Revenues (tpppc3101s000)

Use this session to maintain revenue details. These are revenue transactions that are not yet approved and posted to Financials.

You can register revenues manually or through the Invoicing module. If a project invoice is printed in the Invoicing module, project revenues automatically become available. After confirmation and processing, revenues can be posted to Financials and monitored by using the Project Progress module.

Note: You can create revenue transactions manually for the posting type, Project Control even if the project is not linked to a contract. In case no contract is linked to the project, LN defaults the required revenue data from the project instead of the contract line.
Note: 

You can view the Multi Currency tab only if, in the Companies (tcemm1170m000) session, for the specified company:

  • The Currency System field is set to Standard.
  • The Use Multiple Functional Currencies check box is selected.

When the revenue entry is created manually, LN uses the local currency to recognize the cost of sales using the historical rates from the Project, instead of the current effective rate.

Note: 

When you post the invoice of the fee and/ or penalty line in Invoicing, the LN updates the revenue transactions related to the fees and penalties. The following data from the Fees and Penalties (tppin0180m000) session is displayed in this session:

  • Description
  • Invoice Type, Fees and Penalties
  • Invoice Document
  • Project data ( Project, Element, Activity)
  • Revenue Code

Field Information

Project

The project code.

Description

The description or name of the code.

Status

The project status.

Sequence

A number that identifies the subcontracting costs.

Revenues
Revenues
Element

The element code.

Description

The description or name of the code.

Status

The work authorization status of the element.

Activity

The activity code.

Description

The description or name of the code.

Status

The work authorization status of the activity.

Extension

The extension code.

Description

The description or name of the code.

Status

The extension status.

Revenue Code

LN posts the revenue of the advance to the revenue code in the project history and to Financials . This occurs when you process the invoice in the Process Transactions (tpppc4802m000) session.

Item

The code of the item that is sold.

Note: 

This is applicable only for invoices:

  • Contract deliverables
  • Sales orders
  • Maintenance sales orders
Description

The description of the revenue code.

Cost Component

The cost component.

Note: You can only specify a cost component for which the Component Type is set to Detail or Collect in the Cost Components (tcmcs0148m000) session.
Description

The description or name of the code.

Reference
Sold-to BP

The sold-to business partner linked to the project.

Invoice-to Business Partner

The invoice-to business partner linked to the project.

Employee

The code that identifies the employee.

Description

The description or name of the code.

Amount

The default value is determined by the outstanding amount, in case of a transaction posted from Financials .

Currency

The currency in which the amount is expressed.

Rate (Debit)

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

Note: 

This field is enabled and can be modified only:

  • For the manual sundry costs (Project Control).
  • For the reporting currencies used by the financial company of the project.
Rate Factor (Debit)

The rate factor.

Rate/Rate Factor

The amount expressed in the home currency.

Rate/Rate Factor

The amount in the home currency.

Invoice Type

The invoice method results in revenue.

Allowed values

Advance Payment
Fees and Penalties
Installment
Inst. Additional Work
Cost-Plus
Extension
Unit Rate
Holdback
Delivery Based
Progress Payment Request
Document

The value of this field is part of the financial document number that is used for the purchase order invoice that matches in the Accounts Payable (ACP) module in Finance.

Registration Date

Date of input for the forecast deviation of costs.

Cost Control Period

The year in which the transaction must be posted to the project history for cost control.

Period

The period in which the transaction must be posted to the project history for cost control.

Fiscal Period

The fiscal year in which the transaction is posted to Financials .

Fiscal Period

The period in which the transaction is posted to Financials .

Enterprise Unit

The code of the enterprise unit.

Transaction
Posting Type

The entry type shows both the origin of the transaction and the accounts based on which the transaction is posted to Financials .

Transaction Time

The transaction's date of input.

User

The logon code of the person who created the transaction.

Sales Invoice (Project)
Financial Company

The company which is responsible for the delivery specified on the transaction line and which can have an intercompany relationship with your company. You can only change the value of this field if you are using several companies and if intercompany accounts have been created in Financials .

Transaction Type

The value of this field is part of the financial document number that is used for manually-entered invoices in Finance that are posted to Project .

Financial Document

The value of this field is part of the financial document number that is used for manually-entered invoices in Finance that are posted to Project .

Note: 

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.

Settlement

The sequence number of the advance.

Installment

The number identifies the installment.

Deliverable

The project deliverable number.

Schedule

The project deliverable schedule number.

Holdback

The holdback number.

Sales Invoice (Finance)
Delivering Company

The value of this field is part of the financial document number that is used for the purchase order invoice that matches in the Accounts Payable (ACP) module in Finance or it is part of the financial document number that is used for manually-entered invoices in Finance that are posted to Project .

Transaction Type Financial Transaction

The value of this field is part of the financial document number that is used for manually-entered invoices in Finance that are posted to Project .

Fin. Document (Finance)

If a financial transaction is posted from Financials to Project , Infor LN fills the document number. The document number cannot be maintained in Project .

Line Number

The line number filled by Infor LN when a financial transaction is posted from Financials to Project . The number cannot be maintained in Project .

Sequence Number Finance

If a financial transaction is posted from Financials to Project , Infor LN fills the sequence number. The sequence number cannot be maintained in Project .

Target Line Number

A number filled by Infor LN when a financial transaction is posted from Financials to Project . The number cannot be maintained in Project .

Status
Post to LN Financials

If this check box is selected, the transaction is posted to Financials .

Approved for Posting

If this check box is selected, the transaction has been approved for posting.

Text

If this check box is selected, a text is present.

Tax
Own Tax Data
Exempt

If this check box is selected, the tax exemption is applicable for the revenues of the project.

Tax Country

The tax country of the project for which the revenues are defined.

Tax State/Province

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

Tax Code

The tax code defined for the transaction, 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.

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

Exemption Certificate

The tax exemption certificate number if tax is exempted for the revenue of the project.

Note: 

You can specify the tax exemption certificate number if the Exempt check box 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.

Exemption Reason

The code that identifies the reason the tax is exempted for the revenue of the project.

Note: 

You can enter the tax exemption reason if the Exempt check box 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 revenue.

Business Partner Tax Data
BP Tax Country

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

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.

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

Multi Currency
Revenues in Home Currency
Rate Date

The date when the currency exchange rate is valid.

Note: This value is defaulted from the Registration Date field.
Amount

The cost amount, expressed in home currency.

Note: 

This field is enabled and can be modified only:

  • For manual revenues (posting type - Project Control).
  • For the reporting currencies used by the financial company of the project.
Home Currency

The home currency of the financial company, linked to the project.

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