Construct payment paper easily

Aug 6th, 2022
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How to construct payment paper

5 out of 5
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hi in this video i am going to explain to you how to prepare interim payment applications for a project from the start until the end and that also includes how to apply and release the retention and how to recover the advanced payment how to make the statement at completion and how to make the final account this is going to be an example with numbers so pay close attention and lets start [Music] all right so this is here is our project boq and we have some project information here the project value is 75650 and the duration is five months so basically we will be having five interim payment applications and the sixth one will be the final account and the advance payment is ten percent from this value and the retention is also ten percent from this value five percent will be released against completion and five percent will be released after dlp so we will be using this form here to make the payment application i ill call this one the payment application format and here in the pink co

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.
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Pay online Online banking. Interac Debit, Visa Debit, or Debit Mastercard (using. Pre-authorized debit (PAD) Credit card, debit card, PayPal, or Interac e-Transfer. Wire transfer. Financial institution (cheque or debit) Canada Post location (debit or cash) Cheque or money order.
Personalized remittance vouchers for Individual instalments and amount owing are available for downloading and printing. Printable vouchers are currently limited to those used by individuals for payments at financial institutions, Canada Post retail outlets, or by mail.
remit at your financial institution in Canada.GST/HST return filed electronically Form RC159, Remittance Voucher Amount Owing, to remit an amount owing or an outstanding balance for a period that has already been assessed. Form RC160, Remittance Voucher Interim Payments, to remit your instalment payments.
Pay in person at your bank If you do not have a remittance voucher. You can order personalized remittance vouchers and in some cases print your own. How long it takes. Payments are considered paid to the CRA at the time indicated by the date stamped on the remittance voucher or receipt. Other ways to pay.
If you need to keep a copy of your GST/HST return calculations for record purposes, you can use the printer-friendly version of the Goods and Services Tax/Harmonized Sales Tax (GST/HST) Return Working Copy.
Order by calling 1-800-959-5525.
Form RC160, Remittance Voucher Interim Payments Use Form RC160 only to make interim payments for a tax year-end for which we have not processed a return. Form RC160 will show the remittance period-end, that is, your monthly or quarterly instalment payment due date, not the tax year-end.
Remittance slips typically provide information about which invoices are being paid and the amount of each payment. Occasionally, the remittance advice slip will show any adjustments made to the payment total (such as deductions or credits).

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