Advance Payment Requests (tppin4110m000)

	Advance Payment Requests (tppin4110m000) Use this session to create and maintain the advance payment requests. You can also use this session to view the GST related tax details. Infor LN defaults this data only if the GST Implemented check box is selected in the India Localization Parameters (tccom9136m00l) session, else, the excise/VAT details are defaulted. Note By default Infor LN uses the contract line (CLIN) currency for invoicing, if the invoice currency differs from the CLIN currency. Related topics Using advance payment requests To use the rate determiner Introduction to GST Impact of GST on Project processes Contract The code that identifies the contract. Description The description or name of the code. Contract Status The contract status. Note If the contract header status is Canceled, all the lines are also set to Canceled. Contract Line The contract line number for the advance payment request. Description The description or name of the code. Contract Line Status The contract line status. Note The contract line can be set to Active only if the contract is set to Active. If the contract header is Canceled, all the lines are also set to Canceled. Advance Payment The sequence number of the advance payment request. Description The description or name of the code. Advance Payment Type The type of advance payment. The advance payment types are selected based on the legal requirements of a country or the business. For the advance payment types ( Request and Invoice), open entries are generated. An advance payment represents a request to the business partner to pay in advance a certain amount or percentage. An advance invoice represents a normal invoice that must comply with all legal requirements and is included in the sales listing, VAT declaration and Revenue recognition. An advance invoice is a legal document and therefore an official number is generated. The same is also included in the sales listing. Note Tax is applicable only for an advance invoice. Allowed values Advance Payment Type Note This is a display field. This value is defaulted from the Advance Payment Type field in the Contract (tpctm1600m000) session. General Project The code that identifies the project linked to the advance payment request. Note LN allows you to create an advance payment request without specifying a project. However it is mandatory to specify the project before you approve the advance payment request. LN clears the value in this field when you create a new contract using the Copy Contract (tpctm1200m000) session. Description The description or name of the code. Project Status The current status of the project. Sold-to Business Partner The sold-to business partner for the contract line. Note If you defined a sold-to business partner for the project, LN displays the business partner. Description The description or name of the code. Element The element linked to the project. Description The description or name of the code. Activity The default plan of the project. Activity The activity linked to the project. Description The description or name of the code. Revenue Code The code that identifies the revenue that corresponds to the advance payment. Description The description or name of the code. Installment The code that identifies the installment linked to the advance payment request. Payment Terms The payment terms associated with the advance payment request. Description The description or name of the code. Late Payment Surcharge The late payment surcharge for the advance payment request, defined in the Late Payment Surcharges (tcmcs0111m000) session. Description The description or name of the code. Payment Method The payment method for the advance payment request Description The description or name of the code. Triggering Triggering Activity The activity that triggers the advance payment request. Note Infor LN defaults the scheduled finish date of the triggering activity in the Planned Invoice Date if the advance payment request is linked to a triggering activity. Planned Invoice Date The date when the invoice for the advance payment must be generated. Note Infor LN defaults the activity or element finish date based on the Control By field in the Projects (tppdm6100m000) session. You can also manually set this date. The value in this field must be set after the effective date and before the expiry date of the contract line. You cannot modify the date after the advance payment is transferred to Invoicing. Status Approved for Invoicing If this check box is selected, you can transfer the transaction to the Invoicing module using the Transfer Transactions to Invoicing (tppin4200m000) session. Transferred to Invoicing If this check box is selected, you have transferred the record to the Invoicing module using the Transfer Transactions to Invoicing (tppin4200m000) session. Amount The amount requested to be paid in advance. Note LN calculates the sum of amounts for all the lines and displays the total at the end of the column. However you can view the total only in: the Advance Payment Request tab the Contract (tpctm1600m000) session. the Advance Payment Requests (tppin4110m000) session by viewing the advance payment request data by contract, contract