| | Contract fundingContract funding In Infor LN 10.3, specific funding limits (amounts) can be defined for certain
types of contracts such as Aerospace and Defense contracts. Based
on these limits, the maximum amount that can be invoiced to the customer is
set. You can distribute the funding amount by: - Sequence: The funded amount for the contract line is
distributed, based on the sequence defined by the user.
- Percentage: The funded amount for the contract line
is distributed, based on the percentage specified by the user. Note The total percentage
of all the distribution lines must be 100%.
- Funded Amount: The funded amount for the contract
line is distributed, based on the amount specified in the Funded Amount field. Infor LN populates
the percentage value of the amount in the Percentage field.
For more information, refer to Using Contract Funding. | |