The Waiver Request Form Tool creates two waivers that contractors are usually required to submit in order to get paid: a Waiver of Lien to date and a Final Waiver of Lien.
The program looks at the jobs in your Sage 100 Contractor database and displays them in a list to be selected by the user. Then selections are made from the vendors in the database to include up to fourteen vendors on the waiver. Next, the total contract price and total for the current payment are entered. Then the contract prices and current payments for the individual vendors are entered. These amounts automatically rollover when you create a new waiver for each job. Waivers are saved so the draw history can be reviewed – no more errors entering into spreadsheets!
Please note: Clients should contact their attorney prior to using any of the forms included in the Syscon Waiver Request Form Tool. Although the forms in this program are commonly used, they may have a significant impact on the ability to collect accounts receivable.