With Costpoint's pay-when-paid functionality, you can hold payments for a specified voucher until you have billed and received payments from a selected customer and/or project.

Using the setup features for Accounts Payable and projects, you can enter one or more Accounts Payable vouchers with the status of "pay when paid." These vouchers are not released for payment until you bill and post the appropriate cash receipt from your designated pay-when-paid customer.

The pay-when-paid function creates a link between the items you enter as Accounts Payable vouchers and the voucher amounts that you bill, when both share the same project name.