| # Commitments (Material) (tpppc2110s000) Use this session to manually create the material commitments for a project. Related topics To use posting types Project The project code. Description The description or name of the code. Status The project status. 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. Item The item's code. Effectivity Unit The effectivity unit code for the item linked to material commitments. Description The description or name of the code. Sequence Number The sequence number code. Extension The extension code. Description The description or name of the code. Status The extension's current processing status. Cost Component The cost component code. Description The description or name of the code. Quantity The quantity of the cost object Unit The unit of measure in which the quantity is expressed. Cost Price A generally accepted medium of exchange such as coins, treasury notes, and banknotes. The following currency types are available in LN: Home currency, which is used internally by companies to calculate costs, record budgets, and register tax amounts Transaction currency, which is used in transactions with business partners, such as orders and invoices Cost Price The price or rate that is expressed in your own currency and at which you purchase goods or services. Rate/Rate Factor If the company uses more than one home currency, you can click the Rotate Currency button to see the amount in each of the home currencies in turn. In a single currency system, LN shows the amounts in the transaction currency and in the home currency. You cannot use the Rotate Currency button. Rate/Rate Factor The amount in the home currency. Currency Rate/Rate Factor The currency rate and the corresponding rate factor between the transaction currency and the displayed home currency is also shown. If the currency rate is fixed, you cannot modify the currency Rate field and the Rate Factor field. Example The currency rates between EMU currencies and the euro are fixed currency rates as in triangulation. Rate/Rate Factor The factor by which the amount in the transaction currency or the invoice currency is divided before LN converts it to a home currency. A rate factor is often used for currencies that have a relatively low price, for example, Korean Won. Registration Date Date of input for the forecast deviation of costs. Cost Control Period The cost control year in which the transaction must be posted to the project history. The default value is the registration date. / The period in which the transaction must be posted to the project history for cost control. The default value of this field is the date of input's cost-control periods. An empty Cost Control Year field is automatically filled with the (imported) cost year. Fiscal Period The fiscal year in which the transaction is posted to Financials. Note The default value for this field is the current fiscal year. / The fiscal period in which the transaction is posted to Financials. Note The default value for this field is the current fiscal period. If the Financials (TF) check box in the Implemented Software Components (tccom0100s000) session is selected, the status of the fiscal period must be Open. Enterprise Unit The enterprise unit's code. Quantity History The quantity history. Posting Type The posting type shows both the origin of the transaction and the accounts on which the transaction posted to Financials is based. Transaction Time The transaction's date of input. Login The logon code of the user who entered the transaction. Buy-from Business Partner The buy-from business partner code. Related topics business partner Invoice-from Business Partner The business partner that sends invoices to your organization. This usually represents a supplier's accounts receivable department. The definition includes the default currency and exchange rate, invoicing method and frequency, information about your organization's credit limit, the terms and method of payment, and the related pay-to business partner. Document The document code. Post to Infor LN Financials This field indicates whether the transaction must be posted to Financials. Approved for Posting If this check box is selected, the transaction can be processed in Financials and/or in the project history. If errors that block the posting process are found, the check box is cleared. Text If this check box is selected, a text is present. Default Cost Price Item Use this function to read default cost price data for the item. Print Commitments Starts the Print Commitments (tpppc2410m000) session which prints the commitments for a project. |