How to use Contract Standards and Payment Letters

Learn how to take advantage of Mastt's new Contract Standards and Payment Letters, providing one click generation of Payment Certificates or Schedules!

• Creating a Contract using a Contract Standard
• Downloading the new Payment Certificate or Schedule

Creating a Contract using a Contract Standard

When creating a new Contract (or editing an existing Contract), you can select the Contract Standard that is being used. This will add the correct Payment Clause to the Payment Certificate and Schedule, and will allow you to define the Contract Roles.

1. Navigate to the Contracts tab within the Cost Module.
2. Click on the + Add Contract button to create a new Contract, or click on the Action button (...) next to the Contract you would like to edit and click Edit Contract.
3. Select the Contract Standard using the dropdown menu. This will enable Contract Roles and Set Up & Configuration menus.
4. Fill in the details under Contract Roles.
   1. Some information, like Principal/Client and Project Manager will be copied across from other contracts within the Project. 
5. You can set either the Principal/Client or Project Manager as the Superintendent by toggling the option under the respective Contract Role. 
6. Fill in the details under Set Up & Configuration:
   1. If you have amended the Contract Standard and the Payment Clause has changed, you can edit the clause by toggling on the Custom? option.
   2. The Security of Payment Act Jurisdiction can be set at a Project or Contract level. 
   3. GST % can be set at 0% if it is a GST-Free Contract.
7. Finalise the Contract (adding a Title, adding the Contract to a Budget, adding Line Items). You can learn how to create a Contract through this Support Article.

Downloading the new Payment Certificate or Schedule

Once the Contract has been set up correctly, you can use the new Payment Certificates and Schedules. 

1. Navigate to the Payment tab in the Cost Module.
2. Click on the Action button (...) next to the Payment you would like to download the Certificate or Schedule for and click Payment Certificate (Beta) or Payment Schedule (Beta).
3. The Payment Certificate or Payment Schedule will download to your Computer.