Installments (tppin4151m000)

Field Information

General

Contract

The code that identifies the contract.

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 that is linked to the installment.

Description

The description or name of the code.

Status

The Contract Status.

Note: 

• The contract line can be set to Active only if the contract is set to Active.
• If the contract header status is Canceled, all the lines are also set to Canceled.

Project

The code that identifies the project linked to the installment.

Note: 

LN allows you to create an installment without specifying a project. However it is mandatory to specify the project before you approve the installment.

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.

Status

The current status of the project linked to the installment.

Contract Amount

The total contract line amount.

Currency

The currency of the contract line amount.

Home Contract Amount

The contract amount in the home currency.

Sold-to Business Partner

The sold-to business partner for the installment.

Name

The description or name of the code.

Installment

The code that identifies the installment.

Description

The description or name of the code.

Advance Amount to Be Settled

The currency of the advance amount.

Advance Amount to Be Settled

The advance amount to be settled with the installment.

General

Element

The code that identifies the element to which the installment is linked.

Description

The description or name of the code.

Work Authorization Status

The work authorization status of the element.

Plan

The code that identifies the project plan.

Activity

The code that identifies the activity linked to the installment.

Description

The description or name of the code.

Work Authorization Status

The work authorization status of the activity.

Currency Rate

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

Rate Factor

The rate factor that belongs to the displayed currency rate.

Rate

The rate defined by the rate determiner and the business partner exchange-rate type.

Use Holdback

If this check box is selected, you can apply holdback to this installment. LN enters a record in holdback when you release an installment.

Note: 

• This check box is enabled only if holdback is applicable for project activity or element as linked to the installment.
• This check box is not applicable if a negative value is specified in the Installment Amount field.

Holdback Percentage

The holdback amount or percentage defined for the installment.

Note: 

• LN defaults the value defined for the holdback percentage or amount in the Contracts (tpctm1100m000) and the Contract Lines (tpctm1110m000) sessions. However, you can change the value. The value you enter must not exceed the installment amount.
• If a holdback percentage is defined for a project contract and if the Use Holdback check box is selected for the installment linked to the project contract, the holdback percentage of the project contract line is defaulted in this field.
• This field is not applicable if a negative value is specified in the Installment Amount field.

Invoice Discount

The percentage discount defined for the installment invoice.

Note: LN defaults the value from the Contract Lines (tpctm1110m000) session. However, you can change the value.

Paying

Payment Terms

The payment terms linked to the installment.

Description

The description or name of the code.

Late Payment Surcharge

The late payment surcharge for the installment.

Description

The description or name of the code.

Payment Method

The payment method for the installment.

Note: You can only use payment method of type Receipt if a negative value is specified in the Installment Amount field.

Description

The description or name of the code.

Normal Work

Number of Points

The number of points for this installment. You can access this field if you set the Installment Type field to Points in the Contract Lines (tpctm1110m000) session.

Default value

The total number of points per project minus the points of prior installments.

This Installment

The percentage amount of this installment. You can access this field if you set the Installment Type field to Percentage in the Contract Lines (tpctm1110m000) session.

Default value

100% minus the total percentage of prior installments.

Installment Amount

The amount of the current installment.

LN calculates this amount based on the following settings in the Installment Type field by using the Contract Lines (tpctm1110m000) session:

• Points

  Amount = (number of points per installment * contract amount) / total number of points per project

• Percentage

  Amount = percentage per installment * contract amount

• Fixed Amount

  Amount = contract amount - total of the installments for project

Note: You can also specify a negative value if the contract line amount of the corresponding contract line is negative.

This Installment

The amount in the home currency. Click Rotate Currency to see the amount in the other home currencies.

Document Compliance Status

The status of the compliance for the bank guarantee documents.

Allowed values

To be Validated

The document compliance check is to be performed.

Validating

The document compliance check is successful, but pending approval.

Validation Error

The document compliance check failed, correction and new validation is required.

Validated

The document compliance check is successful, or failed but overruled by an authorized user.

Not Applicable

Document compliance checks are not required.

