Service Contracts (tsctm3100m000)

The code of the service contract.

An alternative form of a description used for convenience during searching. A search key is usually an abbreviation, an acronym, or a mnemonic alternative to a full description.

A way of categorizing contracts based on similarities and shared characteristics.

The start date of the contract.

The date the contract ends.

Contract Status

The business partner who orders goods or services from your organization, who owns the configurations you maintain, or for whom you perform a project. Usually a customer's purchase department.

The address code.

The person with whom you discuss business transactions. For example, you address questions, quotations, and follow-up calls, direct mail, and promotional gifts to the contact. The contact's data include the name, telephone number, e-mail address, and other details.

A reference field for extra information to be printed on various service-contract documents and lists.

This is a reference field for extra information to be printed on various service-contract documents and lists.

If this check box is selected, a contract text is printed on the service-contract document.

The service department or sales office responsible for the service contract or service-contract quotation.

An employee of your company who maintains contact with the sold-to business partner. The employee number of the sales representative is also used as a sorting criterion in the sales statistics.

A group of customers, suppliers, or employees that work in the same business sector.

The highest level used to record prices and discounts for a group of customers and/or suppliers. The price and discount can be determined by linking a price list code to a sales order.

If this check box is selected, a header text is printed on the service-contract document.

If this check box is selected, a footer text is printed on the service-contract document.

The business partner to which you send invoices. This usually represents a customer's accounts payable department. The definition includes the default currency and exchange rate, invoicing method and frequency, information about the customer's credit limit, the terms and method of payment, and the related pay-by business partner.

A full set of address-related details, which include the postal address, access to telephone, fax, telex numbers, and email, Internet address, identification for taxation purposes, and routing information.

The person with whom you discuss business transactions. For example, you address questions, quotations, and follow-up calls, direct mail, and promotional gifts to the contact. The contact's data include the name, telephone number, e-mail address, and other details.

The sales type applicable to the invoice-to business partner.

An attribute of order header and order lines that you can use to define tax exceptions for the transactions. LN retrieves the default tax classification from the invoice-from and invoice-to business partners.

The description or name of the code.

If this check box is selected, the service contract is exempted from tax classification.

The code that identifies the installment template.

If this check box is selected, the installment template is specified for every configuration line that has coverage terms linked.

The template used to define the percentage by which the contract amount must be indexed.

Agreements about the way in which invoices are paid.

The percentage that is charged over the goods amount or over rendered services that the recipient of the invoice must pay if the invoice is not paid within a specified period.

If this check box is selected, a text is printed on installment invoices.

The currency, which is specified in the service contract.

A way to group currency exchange rates. You can assign different currency exchange rates to different invoice-to business partners and/or to different types of transactions (purchase, sales, and so on).

Currency Rate Determiner

The rate for one currency base-unit.

The country in which you must pay/report the value-added tax (VAT). The tax country can be different from the country where services or goods are delivered.

The tax number of the service provider.

The tax code for the tax country.

The tax country of the business partner.

The description of the business partner's tax country

The tax number of the business partner.

The business partner from whom you receive payments. This usually represents a customer's accounts payable department. The definition includes the default currency and exchange rate, the customer's bank relation, the type of reminders you send to the business partner, and the frequency of sending reminders.

The address code.

The person with whom you discuss business transactions. For example, you address questions, quotations, and follow-up calls, direct mail, and promotional gifts to the contact. The contact's data include the name, telephone number, e-mail address, and other details.

The time period for which the contract is active. Enter a numeric value and select a unit of time to define the contract duration. Following are the available units of time:

The unit of time that defines the duration for which the contract is active . Following are the available units of time:

The method indicating how the contract price is determined.

If the pricing method used is Sales Value of Configuration, a percentage value is required.

A quote to a business partner for the provision of a service contract.

If this check box is selected, you can use overtime in the service contract's implementation.

If this checkbox is selected, you can renew a service contract with Active or an Expired status.

The time period for which the contract is active. Enter a numeric value and select a unit of time to define the time period. Following are the available units of time:

The unit of time that defines the duration for which the contract is active . Following are the available units of time:

If this check box is selected, this contract will be ignored during a global renewal process.

If this check box is selected, you can apply indexation to the service contract price. Indexation enables you to lower or raise the price of the service contract at given intervals.

The effective date for the indexation.

The period after which indexation is carried out.

The period unit of the indexation period.

If this check box is selected, you can make incidental changes to this service contract.

If incidental changes are carried out on an active service contract, you can enter here a penalty amount that the sold-to business partner must pay.

Revenue Recognition method

This is a percentage value by which a portion of the total contract amount can be kept without recognizing till the end of the period. When the contract period is over, the provision amount can be recognized. This provision will enable to take care of any contingences like cancellations, closure or changes to contract that can affect the revenue to be recognized. In order to prevent over-recognition of the amount, usually a certain provision is given. Based on the buffer that the company deems to be necessary, provision percentage is given.

If this check box is selected, revenue cognition is carried out for each configuration of the contract. This will give additional information as to how much each of the configurations under the contract is contributing to the total revenue.