The Construction Industry uses the RA bill ( Running Account ) to keep tab of the sub-contractors payable status by the qty and value...how is this mapped in PS or MM? Is there a standard functionality or will it entail development ? Can we use BOS ?
When u hire a subcontractor you need to monitor the work he has performed...right ? Based on the work he has performed you will settle his bills / make payment. Over a period of time you will regulary make payments based on the progress. The process of keeping a tab of the status forms part of the Running Bill - RA account. Wherein u have the list of tasks / qty delivered..in pieces or sqft constructed....this is to keep a running account of the status.
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