Contract 360 (tpctm1300m000)

Use this session to perform contract related tasks and to retrieve contract-related data. You can view and maintain contract information such as the contract type, the invoice type, and the contract amount.

How to use the Contract 360 (tpctm1300m000) session?

Select a contract from the Contract list. The contract details such as the contract amount, budget amount and so on are displayed in the fields at the top of the session.

To view the contract details, double-click the contract line in the list.

The check boxes under the Sales, Invoicing, Pricing, Execution, Results, and Miscellaneous group boxes indicate which data is available for the selected contract. If you click a link, a session starts which you can use to view, maintain, or create the contract data.

You can click the following buttons, or click the corresponding commands in the appropriate menu:

  • Responsibilities
    Starts the Responsibilities (tppdm0133m000) session. Use this session to maintain details of the responsibilities that can be assigned to employees. Note: If you have started this session by zooming, you can only find and select a record.
  • History
    Starts the Contract History (tpctm1102m000) session. Use this session to view the history data for a contract. You can view the contract history data only if the Log History checkbox in the Contract Parameters (tpctm0100m000) session is selected.

Infor LN allows multiple users to approve cost entries using the ION based workflow-process status. For more information, refer to Workflow status process.

 

Employee
Employee

If this check box is selected, the Contract Manager field is enabled.

Contract Manager

The employee code of the contract manager.

Description

The description or name of the code.

Totals
Currency

The currency used to express the total amounts for the contract.

Contract Amount

The total contract amount for the contract.

Budget Amount

The total budget amount for the contract.

Actual Cost Amount to Date

The total actual costs incurred for the contract.

Estimated Cost to Complete

The total cost estimated for a contract.

Invoiced to Date

The total amount invoiced till date for a contract.

Margins
Currency

The currency used to express the margin amounts for a contract.

Original Margin

The actual amount that the net sales price is allowed to deviate from the target price.

Margin Forecast

The forecasted amount that the net sales price is allowed to deviate from the target price.

Sales
Contract Lines

If this check box is selected, contract line data is available for the contract.

Deliverables

If this check box is selected, deliverables have been created for the contract.

Bank Guarantee

If this check box is selected, bank guarantee data is available for the contract.

Pricing
Labor Rates

If this check box is selected, the labor rates are defined for the contract.

Sundry Costs

If this check box is selected, the sundry costs are defined for the contract.

Invoicing
Advance Payments

If this check box is selected, advance payments have been requested for the contract.

Installments

If this check box is selected, installments have been created for the contract.

Cost Transactions

If this check box is selected, cost plus transactions lines have been created for the contract.

Invoices

If this check box is selected, invoice data is available for the contract.

Holdback

If this check box is selected, holdback percentage is defined for the contract.

Execution
Projects

If this check box is selected, the contract is linked to a project.

Shipments

If this check box is selected, shipment data is available for the contract deliverables.

Shipment Acceptance

If this check box is selected, shipment acceptance data is available for the contract.

Results
Costs

If this check box is selected, cost history data is available for the contract.

Revenues

If this check box is selected, revenue history data is available for the contract.

Miscellaneous
History

If this check box is selected, history data is available for the contract.

Contract

The code that uniquely identifies the contract.

Description

The description or name of the code.

Sold-to BP Name

The description or name of the code.

Contract Type
Sales Office

The sales office of the sold-to business partner.

Contract Manager

The employee who is the contract manager.

Workflow Status

The status that applies if the business object requires authorization using ION Workflow.

When you perform a change that requires authorization, a checked-out version is automatically created for the business object. The changes you submitted are only effective after approval/check-in. You can also undo your changes, or recall your submitted changes.

  • Checked-out and checked-in objects are displayed in the Checked-out Objects (ttocm9599m000) session.
  • From the appropriate menu of this session, select Workflow and then select the required action for the business object.

Allowed values

If the business object is checked out, this field shows an Object status.

If the business object is checked in, this field shows an Approval status.

Regardless of the object being checked in or out, if a description is specified for the object type in the Workflow Information Fields (ttocm0106m000) session (which is displayed as a tab in the Object Types (ttocm0102m000) session), this field always shows the value of the appropriate Description field.

Note

For more information on setting up and using ION Workflow for business objects in LN, refer to the Infor LN Integration Guide for Infor ION Workflows and Monitors at Infor Xtreme.

Project

The description or name of the code.

Status

The contract status.

Note
  • The Contract must be Active before a contract line is set to Active.
  • If the contract header is Canceled, all levels are Canceled.
Text

If this check box is selected, a text is present.

Search Key
Phase
Hold Reason

The reason for putting the contract on hold.

Workflow Status

The status that applies if the business object requires authorization using ION Workflow.

When you perform a change that requires authorization, a checked-out version is automatically created for the business object. The changes you submitted are only effective after approval/check-in. You can also undo your changes, or recall your submitted changes.

