Modules

Contracts & payment plans

Milestone payment plans for buyers, rounded to your currency’s precision (3 decimals for OMR, 2 for AED), with reminders 7 days before and on the due date. On the build side: contractor contracts, variations, progress claims (IPC) with certification, retention and contractor payments.

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Contracts & payment plans

Sales milestones and contractor claims

  • Payment plans by percentage or amount, linked to construction stages
  • Milestone reminders (7 days before / on due)
  • Contractor register and contracts with scope, value and period
  • Variations with count and value
  • Progress claims: Submitted → Certified → Paid, with retention held automatically
  • Retention release on completion

Certify a contractor claim

  1. Contracts → Contractors: register the contractor and create the contract.
  2. Record the progress claim (IPC) with the work percentage.
  3. Certify it: FAPT computes retention and the net payable and creates a payment voucher.
  4. Finance pays the voucher; the claim moves to Paid and the ledger is posted.