How to Create a Schedule for a Funded Contract (VIC)

Overview

In this tutorial, we will discuss how to create a schedule for a funded contract (VIC).

Step Tutorial

1. From the Dashboard, go to Finance, then to Contracts, and then Schedules.

2. Click on the New button.

3. A pop-up will appear. Add a value to the following fields:

Part 1: Details

1. Purchasing Schedule ID – Enter your purchasing schedule id.
2. Name – Enter the schedule id name.
3. State – Select VIC from the dropdown.
4. Funding Payment Model – Identify the funding payment model.
5. Concession – Select all the applicable concessions for your schedule.
   

NOTE: Enable the Active toggle to make the funding source available.

Once done, click on the Continue button to proceed to the next part.

Part 2: Outcome Payments

Outcome Payment Rule Template - Select your Outcome Payment Rule Template.

Once done, click on the Continue button to proceed to the next part.

Part 3: Payment Rules

Payment Schedule Rule Template – Select the Payment Schedule Template. 

Once done, click on the Submit button to save.

4. You will be notified of the successful creation of a funded contract schedule. Click on the OK button to close.

5. You should see the recently added schedule in the list.

And that is how you can create a schedule for a funded contract (VIC).

Congratulations on completing this tutorial. We hope this has been helpful to you and your organisation. For any questions or concerns regarding this function, please reach out to us via email at support@eskilled.com.au.

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