's registration number of the industrial assurance board (IAB). You can access this field only if an IAB code is entered in the Industrial Assurance Board field. You must enter a unique registration number in the I.A.B. Member Number field. If the number belongs to another business partner, the system gives a warning. End Date of I.A.B. Statement The last date on which the industrial assurance board (IAB)'s statement of account submitted by the subcontractor is valid. The subcontractor can exceed this date by the number of days defined in the Subcontracting Parameters (tfacp3100s000) session. If the date for the statement of account is exceeded, the subcontractor's invoices are not automatically selected for payment. However, you can manually select the invoices for payment. P.A.Y.E. Number The number under which the selected subcontractor is registered with the tax authorities. ERP LN uses this field for payments. End Date of P.A.Y.E. Statement The last valid date for the P.A.Y.E. statement of account, the subcontractor submits. The subcontractor can extend this date by the number of days defined in the Subcontracting Parameters (tfacp3100s000) session. If the date for statement of account is extended, the subcontractor's invoices are not automatically selected for payment. You can manually select the invoices for payment. You can also generate reminders in the Print Reminders for Missing Statements (tfacp3440m000) session. Warranty Fund If this check box is selected, the subcontractor selected is affiliated with the Warranty Fund. The capital of this fund is used as collateral (security) for payments. For each remittance agreement a safeguarding statement is received from the Warranty Fund. If the safeguarding statement is not received, the invoices related to the remittance agreement are not automatically selected for payment. However, you can manually select the invoices. Last Reminder Date The date on which you send a last reminder to the subcontractor, with regard to the IAB and PAYE statements. ERP LN updates this date when a reminder is printed, and does not print a new reminder for the selected subcontractor before the next reminder date is reached. This date is calculated by adding the date of the last reminders to the number of days recorded in the Days Between two Reminders field of the Subcontracting Parameters (tfacp3100s000) session. |