As an installer I want the Project Time Line to have a formula based on CA law for deposits
The law in CA states that the initial deposit of a project is either 10% of the gross amount of the deal or $1000 whichever is less. So it would be "If "Gross Amount" x 10% > $1000.00 then show $1000, if not then show "Gross Amount" x $10%.
The alternative display would be (but more complex):
The law in CA is: At Contract signing contractor can not charge more than $1000 OR 10% of contract price (whichever is less.)
If we had a contract for 30k we can charge $1000 but not 10% (3,000)
If we could always set the deposit amount at $1,000 then the ballance is based off of percentages of the balance that would be best.
So I would propose:
Always have m1 at contrat signing at $1,000 flat, then the balance split up over the next 2 payments
so 30,0000 contract
m1: 1,000 at signing
m2: 17,400 (60% of balance of 29,000) at permitting deliverables
m3: 8700 (30% of 29,000) at intall
m4: 2900 (10% of 29,000) at PTO
AdminAndy
(Admin, Enphase Energy )
shared this idea