Settled Progress Payment Requests (tppin0571m000)

Use this session to view the settled progress payment requests. You use the installments to settle the progress payment requests. The liquidation percentage specified for the request is used to calculate the settlement amount.

For example, if the Progress Payment amount is 400 EUR, the installment amount is 300 EUR, and the progress liquidation percentage is 75 percent. The amount to be settled against the progress payment invoice:

300 * 75 / 100, equal to 225 EUR

So 225 EUR is the amount settled against the current installment.

Note: The funding distribution, as specified in the Funding Distribution (tpctm0170m000) session, is also considered when calculating the progress payment settlement amount for the contract.

Note: You can also use delivery based invoices to settle the progress payment requests.

Field Information

Contract

The code that identifies the contract linked to the progress payment request.

Description

The description or name of the code.

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 progress payment request.

Description

The description or name of the code.

Status

The Contract Status.

Progress Date

The reference date used to save the request related transaction data, before invoicing.

Note: This value is defaulted from the Create Progress Payment Requests (tppin0270m000) session.
Settlement

The sequence number of the progress payment request line.

Project

The code that identifies the project linked to the progress payment request line.

Note: Only projects with the status set to Active or Finished are linked to the progress payment request line.
Description

The description or name of the code.

Invoice-to Business Partner

The invoice-to business partner linked to the progress payment request, Infor LN defaults this value from the Contract Lines (tpctm1110m000) session.

Name

The description or name of the code.

Installment

The sequence number of the installment linked to the progress payment request.

Description

The description or name of the code.

Deliverable

The deliverable item number.

Schedule

The deliverable schedule line number.

Description

The description or name of the code.

Invoiced Amount

The invoiced amount of the progress payment request line.

Note: LN calculates the sum of invoiced amounts for all the settled progress payment request lines.
Currency

The currency used to express the invoiced amount.

Amount in Home Currency

The invoiced amount expressed in home currency.

Home Currency

The home currency used to express the amount.

Currency Rate

The currency exchange rate to convert the transaction currency to the home currency.

Rate Factor

The rate factor for the currency rate.

Rate

The rate based on the rate determiner and the business partner exchange-rate type.

Rate Date

The date when the exchange rate is valid.

Composed Invoice

The company in which the invoice line is created.

Composed Invoice

The invoice line sequence number.

Composed Invoice-Line Number

The line number of the composed invoice.

Invoice Document

The code of the financial company, linked to the project.

Note: The Invoicing module identifies an invoice by this field.
Transaction Type

The procedure type for the transaction.

Invoice Document

The sequence number of the invoice.

Invoice Document Line

The line number of the invoice document.