| # Installments (tppin4151s000) use.session.to maintain and define installment schedules and their data. Tabs General: enter the general installment data. Triggering: using the Generate Installments to be Invoiced (tppin4251m000) session, the installments related to a triggering activity or milestone can be set to To be Invoiced, if the activity or milestone is finished, or if the planned invoice dates is earlier than or the same as the actual invoice date. Normal Work: select and display points, percentages, or the fixed amount associated with normal work. Additional Work: enter data for additional work. This is only used in progress invoicing. Initial Stage: select this folder to enter the project's invoiced installments before you installed Project. Note If you delete an installment, baan also deletes its number in the corresponding advance. Related topics To use installment invoicing To use advance payment requests Project The code that identifies the project. Note The invoicing method for the project must be Installment or Progress Invoice. In addition, you can only use projects with the Active or Finished status. Description The description or name of the code. Status The project's current status. Sold-to Business Partner The sold-to business partner. Note If you defined a sold-to business partner in the Business Partner by Project (tppdm6101s000) session, baan enters this business partner in this field. Sold-to Bus. Partner The name of the business partner. Installment No. The code that identifies the installment. Description The description or name of the code. Contract Amount The contract amount. Contract Amount The description of the transaction currency. No. of Points The total number of points that you can distribute to the installments of the project. Example
Contract amount by customer | NLG 600,000
Number of points | 300
Installment 1 | 100 points | NLG 200,000
Installment 2 | 75 points | NLG 150,000
Installment 3 | 75 points | NLG 150,000
Installment 4 | 50 points | NLG 100,000
- | - | NLG 600,000
Note To enter the number of points, you must set the Installment Type field to Points Chart in the Business Partner by Project (tppdm6101s000) session. Advance Amount to Be Settled The currency of the advance amount. Advance Amount to Be Settled The advance amount to be settled with the installment. Element The code that identifies the element to which the installment is linked. Element The description or name of the code. Status The work authorization status of the element. Activity The code that identifies the project plan. / The code that identifies the activity to which the installment is linked. / The description or name of the code. Status The work authorization status of the activity. Text If this check box is selected, a text is present. Text on Invoice If this check box is selected, you can print the text of the installment on the invoice. Contract Sub Amount The transaction currency. Contract Sub Amount Part of the contract amount. Contract Sub Amount The home currency. Click Rotate Currency to see the amount in the other home currencies. Contract Sub Amount The amount in home currency. Currency Rate/Rate Factor The currency exchange rate to convert the transaction currency to the displayed home currency. Rate/Rate Factor The rate factor that belongs to the displayed currency rate. Use Holdback If this check box is selected, you can apply holdback to this installment. baan enters a record in holdback when you release an installment. Use Holdback The holdback percentage defined in the Project (tppdm6100s000) session and the holdback amount and currency for the installment. Transferred to CI If this check box is selected, you have transferred the record to the Sales Invoicing module using the Transfer Project Data to Central Invoicing (tppin4200m000) session. Final Installment This check box is selected only for projects with invoicing method set to progress invoice in the Project (tppdm6100s000) session and if the Final Installment check box in the Invoicing Methods (tcmcs0155s000) session is selected. Tax Country The tax country. By default, the value is displayed from the Project Business Partner (tppdm6101s000) session. The user can change the value. Description The description or name of the code. Registration Number Sequence(Own) The sequence number assigned to your company's tax registration number. The value is defaulted from Business Partner by Project (tppdm6101s000) session. To change the value, click the browse arrow to select the sequence number from the Registration Numbers by Financial Company (tctax9140m00l) session. Registration Number(Own) The tax registration number corresponding to the sequence number you select in the Registration Number Sequence(Own) field. Tax Code The aggregate tax code defined for the business partner in the Project Business Partner (tppdm6101s000) session is displayed here. You can change the value. Related topics Example of aggregate tax code Description The description or name of the code. BP Tax Country The country defined in the BP Tax Country field in the Project Business Partner (tppdm6101s000) session is displayed here. You can change the value. Description The description or name of the code. Registration Number Sequence(BP) The sequence number assigned to your business partner's tax registration number. The value is defaulted from Business Partner by Project (tppdm6101s000) session. To change the value, click the browse arrow to select the sequence number from the Registration Number by Business Partner (tctax4100m000) session. Registration Number(BP) The tax registration number of your business partner corresponding to the sequence number you select in the Registration Number Sequence (BP) field. Percentage The percentage of the approved invoice amount used to calculate the assessable value for VAT. Percentage = Assessable Value for VAT / Invoice Amount. Assessable Value Amount for VAT The assessable value (ASV) amount for VAT. Infor ERP LN calculates the value as the percentage of the approved Invoice Amount/Sales Price. The percentage is defined in the Percentage field. Note The ASV is based on the tax method. For more details, refer to Overview of tax in projects. Percentage The percentage of the approved invoice amount used to calculate Service tax. Percentage = Assessable Value for Service Tax / Invoice Amount Assessable Value Amount for Service Tax The assessable value amount for Service tax. Infor ERP LN calculates the value as the percentage of the Invoice Amount. The percentage is defined in the Percentage field. Tax Amount The total tax amount as calculated in the Tax Breakdown Structure (tctax9141m10l) session. The amount includes both claimable and non-claimable taxes. Note This is a display field. Percentage for Additional Work The percentage of the approved invoice amount for additional work, used to calculate the assessable value for VAT. Percentage = Assessable Value for VAT / Invoice Amount Assessable Value Amount for VAT for Additional Work The assessable value (ASV) amount for VAT for additional work. Infor ERP LN calculates the value as the