Skip to Content
0
Jan 18, 2013 at 12:38 PM

Terms of Payment for Service work order (with material)

15 Views

Dear Experts,

I am doing a scenario -

Service work order (with material) e.g. Pipe installation. Vendor will use own material (i.e. Pipes)

Suppose service quantity is 10, rate is Rs.10/- (total amount Rs.100/-)

I have to pay him in three steps -

1) After receiving the pipes 60% of total work order amount (i.e. Rs.60/-)

2) After completion of service 20% of total work order amount (i.e. Rs.20/-)

3) After supervision of service 20% of total work order amount (i.e. Rs.20/-)

After receiving the material by vendor, there is no any track .

how can I do that?

Kindly suggest.