Reports

Infor LN generates various reports to help contract managers monitor the overall progress of a contract.

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Contract Profitability report
 

Contract Profitability report

The Contract Profitability report helps the user to analyze the profit earned for the contract.

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The Contract Profitability report displays the following data:

  • Billed To Customer:
    The amount invoiced to the customer.
  • Actual Cost:
    The actual cost incurred on for the projects linked to the contract.
  • Recognized Revenue:
    The revenues recognized.
  • Cost of Sales:
    The Cost of Sales recognized so far.
  • Profit:
    The profit earned for the project.
  • Profit = Recognized Revenue - Cost of Sales
  • Profit %:
    The profit expressed in percentage for the project.
  • Profit % = (Recognized Revenue - Cost of Sales) / Recognized Revenue

 

 
   
Contract Cost report
 

Contract Cost report

The Contract Costs chart allows the user to review the total costs incurred on the contracts of the type Cost Plus or Time and Materials.

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The Contract Cost report displays the following data:

  • Billed :
    The costs invoiced to the customer for the project.
  • To be Billed:
    The costs for the project that are yet to be invoiced to the customer.
  • Total:
    The sum of Billed costs and To be Billed costs for the project.
  • Total = Billed + To be Billed
  • Unbillable Costs:
    The cost for the project that will not be invoiced to the customer.
  • Total Costs:
    The total costs incurred for the project.
  • Total Costs = Billed + To be Billed + Unbillable

 

 
   
Contract Cash Flow by Period report
 

Contract Cash Flow by Period report

The Contract Cash Flow by Period report displays the Net Income of a contract for a specific Period. This report also provides a breakup of the billed invoices, costs and overheads for a period.

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The Contract Cash Flow by Period report displays the following data:

  • Billed Invoice:
    The total invoiced amount to the customer. The Include Advance option includes the advance amounts in the billed invoices.
  • Expenses:
    Expenses are categorized as cost types:
    • Labor Costs
    • Subcontracted Service
    • Equipment Costs
    • Sundry Costs
    • Material Costs
    • Overhead
  • Total Expenses:
    The sum of expenses for all the cost types for the specific period.
  • Total = Billed + To be Billed
  • Net Income:
    Billed Invoice - Total Expenses.