In iTWO cx Progress Payment Certificate's (PPC) are automatically generated and issued to the claimant when you approve a claim.
Depending on your Project the Progress Payment Certificate(PPC) maybe referred to as the Progress Payment Schedule (PPS). Both forms have the same functionality and differ in name only.
Payment Schedules / Certificates look like this:
Each Payment Schedule / Certificate contains a breakdown of the Contract value and adjustments, the total value of work to date (including variations), total retention to date (if applied) and the Payment certified for this claim.
Payment Withheld
To comply with legislation the Payment Schedule / Certificate also highlights the amount claimed, the amount scheduled and the difference as payment withheld. The reason for withholding and line item in question is displayed beneath.