Compliance Types
For each compliance code you set up (HQ Compliance Codes), you must specify how compliance will be tracked by designating the compliance type.
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Date - This compliance type requires that you enter a date through which the compliance is effective. When verifying compliance, the specified date is compared with the invoice date of the payables transaction to determine if compliance has been met.
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Yes/No - This compliance type uses a Y/N flag to indicate whether or not compliance has been met. This type is most useful when compliance conditions must be met only once over the course of the subcontract.