Contract Installments (tsctm4100m000)

Use this session to maintain the service-contract installments.

Note

The status of the service contract must be Active to maintain the installments.

Pro Forma Invoicing

To create pro forma invoice for the service contract and the contract installments, you can use the Process Contract Installment Pro Forma Invoices option from the Action menu. The Process Contract Installment Pro Forma Invoices (tsctm4291m000) session is displayed to process the pro forma invoices for the service contract and the contract installments.

To view the Pro Forma Invoicing Workbench (cisli3640m000), you can use the Pro Forma Invoices from the Reference menu.

 

Service Contract

The service contract that is linked to the installment.

Description

The service contract description.

Contract Amount

The total contract amount that is invoiced in parts, periodically, or as determined by the user.

The term's price determines this amount.

Note

If the contract has been canceled, the cancel date and the invoice method determine the contract amount.

Installment Number

The sequence number that identifies the installment line.

Installment Type
Effective Date

The period for which the contract installment is applicable.

Planned Invoice Date

The date that you plan to invoice the installment amount.

Note

This is also the date for which the amount is calculated.

Contract Change

The contract change in combination with the service contract makes it possible to retrieve all contract installments related to the original service contract or to any contract renewal.

Configuration Line

The configuration for which this installment is specified.

Installation Group

A set of serialized items that have the same location and are owned by the same business partner. Grouping serialized items into an installation group enables you to maintain them collectively.

Item

The item for which the contract installament is applicable.

Serial Number

The serial number of the item.

Installment Text
Currency

The currency, which is specified in the service contract.

Amount

The installment amount (without discount) in the contract's currency.

Default value

installment amount = total contract amount - total installment amount 

Note

If the total installment amount exceeds the total contract amount, LN displays a warning.

Discount %

The installment's discount percentage.

Discount Percentage

The installment's discount amount in the contract currency.

Default value

discount amount = discount percentage * installment amount
Net Amount

The installment's net amount.

Default value

net installment amount = installment amount - discount amount
Tax Amount

Invoicing enters the installment's tax amount. You invoice the invoice-to business partner for this amount in the contract's currency.

Percentage

The forecast costs for this installment period. LN displays the costs as a percentage of the installment amount.

Cost Amount

Your company's reference currency, which is defined in the Companies (tcemm1170m000) session.

Cost Amount

The forecast cost amount for the installment period.

Note

You can include a discount by using the following formula:

discount amount = discount percentage * installment amount
Net Installments

The total gross amount of all invoiced and uninvoiced installments.

Note

If the total installment amount is greater than the contract amount, LN displays a warning.

Incidental Change Amount

The total amount resulting from incidental changes.

Indexation Amount

The total amount resulting from indexation.

Amount

The total revenue amount expressed in the home currency.

Start Date

The date and time from which the financial transactions of this contract installment would be valid and start in the General Ledger module in Financials.

Financial Periods

The number of financial periods during which you distribute the installment amounts and the forecast costs.

Note

The number of financial periods is counted from the financial spreading start date, which should be less than the financial periods of the company.

Invoice Number

Invoicing enters the financial company's code that is linked to the installment.

Transaction Type

Invoicing enters the transaction type's code that is linked to the installment.

Invoice Number

Invoicing enters the installment's invoice sequence number.

Invoice Date

Invoicing enters the date on which you invoice the installment.

Posting Date

Invoicing enters the date on which you post the installment to the General Ledger module in Financials.

Actual Fiscal Period

A separate period, or year for financial purposes.

Three financial period types exist:

  • Fiscal, in which all transactions are recorded (for example, 12 months).
  • Reporting, for management requirements (for example, 52 weeks).
  • Tax, for tax regulations (for example, 4 quarters).
Revenue Amount in Home Currency

The revenue amount expressed in the home currency. Infor LN updates this value when the contract installment is processed for invoicing.

Note

This field is displayed only if the Use Multiple Functional Currencies check box is selected in the Companies (tcemm1170m000) session.

Rate

The currency rate for the home currency and the contract currency.

Note

This field is displayed only if the Use Multiple Functional Currencies check box is selected in the Companies (tcemm1170m000) session.

Rate Factors for Home Currencies

The rate factor for the home currency and the contract currency.

Note

This field is displayed only if the Use Multiple Functional Currencies check box is selected in the Companies (tcemm1170m000) session.

Rate Date

The date and time when the currency rate is valid.

Note

This field is displayed only if the Use Multiple Functional Currencies check box is selected in the Companies (tcemm1170m000) session.

 

Accept Installment

Use this command to change the status of the service contract installment to Accepted.

Cancel Installment

Use this command to change the status of the service contract installment to Canceled.

Transfer Installments

Use this command to transfer the service contract installments to Invoicing.