line or project. Currency The transaction currency used to express the amount. Home Advance Amount The amount to be paid in advance expressed in home currency. Advance Amount Settled The aggregate advance amount settled till date for an advance payment request. Note LN calculates the sum of amounts for all the lines and displays the total at the end of the column. However you can view the total only in: the Advance payment Request tab the Contract (tpctm1600m000) session. the Advance Payment Requests (tppin4110m000) session by viewing the advance payment request data by contract, contract line or project. Currency The currency used to express the settled advance amount. Home Currency The home currency used to express the amount. Currency Rate The currency exchange rate to convert the transaction currency to the displayed home currency. Rate Factor The rate factor for the currency rate that is displayed. Rate The rate defined by the rate determiner and the business partner exchange-rate type. Advance Settled If this check box is selected, the total advance amount is completely settled. You cannot modify or delete the advance. Invoice Document Company The code of the financial company to invoice, that is linked to the project. Note The Invoicing module identifies an invoice by this field. Invoice Document Transaction Type The procedure type for the transaction. Note The Invoicing module identifies an invoice by this field. Invoice Document Number The sequence number of the invoice. Note The Invoicing module identifies an invoice by this number. Infor LN updates this value with the number of the new invoice that is created when you cancel and regenerate the invoice, in Invoicing. When you cancel the invoice, you can only modify the invoice data such as reference, address, and tax number, if required. You can also modify the billable amount when you create a credit note for a specific invoice line. Infor LN Projects (tppdm6100m000) updates this value with the number of the new invoice that is created when you cancel and regenerate the invoice, in Invoicing. When you cancel the invoice, you can modify the invoice data such as reference, address, and tax number. However, you can also modify the Billable Amount if you create a credit note for a specific invoice line. Only the authorized users (in Invoicing) can modify the amount. The invoice must not be linked to an installment. The status of the project must not be Closed. Text If this check box is selected, a text is present. Text on Invoice If this check box is selected, you can print the text of the advance on the invoice. Tax Tax Classification The tax classification for the advance payment request. Description The description or name of the code. Exempt If this check box is selected, the tax code represents tax exemption. Tax Country The tax country for the advance payment request. Description The description or name of the code. Own Tax Number The tax number allotted by the government to you. Tax Code The tax code for the advance payment request. Description The description or name of the code. BP Tax Country The tax country of the sold-to business partner for the advance payment request. Description The description or name of the code. BP Tax Number The tax number allotted by the government to the sold-to business partner. Tax Exemption Certificate The tax exemption certificate number if tax is exempted on the deliverable line Note You can enter the tax exemption certificate number if the Exempt checkbox is selected. You can view this field if in the Tax Parameters (tctax0100m000) session: the Tax Exempt Level field is set to Extended and at least one of the search sequence levels is set to Exemptions by Country or Exemptions by Country Set. Related topics To set up tax exemptions Search Order Tax Defaults Tax Exemption Reason The code that identifies the reason if tax is exempted on the deliverable line. Note You can enter the tax exemption reason if the Exempt checkbox is selected. You can view this field if in the Tax Parameters (tctax0100m000) session: the Tax Exempt Level field is set to Extended and at least one of the search sequence levels is set to Exemptions by Country or Exemptions by Country Set. Related topics To set up tax exemptions Search Order Tax Defaults Description The description or name of the code. Percentage The percentage of the assessable value of the item, based on which the VAT is calculated. Amounts The assessable value of the item, based on which the VAT is calculated. Assessable Value for Service Tax The percentage of the assessable value of the item, based on which the service tax is calculated. Assessable Value for Service Tax The assessable value, based on which the sales tax is calculated. GST Applicable If this check box is selected, GST is applicable. Note By default this check box is selected, if the GST Implemented check box is selected in the India Localization Parameters (tccom9136m00l) session, and the specified item is not defined in the GST Exception Item List (tccom9135m00l) session. Assessable Value for GST The assessable value, in the inventory unit. Approve Approves the selected advance payment request line. Unapprove Disapproves the selected advance payment request line.