Question:
I want to add secondary lien holders to the Liens/Payee tab on my Pay Request. Do they need to be Contacts in Spitfire?
Answer:
The short answer is that if they will receive a split payment, then yes, they need to be Contacts. Otherwise, no—the names of these secondary lien holders can by typed in the Vendor field. The Liens/Payees tab on the Pay Request document is used to indicate if Lien Waivers are required, if a split payment will be issued, the payee of any joint payment checks, and the names of any other lien holders.
For example, let‘s say you look up a secondary lien holder on a Commitment. By necessity, this person or company must be on your Active Contacts lookup.
When you create a Pay Request for that Commitment, your secondary liener appears by default on the Liens tab. If your secondary liener will receive a split payment, the Split Pay checkbox must be checked.
However, as shown below, if you want to indicate a joint payment with another lien holder, even one that is not on your Contacts list (e.g., the Supplier), you can
- add a row with your primary liener as the Vendor,
- type the Vendor and secondary lien holder in the Payee/Liener field. (This is used for the Remit To payee on the check.)
- check the Split Pay column.
And if you want to merely indicate that any person/company holds a lien, but no payment is involved, you can
- add a row with your primary liener as the Vendor,
- type the name of the secondary lien holder (e.g., Other Supplier) on the Payee/Liener field,
- leave the Split Pay column unchecked.
KBA-01390; Last updated: October 17, 2016 at 13:20 pm;
Keywords: liener