Update Sub Contract Valuation Plan

Explanation

This activity is used to update the Sub Contract Valuation Plan to show the latest position of the Sub Contract. This function should be used to refresh the Sub Contract Valuation Plan with the changes happened on the Sub Contract during the time of creating the plan and send it to Cash Plan. For an example, a Valuation which was in the “Planned” status when creating the Valuation Plan, could have been certified when the Sub Contract Valuation Plan is activated. 

Prerequisites

In order to perform this activity:

System Effects

As a result of this activity, the existing Sub Contract Valuation Plan will be updated with the details of the valuations and Sub Contract information. The users should review the plan, before activating it.