Contract Funding
For certain types of contracts (for example, Aerospace and Defense contracts), specific funding limits (amounts) can be defined. Based on these limits, the maximum amount that can be invoiced to the customer is set.
Funding Distribution
You can distribute the funding amount by:
- Sequence: The funded amount for the contract line is distributed based on the sequence defined by the user.
- Percentage: The funded amount for the contract line is distributed based on the percentage specified by the user. The total percentage of all the distribution lines must be 100%.
- Funded Amount: The funded amount for the contract line is distributed based on the amount specified in the Funded Amount field. The percentage value of the amount is populated in the Percentage field.
You can specify the funding limit (amount to be invoiced) available to the contractor from the total funded amount allocated for the contract. Funding limits can be applied to all contract types.