Commercial¶

What this is¶

Commercial covers the money side of a project: payment applications, payment notices, pay less notices, retention, and final accounts. Commercial records are raised against either a project's main contract or a specific trade package.

Who can use it¶

Super Admin and Admin can create and progress commercial records. Client users can view commercial records for their own organisation's projects.

Where to find it¶

Open a project and select Commercial from the project sidebar. It is organised into tabs, including Payment Applications, Variations, Retention, and Final Account.

How the commercial chain connects¶

flowchart LR
    A[Payment Application] --> B[Certification]
    B --> C[Payment Notice]
    B --> D[Pay Less Notice, if disputed]
    C --> E[Final Date for Payment]
    D --> E
    E --> F[Final Account]
    F --> G[Retention Release]

In this section¶

Common mistakes to avoid¶

Certifying a payment application before checking the calculated totals against the actual valuation.
Issuing a pay less notice after its deadline has passed — SureSign will show the notice as late, but it does not stop you issuing it; check your contract's requirements first.

What to do next¶

Start with Payment Applications if you are new to this area.