Note: 

• This is a display field.
• This field is displayed only if:
  • The Trade Management checkbox is selected in the Implemented Software Components (tccom0100s000) session.
  • The check boxes in the Bank Guarantee - Beneficiary or Bank Guarantee - Applicant field groups are selected for Trade Types Export and/or Domestic Outbound in the Financial Trade Management Parameters (tcgtc9199m000) session.

Approved for Invoicing

If this check box is selected, you can transfer the record to the Invoicing module using the Transfer Transactions to Invoicing (tppin4200m000) session.

Note: 

If this check box is cleared, and the Invoice Document field is zero, the following fields are zero:

• Points to be Invoiced
• Percentage to be Invoiced
• Installment Amount to be Invoiced
• Installment Amount Add. Work to be Invoiced

Points

The remaining points to be invoiced. You can access this field if the Approved for Invoicing check box is selected in this session.

Default value

The difference between the field values for the Number of Points field and the Points Invoiced field.

Note: The user must not have invoiced all the points for this installment.

Approved for Invoicing

The remaining percentage to be invoiced. You can access this field if the Approved for Invoicing check box is selected and you have not invoiced the full percentage amount of this installment.

Default value

The difference between the field values for the Percentage and the Invoiced Percentage fields.

Approved for Invoicing

The remaining installment amount to invoice. If you select the Approved for Invoicing check box, you can access this field. In addition, you must not have invoiced the full amount of the installment.

LN calculates this amount based on the following settings in the Installment Type field in the Contract Lines (tpctm1110m000) session:

• Points

  Amount = invoicable points * total number of points

• Percentage

  Amount = invoicable percentage * contract amount

• Fixed Amount

  Amount = total installment amount - invoiced installment amount

Note: You can specify a negative value in this field if a negative value is specified in the Installment Amount.

Home Currency

The amount in the home currency. Click Rotate Currency to see the amount in the other home currencies.

Points Invoiced

The number of points currently invoiced for the installment. If you used the initial stage folder, you can access this field.

Note: To enter the number of points, you must set the Installment Type field to Points in the Contract Lines (tpctm1110m000) session.

Invoiced

The percentage currently invoiced for the installment. If you used the initial stage folder, you can access this field.

Note: To enter the percentage, you must set the Installment Type field to Percentage in the Contract Lines (tpctm1110m000) session.

Invoiced

The amount currently invoiced for the installment.

Note: The invoiced amount must be smaller than the installment amount.

Invoiced

The amount in the home currency. Click Rotate Currency to see the amount in the other home currencies.

Total invoiced on Contract

The total number of points currently invoiced for the installment.

Total inv. on Contract

The total percentage currently invoiced for the installment.

Total inv. on Contract

The total installment amount currently invoiced for the project.

Total inv. on Contract

The amount in the home currency. Click Rotate Currency to see the amount in the other home currencies.

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.

Final Installment

This check box is selected only for projects with invoice type set to progress invoice in the Contract Lines (tpctm1110m000) session and if the Final Installment check box in the Invoicing Methods (tcmcs0155s000) session is selected.

Closed

If this check box is selected, you can print and post an installment invoice in the Invoicing module under the following conditions.

• The total invoiced amount must be greater than or equal to the installment amount.
• The Invoice type field in the Contract Lines (tpctm1110m000) session is set to Progress Invoice.

Invoice Document

LN enters the code of the financial company to invoice that is linked to the project.

Invoice Document Transaction Type

LN enters the procedure type for the transaction.

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

Invoice Document Number

LN enters a sequence number for the invoice.

Note: 

• The Invoicing module identifies an invoice by this field.
• 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 Invoice Amount when you create a credit note for a specific invoice line..
• 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 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.

Payment

Triggering

Triggering Activity

The activity that triggers the installment.

Status

The status of the activity that triggers the installment.

Planned Invoice Date

The planned date to generate the installment invoice. LN uses this date in the Display Financial Analysis (tppss0701m000) session and in the Performance Measurement using EVM (tppss0702m000) session.

