Method of Payment

 

 

Link:  Method of Payment

Lookup:  Method Of Payment

Document:  Award Basis Of Payment

The Method of Payment maintenance document is used to establish and maintain numeric codes and textual description values which are stored in database tables.  This data serves as reference information that is made available for display and selection in various areas of the system, including other e-docs.  Method of Payment refers to the invoicing type and the way the sponsor will pay an invoice on a sponsored award.  For instance, the sponsor may pay via an established ACH mechanism, or based on a cost reimbursement invoice from your institution.  Methods of Payment appear on the KC Award e-doc, under the Payment & Invoices page of the Payment, Reports & Terms section.

Modification Of Existing Values:  Existing values can be edited as long as the description is synonymous with the original term.  New values can be added. You should not delete existing values. Changing existing values will be reflected in all sponsor templates that were already defined.

Document Layout

Figure 1236 Method Of Payment Maintenance Document Example Layout

Edit Method Of Payment Section

The Edit Method Of Payment section of the Method Of Payment maintenance document is a unique section that allows you to specify and maintain the details associated with the reference table record in fields.

Table 701 Method Of Payment Maintenance Document - Edit Method Of Payment Section Field Descriptions

Field	Description
Method Of Payment Code	Required. Enter the numeric value to identify and reference this Method of Payment Type.
Description	Required.  Enter a name for the Method of Payment that uniquely represents a summarized explanation of its meaning and/or purpose.

Examples

Figure 1237 Method Of Payment Maintenance Document Example Values

Common Features

This maintenance document includes the following features that are common to most KC maintenance documents:

Table 702 Links to Common Maintenance Document Component Instructions

Common Maintenance E-Doc Component	Cross-Reference Links To Usage Instructions
Document Header	For more information, see “Header Area” in E-Doc Fundamentals.
Document Overview Section	For more information, see “Document Overview” on page 93 in Common E-Doc Tabbed Sections.
Notes and Attachments Section	For more information, see “Notes and Attachments” on page 94 in Common E-Doc Tabbed Sections.
Ad Hoc Recipients Section	For more information, see “Ad Hoc Recipients” on page 96 in Common E-Doc Tabbed Sections.
Route Log Section	For more information, see “Route Log” on page 97 in Common E-Doc Tabbed Sections.
Action Buttons	For more information, see  “Action Buttons” on page 71 in Selection, Entry and Action Tools.

Process

For information about searching for, initiating, editing, copying, submitting, saving, closing, canceling, and/or routing a maintenance document, see “Common Maintenance E-Doc Operations” in the Overview section.