| | Generate Interim Results (tpppc3250m000)Use this session to generate interim results
for the project, contract, or contract line data specified in the cost,
commitments, and cost forecasts sessions and the anticipated revenues and
revenue forecast sessions. You can generate interim results by either contract
or project, but not simultaneously. For every interim revenue recognition and COGS method, Infor LN uses the
historical currency rates of the data used to calculate the interim results.
Effectively, the interim results and the registered revenues and costs are
similar at all home currency levels. This is applicable for the specified
company only if, in the Companies (tcemm1170m000) session: - The Currency System field is set to Standard.
- The Use Multiple Functional Currencies check box is selected.
Note When calculating interim results: - If the Base for Performance Obligation is set to Transaction Price in the Contract Lines (tpctm1110m000) session, the transaction price is used as the base to
calculate the interim result.
- The transaction price is used, when the Percentage of Completion check box is selected in the Revenue Recognition Method group box, and the Percentage of Completion and Profit Percentage check boxes are selected in the Costs of Goods Sold Method group box.
When a project is linked to multiple Contract Lines (CLINs),
the Transaction Price is used as the base to calculate
interim result. (one of the CLIN's Base for Performance Obligation must be set to Transaction Price.) The Transaction Price (when applicable) is used to determine
if there is a profit or loss and also used to determine the maximum expected
revenue. Two interim results are generated: - The interim cost result.
- The interim revenue result.
You can select the revenue recognition and cost of goods sold
methods to generate the financial interim results. Methods to recognize revenue: Methods to determine COGS: Note - All the Costs, Commitments check boxes and the Forecast check box for the labor cost type are
enabled only when the COGS method Reimbursement is selected.
- The Revenues, Forecast and Expected Revenues check boxes are enabled only when
the revenue recognition method Actual Revenues is selected.
Selection Selection Range Calculate for The method used to calculate the revenues. Allowed values - Project: The revenue recognition settings are defined
at the project level.
- Contract: The revenue recognition settings are defined
at the contract level.
Note To calculate interim results, following conditions are
applicable: - You cannot generate results for contracts or projects,
simultaneously.
- Extensions are not applicable when you generate interim
results by contract.
- You can only generate interim results for a contract
line, when the same is linked to a project. However, the project must not be
linked to multiple contract lines.
- Interim results balances are not possible for
extensions. In case extensions are defined for a project, the interim results
balance is calculated at project level.
Contract The From and To fields define a range of:: contracts for which the interim result is generated. Note This field is enabled only when the Contract option is
selected. Contract Line The From and To fields define a range of:: contract lines for which the interim result is
generated. Note This field is enabled only when the Contract option is
selected. Project The From and To fields define a range of:: projects for which the interim result is generated. Note This field is enabled only when the Project option is
selected. Extension The From and To fields define a range of:: extensions for which the interim result is generated.
This field is enabled only when the Project option is selected. Note Extensions are not applicable when you generate interim
results by contract. Cost Control Period The From and To fields define a range of:: cost control years for which the interim
result is generated. / The From and To fields define a range of:: cost control periods for which the interim
result is generated. Fiscal Period The From and To fields define a range of:: fiscal years for which the interim result
is generated. / The From and To fields define a range of:: fiscal periods for which the interim
result is generated. Generate Result Types Revenues If this check box is selected, you can generate the financial result of the
type Revenue. Financial Result Revenue The interim result type to which the revenues of the interim
result are posted. The Result Type field in the Financial Result Types (tppdm1155m000) session must be Revenue. Note The field is enabled only when you select one or more
revenue recognition methods. Description The description or name of the code. Costs If this check box is selected, you can generate the financial result of the
type Cost. Financial Result Cost Note The field is enabled only when you select one or all COGS
calculation methods. Description The description or name of the code. Balances If this check box is selected, you can specify the financial result of the
type Balances. LN calculates the balance using the following
formula: Balance = (Actual Revenue - Recognized Revenue) + (Recognized Cost of Sales - Actual Costs) Note - To enable this check box you must select the Revenues and the Costs options.
- The check box is disabled when an Extension is specified
for the project.
Revenue Recognition Method Milestones If this check box is selected, LN uses the Milestone Method for revenue recognition. Actual Revenues If this check box is selected, LN uses the Actual Revenue Method for revenue recognition, based on
the revenue amount. Note The Revenue Recognition Method group box is enabled only
when you select the Revenues check box. Costs of Goods Sold Method Percentage of Completion If this check box is selected, LN uses the Percentage of Completion method to calculate the cost of goods sold. Reimbursement Note The Costs of Goods Sold Method group box is enabled only
when you select the Costs check box. Details Periods Registration Date The date when the interim result is generated. Post to Cost Control Period The year to which the interim result data is posted. / The period to which the interim result data is
posted. Post to Fiscal Period The year to which the interim result data is posted. / The Period to which the interim result data is
posted. Selection of Cost Types Costs If this check box is selected, material costs defined in the Material Costs (tpppc2111m000) session are included to generate the interim
results. Note - By default, the check box is disabled and
checked.