  • Checked-out and checked-in objects are displayed in the Checked-out Objects (ttocm9599m000) session.
  • From the appropriate menu of this session, select Workflow and then select the required action for the business object.

Allowed values

If the business object is checked out, this field shows an Object status.

If the business object is checked in, this field shows an Approval status.

Regardless of the object being checked in or out, if a description is specified for the object type in the Workflow Information Fields (ttocm0106m000) session (which is displayed as a tab in the Object Types (ttocm0102m000) session), this field always shows the value of the appropriate Description field.

Note

For more information on setting up and using ION Workflow for business objects in LN, refer to the Infor LN Integration Guide for Infor ION Workflows and Monitors at Infor Xtreme.

Sold-to Address

The address of the sold-to business partner for the contract.

Invoice-to Business Partner

The invoice-to business partner for the contract.

Invoice-to Address

The address of the invoice-to business partner.

Invoice-to Contact

The contact of the invoice-to business partner for the contract.

Pay-by Business Partner
Pay-by Address

The address of the pay-by business partner.

Pay-by Contact

The contact of the pay-by business partner.

First Reference

The reference text printed on invoices, for example, the name of a contact person or a customer reference number.

Second Reference

The reference text printed on invoices, for example, the name of a contact person or a customer reference number.

Contract Execution

The contract type indicates whether your company executes the project as main contractor or as a subcontractor.

Allowed values

Contract Execution.

Contract Award Date

The date when the contract is awarded.

Effective Date

The date when the validity period of the contract starts.

Expiry Date

The date when the validity period of the contract ends.

Advance Payment Requests

The method used to determine whether advance payment request is applied on the contract or contract line.

Liquidation % Advances

The liquidation percentage calculated to settle the invoices against the advances for the contract line.

Note

  • This field is enabled only if the Advance Payment Requests field is set to By Contract Line.
  • Only the liquidation percentage * invoice amount is used to settle an advance payment request.
  • The full invoice amount is used to settle the advance if no liquidation % is specified.

Example: For an advance payment request for 2000 EUR , a percentage of 75% is defined on the contract line. If a delivery based invoice of 1000 EUR is sent to the customer, an amount of 750 EUR can be paid to settle the advance and the customer is invoiced for 250 EUR. If no percentage is set the maximum amount possible is settled.

Installment Type

The installment type for the project.

Allowed values

Installment Type.

Installment Schedule

The installment schedule for the contract.

Note

You can define the installment schedule for the contract only if the Installment Type field is set to Percentage.

Number of Points

The total number of points that you can distribute to the installments of the contract.

Example

Contract amount by customerEUR 600,000
Number of points300
Installment 1100 pointsEUR 200,000
Installment 275 pointsEUR 150,000
Installment 375 pointsEUR 150,000
Installment 450 pointsEUR 100,000
--EUR 600,000

 

Note This field is enabled only if the Installment Type field is set to Points.

Project Text on Invoice

If this check box is selected, LN prints project related text on invoices.

Holdback

The method used to determine how holdback is applied for the contract.

Allowed values

Holdback.

Holdback Percentage

The holdback amount expressed as a percentage. You can define the holdback percentage only if the Holdback field is set to All Invoices or Based on Progress.

Progress Threshold

The progress threshold percentage for the contract. You can define the threshold percentage only if the Holdback field is set to All Invoices or Based on Progress.

Invoice Type

The way to calculate invoices for a given contract type. The method determines when to issue invoices to the sold-to business partner.

Allowed values

Invoice Type.

Invoice Delivery Method

The invoice delivery method for the contract.

Invoicing Method

The invoicing method for the contract.

Approved for Invoicing

The amount approved for invoicing for the contract.

Late Payment Surcharge

The late payment surcharge for the contract.

Program

The program linked to the contract.

Program Manager

The employee who is the program manager for the contract.

Internal Sales Representative

The internal sales representative, defined in the Employees - General (tccom0101m000) session . The sales representative is used as a reference with the invoice in the Transfer Project Data to Central Invoicing (tppin4200m000) session.

External Sales Representative

The employee who is the external sales representative for the contract, defined in the Employees - General (tccom0101m000) session.

Sales Type

The sales type for the contract.

Progress Payment

If this check box is selected, progress payment request data can be defined for the contract.

Note

Progress Payments can only be created for contracts of the type Fixed Price with the invoice type set to Installment or Delivery Based.

Progress Payment %

The percentage of cost on a contract that is considered for invoicing. The commonly used progress payment percentages range between 75-80%.

Progress Liquidation %

The percentage used for calculating the amount to settle the progress payment invoices.

Progress Payment Invoicing Method

The invoicing method for the progress payment request.

Billable Cost Report

If this check box is selected, Invoicing prints the billable cost lines and the related costs as an annex to the invoice based on the aggregation of the Invoicing Method.

Note

The billable cost lines are printed in Invoicing as an annex to the invoice based on the aggregation of the Invoicing Method.