Note: 

You can modify this date using the Update Planned Invoice Dates (tppin4252m000) session.

By default, LN enters the activity or element's finish date based on the Control by field in the Projects (tppdm6100m000) session.

Date of Performance

The date and time when the project related tasks are delivered, that is used to set the delivery date of a billable line in Invoicing. If a date is not specified, the current date is considered.

Cost Control Period

For cost control purposes, LN sends the transaction to the project history in this year.

Cost Control Period

For cost control purposes, you must send the transaction to the project history during this cost control period.

Description

The description or name of the code.

Text

Specify the additional text that you can add to an invoice

Use Text on Invoice

If this check box is selected, you can use the additional information(text) of the installment in the invoice.

Tax

Tax Classification

The tax classification for the installment, defined in the Tax Classifications (tctax0116m000) session.

Exempt

If this check box is selected, the tax code represents tax exemption.

Tax Country

The tax country for the installment.

Tax State/Province

The state/province of the tax country for which the tax and registration data is displayed.

Tax Code

The tax code for the advance payment request, defined in the Tax Codes by Country (tcmcs0536m000) session.

Own Tax Number

The tax number of the company.

Note: 

• This is a display field.
• Infor LN populates this value based on the:
  • The Financial company that is linked to the Sales Office of the contract line.
  • The Tax country linked to the contract line.
  • The Reference date from which the tax is applicable. Usually, the invoice date is considered as the reference date.

Legal Name

The name linked to the registration ID which can be used on the legal reports.

Tax Exemption Certificate

The tax exemption certificate number if tax is exempted for the installment.

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.

Tax Exemption Reason

The code that identifies the reason if tax is exempted for the installment.

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.

Tax and Registration Data Complete

Indicates whether the tax and registration data generation process is completed for the installment.

BP Tax Country

The tax country of the sold-to business partner for the installment.

Tax State/Province

The code of the state/province to which the sold-to business partner is linked.

BP Tax Number

The tax number allotted by the government to the sold-to business partner.

Legal Name

The name linked to the registration ID of the sold-to business partner that can be used on the legal reports.

Additional Work

Description

The description of the additional work for the installment.

Revenue Code

The code that identifies the revenue.

Note: When you process the invoice in the Invoicing module, LN sends the installment revenue to the revenue code in the project history.

Description

The description or name of the code.

Installm. Amnt Add.Wrk

The total amount of additional work in this installment.

Home Currency

The amount in the home currency. Click Rotate Currency to see the amount in the other home currencies.

Points to be Invoiced

The total amount of additional work for invoicing in this installment.

Home Currency

The home currency used to express the amount for additional work for invoicing in this installment.

Points Invoiced

The additional work amount currently invoiced for the installment.

Note: If the invoice amount is smaller than the installment amount, you can enter the initial levels of installments.

Home Currency

The amount in the home currency. Click Rotate Currency to see the amount in the other home currencies.

Invoice Document

LN enters the code of the financial company to invoice that is linked to the project.

Invoice Document Transaction Type

LN enters the procedure type for the transaction.

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

Invoice Document Number

LN enters a sequence number for the invoice.

Note: 

The Invoicing module identifies an invoice by this field.

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 Invoice Amount when you create a credit note for a specific invoice line, such as manual sales invoice.

Currency

The home currency for the installment.

Number of Points

The total number of points that you can distribute to the installments of the project.

Example

Contract amount by customer			EUR 600,000
Number of points			300
Installment 1	100 points	EUR 200,000
Installment 2	75 points	EUR 150,000
Installment 3	75 points	EUR 150,000
Installment 4	50 points	EUR 100,000
-	-	EUR 600,000

Note To enter the number of points, you must set the Installment Type field to Points in the Contract Lines (tpctm1110m000) session.

Revenue Code

The code that identifies the revenue that corresponds to the installment, defined in the Standard Revenues (tppdm0515m000) or Project - Revenues (tppdm6515m000) session.

Description

The description or name of the code.

Post to Fiscal Period

The fiscal year in which the installment is planned.

Fiscal Period

The fiscal period in which the installment is planned.