- The check box is enabled only when you select the Reimbursement method to calculate COGS.
Costs If this check box is selected, labor costs defined in the Labor Costs (tpppc2131m000) included to generate the interim results. Note - By default, the check box is disabled and
checked.
- The check box is enabled only when you select the Reimbursement method to calculate COGS.
Costs If this check box is selected, equipment costs defined in the Equipment Cost (tpppc2151m000) session are included to generate the interim results. Note - By default, the check box is disabled and
checked.
- The check box is enabled only when you select the Reimbursement method to calculate COGS.
Costs If this check box is selected, subcontracting costs defined in the Subcontracting Costs (tpppc2171m000) session are included to generate the interim
results. Note - By default, the check box is disabled and
checked.
- The check box is enabled only when you select the Reimbursement method to calculate COGS.
Costs If this check box is selected, sundry costs defined in the Sundry Costs (tpppc2191m000) session are included to generate the interim results. Note - By default, the check box is disabled and
checked.
- The check box is enabled only when you select the Reimbursement method to calculate COGS.
Costs If this check box is selected, overhead costs are included to generate the interim
results. Note - By default, the check box is disabled and
checked.
- The check box is enabled only when you select the Reimbursement method to calculate COGS.
Commitments If this check box is selected, material commitments defined in the Commitment Entry (Material) (tpppc2510m000) session are included to generate the
interim results. Note - By default, the check box is disabled and
checked.
- The check box is enabled only when you select the Reimbursement method to calculate COGS.
Commitments If this check box is selected, equipment commitments defined in the Commitment Entry (Equipment) (tpppc2550m000) session are included to generate the
interim results. Note - By default, the check box is disabled and
checked.
- The check box is enabled only when you select the Reimbursement method to calculate COGS.
Commitments If this check box is selected, subcontracting commitments defined in the Commitment Entry (Subcontracting) (tpppc2570m000) session are included to generate the
interim results. Note - By default, the check box is disabled and
checked.
- The check box is enabled only when you select the Reimbursement method to calculate COGS.
Commitments If this check box is selected, sundry commitments defined in the Commitment Entry (Sundry Cost) (tpppc2590m000) session are included to generate the
interim results. Note - By default, the check box is disabled and
checked.
- The check box is enabled only when you select the Reimbursement method to calculate COGS.
Forecast If this check box is selected, forecasted material costs defined in the Material Cost Forecast (tpppc2516m000) session are included to generate the interim
results. Note - By default, the check box is disabled and
checked.
- You can select this check box only if you uncheck the Commitments check box for the material cost
type.
Forecast If this check box is selected, forecasted labor costs defined in the Labor Cost Forecast (tpppc2536m000) session are included to generate the interim results. Note - By default, the check box is disabled and
checked.
- The check box is enabled only when you select the Reimbursement method to calculate COGS.
Forecast If this check box is selected, forecasted equipment costs defined in the Equipment Cost Forecast (tpppc2556m000) session are included to generate the interim
results. Note - By default, the check box is disabled and
checked.
- You can select this check box only if you uncheck the Commitments check box for the equipment cost
type.
Forecast If this check box is selected, forecasted subcontracting costs defined in
the Subcontracting Cost Forecast (tpppc2576m000) session are included to generate the
interim results. Note - By default, the check box is disabled and
checked.
- You can select this check box only if you uncheck the Commitments check box for the material cost
type.
Forecast If this check box is selected, forecasted sundry costs defined in the Sundry Cost Forecast (tpppc2596m000) session are included to generate the interim
results. Note - By default, the check box is disabled and
checked.
- You can select this check box only if you uncheck the Commitments check box for the material cost
type.
Forecast If this check box is selected, the forecasted overhead costs defined in the Overhead Forecast (tpppc6106m000) session, are considered while generating the interim
results. Selection of Revenue Types Revenues If this check box is selected, revenues specified in the Revenues (tpppc3101s000) are included in the generation of interim
results. Expected Revenues If this check box is selected, the expected revenues are included in the
generation of interim results. Forecast If this check box is selected, the forecasted revenues are included in the
generation of interim results. Options Settle previous Financial Result If this check box is selected, the previous financial results are settled. LN generates interim
result for the remaining data. Aggregate by Project/Extension If this check box is selected, LN aggregates the revenue recognition and costs of goods sold at
project or extension level. Note If this check box is cleared, LN generates results at the element or activity level, wherever
possible. Skip Lines with empty Amounts If this check box is selected, LN skips lines with empty amounts at project, extension, element or
activity level, when generating the interim results. Include Advance Payments in Revenue If this check box is selected, LN includes the advance payments in revenue. Scenario Primary Interim Results If this check box is selected, interim result for the primary scenario is
generated. Note By default, this check box is selected. Alternate Interim Results If this check box is selected, interim result for the alternate scenario is
generated. | |