Holdback (tppin4140m000)

Use this session to view, maintain and release holdback amounts for invoicing. Holdback, or retention is a condition, which states that a portion of the invoice is held back until the work is complete.

Note: You can apply holdback to all the invoicing methods except advance payment requests and fees & penalties.

Field Information

General

Contract

The code that uniquely identifies the contract for which holdback is defined.

Description

The description or name of the code.

Contract Status

The Contract Status.

Contract Line

The contract line number for the holdback.

Contract Line Status

The Contract Status.

Project

The code that identifies the project linked to the holdback.

Description

The description or name of the code.

Project Status

The current status of the project.

Sold-to Business Partner

The sold-to business partner for the contract line.

Description

The description or name of the code.

Sequence

The code that identifies the holdback record.

General

Installment: The code that identifies the installment linked to the holdback.
Element: The code that identifies the element.
Description: The description or name of the code.
Work Authorization Status: The work authorization status of the element.
Activity: The code that identifies the activity.
Description: The description or name of the code.
Status: The work authorization status of the activity.
Extension: The code that identifies the extension.
Description: The description or name of the code.
Revenue Code: The code that identifies the revenue.
Description: The description or name of the code.
Description: The description or name of the code.

Amounts

Holdback Percentage: Indicates the holdback percentage that was used to create the holdback line. The holdback percentage is defined on the contract line. However, you can modify this value on the installment linked to the contract line.
Holdback Amount: The holdback amount.
Currency: The transaction currency.
Amount in Home Currency: The amount in the home currency.
Currency: The home currency.
Customs Value: The customs value applicable for the goods of the invoice for which the holdback amount is defined.
Note: Infor LN allows you to modify this value only if the Approved for Invoicing check box is cleared for the holdback line.
Customs Value Currency: The code of the currency in which the customs value is expressed.
Note: This value is defaulted from the Currency field in the Contract Lines (tpctm1110m000) session. You cannot modify the value.
Currency Rate/Rate Factor: 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.
Amount to be Invoiced: The holdback amount to be invoiced.
Amount To be Invoiced in Home Currency: The amount to be invoiced in home currency.
Remaining Holdback: The remaining holdback amount. LN calculates this value based on the value specified in the Holdback Amount and the Amount to be Invoiced field.

Note: This is a display field.
Rate Defined: The rate defined by the rate determiner and the business partner exchange-rate type.

Invoicing

Triggering Activity

The milestone or activity that triggers the Planned Invoice Date of the holdback linked to the contract line.

Status

Indicates the status of the triggering activity associated with the holdback.

Planned Invoice Date

The planned date and time when the invoice must be generated for the holdback associated with the contract line.

Note:

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

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

Invoice Document

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

Invoice Document Transaction Type

LN enters the procedure type for the transaction. Invoicing identifies an invoice by this field.

Invoice Document

LN enters a sequence number for the invoice.

Note:

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

Approved for Invoicing

If this check box is selected, the holdback line has been approved and you can transfer the record to the Invoicing module using the Transfer Transactions to Invoicing (tppin4200m000) session.

Transferred to Invoicing

If this check box is selected, the transaction is transferred to the Invoicing module.

Canceled

Indicates if the holdback is canceled.

Tax Classification

The tax classification applicable for the holdback associated with the contract.

Exempt

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

Tax Country

The tax country of the holdback defined for the contract.

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 holdback.

Own Tax Number

The tax number of the company.

Note:

This is a display field.
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.

Exemption Certificate

The tax exemption certificate number if tax is exempted on the holdback.

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.

Exemption Reason

The code that identifies the reason if tax is exempted on the holdback.

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 advance payment.

BP Tax Country

The tax country of the sold-to business partner for whom the holdback is defined.

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.

Text

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

Use Text on Invoice

If this check box is selected, you can print the text of the holdback on the invoice.

Cost-Plus

Material

You use this field if you apply the following.

Holdback
Cost plus (or extension, cost plus) invoicing
Item line invoicing

Labor