Invoice Discount

The percentage calculated as a discount on the invoice amount of the contract.

Rate Determiner

The date used to determine the exchange rate.

Allowed values

Rate determiner.

Rate

The exchange rate for the contract.

Rate Factor

The rate factor for the contract.

Bank Account

The bank account number.

The bank account is identified by a number of the business partner with the bank indicated by the bank account code. It is displayed based on the bank account code.

International Bank Account Number

The international bank account number for the contract.

Acceptance Point

The acceptance point .

Allowed values

Acceptance Point.

Creation Date

The date when the contract is created.

 

Billable Costs

Starts the Cost-Plus Transactions to be Invoiced (tppin2100m000) session. Use this session to view the cost plus transactions that you can release for invoicing. You can maintain a transaction in the details session.

Projects

Starts the Projects 360 (tppdm6500m100) session. Use this session to perform project related tasks and to retrieve project-related data. You can view and maintain project information such as the contract type, the invoice type, and the contract amount.

Warehouse Orders

Starts the Warehousing Orders (whinh2100m000) session. Use this session to view and maintain warehousing orders by order origin.

Shipments

Starts the Project Shipments (tppin0160m000) session. Use this session to view and maintain shipments. You can also use this session to confirm shipments.

Costs

Starts the Cost Transactions (tpppc2100m000) session.

Revenues

Starts the Revenue Transactions (tpppc3505m000) session.

Use this session to list a history of revenues. This includes invoice data and posting data.

The following fields identify an invoice number:

  • Delivering company
  • Financial document number
  • Financial transaction type
Responsibilities

Starts the Responsibilities (tppdm0133m000) session. Use this session to maintain details of the responsibilities that can be assigned to employees. Note: If you have started this session by zooming, you can only find and select a record.

History

Starts the Contract History (tpctm1102m000) session. Use this session to view the history data for a contract.

You can view the contract history data only if the Log History checkbox in the Contract Parameters (tpctm0100m000) session is selected.

Contract Lines

Starts the Contract Lines (tpctm1110m000) session. Use this session to create and maintain contract line data.

Contract Lines

Starts the Contract Lines (tpctm1110m000) session. Use this session to create and maintain contract line data.

Deliverables

Starts the Contract Deliverables (tppdm7100m100) session. Use this session to create and maintain contract deliverables.

Bank Guarantees

Starts the Bank Guarantees (tpctm0120m000) session. Use this session to create and maintain the bank guarantee data for a contract.

Labor Rates

Starts the Specific Labor Rates (tcppl0192m000) session.

Use this session to enter, for each labor rate:

  • The cost rate and the cost rate currency.
  • The sales rate and the sales rate currency.
Sundry Costs

Starts the Contract Price Sundry Costs (tpctm0140m000) session. Use this session to create and maintain sundry cost data for the contract.

Installments

Starts the Installments (tppin4151m000) session. Use this session to list details of the installment for the selected project.

Billable Costs

Starts the Contract Billable Cost Lines (tppin1100m000) session. Use this session to view and maintain the billable cost lines for a contract. Billable cost lines are based on the detailed cost plus transactions aggregated via Create Aggregated Billable Cost (tppin1200m000) considering the aggregation levels set at the invoicing method defined on the contract line.

Projects

Starts the Projects 360 (tppdm6500m100) session. Use this session to perform project related tasks and to retrieve project-related data. You can view and maintain project information such as the contract type, the invoice type, and the contract amount.

Warehouse Orders

Starts the Warehousing Orders (whinh2100m000) session. Use this session to view and maintain warehousing orders by order origin.

Shipments

Starts the Project Shipments (tppin0160m000) session. Use this session to view and maintain shipments. You can also use this session to confirm shipments.

Shipment Acceptance

Starts the Shipment Acceptance (whinh4130m200) session. Use this session to view the shipment lines that are using either source acceptance, destination acceptance or both.

Costs

Starts the Cost Transactions (tpppc2100m000) session.

Revenues

Starts the Revenue Transactions (tpppc3505m000) session.

Use this session to list a history of revenues. This includes invoice data and posting data.

The following fields identify an invoice number:

  • Delivering company
  • Financial document number
  • Financial transaction type
Responsibilities

Starts the Responsibilities (tppdm0133m000) session. Use this session to maintain details of the responsibilities that can be assigned to employees. Note: If you have started this session by zooming, you can only find and select a record.

History

Starts the Contract History (tpctm1102m000) session. Use this session to view the history data for a contract.

You can view the contract history data only if the Log History checkbox in the Contract Parameters (tpctm0100m000) session is selected.

Copy Contract

Starts the Copy Contract (tpctm1200m000) session. Use this session to copy the contract data into a new contract.

Invoices

Starts the Invoicing 360 (cisli3600m000) session.

Use this session to:

  • Display summarized invoicing information.
  • Retrieve detailed invoicing information.