Contract Quote (tsctm2600m000)
Use this session to maintain service-contract quotations.
Field Information
- Contract Quote
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service-contract quotation.
- Quote Status
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The Quotation Status.
- Business Partner
- Sold-to Business Partner
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The business partner's name.
- Contact
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The contact person who deals with the quotation in the business partner's organization.
- Contact
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The contact person's name.
- Quote Date
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The date on which the quotation was created.
- Expiry Date
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The date on which the contract quotation expires.
- Search Argument
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The search argument.
- Contract Type
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The contract type.
- Contract Renewal
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If this check box is selected, you can renew an active or an expired contract. Contract renewal enables you to update the expiry date of a service contract by a particular period of time. The contract coverage terms remain intact.
Note: You can only use contract renewal if you select this check box when you create the first contract (after the contract quotation is processed to a service contract). - Renewal Period
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The period after which the contract is renewed.
Note: The renewal period is applicable and mandatory only if the Contract Renewal check box is selected. - Period Unit
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The unit in which the renewal period is measured.
Note: The renewal period is applicable and mandatory only if the Contract Renewal check box is selected. - Price Indexation
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If this check box is selected, indexation applies to the service contract.
- Indexation Start Date
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The effective date for the indexation.
- Indexation Interval
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The period after which indexation is carried out.
Example
If the service-contract duration is two years and the indexation period is six months, indexation is carried out four times.
- Service Office
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The service department or sales office responsible for the service contract or service-contract quotation.
Note: The service office determines the home currency and the financial company. - Period Unit
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The unit in which the indexation is measured.
- Indexation Template
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The code of the indexation template that are used to define the percentage by which the configuration lines and coverage terms are to be indexed.
- Description
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The description or name of the code.
- Incidental Changes
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If this check box is selected, incidental changes apply to the service contract.
- Penalty
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If incidental changes are applied to an active service contract, you can enter here a penalty amount that the sold-to business partner must pay.
- Recognize Revenue per Configuration
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If this check box is selected, revenue cognition is done per configuration of the contract. This will give additional information as to how much each of the configurations under the contract is contributing to the total revenue.
If this check box is cleared, revenue recognition is carried out for the contract.
- Based on
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The Revenue Recognition method.
- Provision
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This is a percentage value by which a portion of the total contract amount can be kept without recognizing till the end of the period. When the contract period is over, the provision amount can be recognized. This provision will enable to take care of any contingences like cancellations, closure or changes to contract that can affect the revenue to be recognized. In order to prevent over-recognition of the amount, usually a certain provision is given. Based on the buffer that the company deems to be necessary, provision percentage is given.
- Description
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The description or name of the code.
- Internal Sales Representative
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The sales representative responsible for this contract quotation.
- Name
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The description or name of the code.
- Installment Template
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The code that identifies the installment template.
Note:- This field is visible and mandatory if the Define Installment Template per Configuration check box is cleared in the Contract Management Parameters (tsctm0100m000) session.
- The value in this field is defaulted from the Contract Management Parameters (tsctm0100m000) session.
- Define Installment Template per Configuration
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If this check box is selected, the installment template is specified for every configuration line that has coverage terms linked.
Note: When you create the contract quotation, the value in this field is defaulted from the Contract Management Parameters (tsctm0100m000) session. - Calculated
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The sales amount of the contract quotation calculated based on the related coverage terms, cost terms, and configuration lines.
- Currency
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The currency in which the sales amount is calculated.
- Sales Amount
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The calculated sales amount can be altered resulting in the total sales amount of the contract quotation.
- Cost Amount
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The cost amount of the contract quotation calculated based on the related coverage terms, cost terms, and configuration lines.
- Gross Margin
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The gross margin (GM) expressed as a percentage.