percentage of the approved Invoice Amount/Sales Price. The percentage is defined in the Percentage field. Note The ASV is based on the tax method. For more details, refer to Overview of tax in projects. Percentage for Additional Work The percentage of the approved invoice amount for additional work used to calculate Service tax. Percentage = Assessable Value for Service Tax / Invoice Amount Assessable Value Amount for Service Tax for Additional Work The assessable value (ASV) amount for Service for additional work. Infor ERP LN calculates the value as the percentage of the approved Invoice Amount/Sales Price. The percentage is defined in the Percentage field. Note The ASV is based on the tax method. For more details, refer to Overview of tax in projects. Tax Amount for Additional work The total tax amount for the additional work as calculated in the Tax Breakdown Structure (tctax9141m10l) session. The amount includes both claimable and non-claimable taxes. Note This is a display field. Triggering Activity The activity that triggers the installment. / The description or name of the code. Triggering Activity Status The status of the activity that triggers the installment. Planned Invoice Date You can print the installment invoice on this date. If you enter a date, baan uses it in the Display Financial Analysis (Graph) (tppss0701m000) session and in the Performance-Measurement using EVM (Graph) (tppss0702m000) session. Otherwise, baan enters the activity or element's finish date. This depends on the Control By field in the Project (tppdm6100s000) session. Related topics To enter a date To enter a time Cost Control Period For cost control purposes, baan sends the transaction to the project history in this year. Cost Control Period For cost control purposes, you must send the transaction to the project history during this cost control period. Post to Fiscal Period The fiscal year in which the installment is planned. Fiscal Period The fiscal period in which the installment is planned. End Date Progress Invoice Period The date and time up to which you include progress in the Create Progress Invoice Installments (tppin1210m000) session. Related topics To enter a date To enter a time Points The remaining points to be invoiced. You can access this field if the Approved for Invoicing check box is selected in this session. Default value The difference between the field values for the Number of Points field and the Points Invoiced field. Note The user must not have invoiced all the points for this installment. This Installment The total amount of additional work in this installment. Approved for Invoicing The amount of additional work to invoice. If the Approved for Invoicing check box is selected, you can access this field. In addition, the user must not have invoiced the full amount of the installment. Default value This equals the difference between the values of the Installm. Amnt Add.Wrk field and Invoiced Installment Amnt Add . Work field. Note You can transfer the amount to the Sales Invoicing module using the Transfer Project Data to Central Invoicing (tppin4200m000) session. Invoiced The additional work amount currently invoiced for the installment. Note If the invoice amount is smaller than the installment amount, you can enter the initial levels of installments. Revenue Code The code that identifies the revenue. Note When you process the invoice in the Sales Invoicing module, baan sends the installment revenue to the revenue code in the project history. Revenue Code The description or name of the code. Additional Work Description Installment The description of the additional work for the installment. Approved for Invoicing If this check box is selected, you can transfer the record to the Sales Invoicing module using the Transfer Project Data to Central Invoicing (tppin4200m000) session. Note If this check box is cleared, and the Invoice Document field is zero, then the following fields are zero: Points to be Invoiced Percentage to be Invoiced Installment Amount to be Invoiced Installment Amount Add. Work to be Invoiced Total The installment amount currently invoiced for the installment. This Installment The amount in the home currency. Click Rotate Currency to see the amount in the other home currencies. Approved for Invoicing The amount in the home currency. Click Rotate Currency to see the amount in the other home currencies. Invoiced The amount in the home currency. Click Rotate Currency to see the amount in the other home currencies. Approved for Invoicing The remaining percentage to be invoiced. You can access this field if the Approved for Invoicing check box is selected and you have not invoiced the full percentage amount of this installment. Default value The difference between the field values for the Percentage field and the Invoiced Percentage field. Total The amount in the home currency. Click Rotate Currency to see the amount in the other home currencies. Approved for Invoicing The remaining installment amount to invoice. If you select the Approved for Invoicing check box, you can access this field. In addition, you must not have invoiced the full amount of the installment. baan calculates this amount based on the following settings in the Installment Type field in the Business Partner by Project (tppdm6101s000) session:
    Points Chart contract amount Amount = invoicable points *
    				------------------------ total number of points Percentage Chart Amount =
    				invoicable percentage * contract amount Fixed Amount Amount = total installment
    				amount - invoiced installment amount
Approved for Invoicing The amount in the home currency. Click Rotate Currency to see the amount in the other home currencies. Closed If this check box is selected, you can print and post an installment invoice in the Sales Invoicing module under the following conditions. If this check box is selected, you can print and post an installment invoice in the Sales Invoicing module under the following conditions: The total invoiced amount must be greater than or equal to the installment amount. The Invoice Type field in the Project (tppdm6100s000) session is set to Progress Invoice. Note If the invoiced amount is smaller than the installment amount, you can enter the initial levels of installments. Invoice Document baan enters the code of the financial company to invoice. Usually this is the company linked to the project. Invoice Document baan enters the procedure type for the transaction. Central Invoicing identifies an invoice by this field. Invoice Document baan enters a sequence number for the invoice. Central Invoicing identifies an invoice by this field. Invoiced The number of points currently invoiced for the installment. If you used the initial stage folder, you can access this field. Note To enter the number of points, you must set the Installment Type field to Points Chart in the Business Partner by Project (tppdm6101s000) session. Invoiced The percentage currently invoiced for the installment. If you used the initial stage folder, you can access this field. Note To enter the percentage, you must set the Installment Type field to Percentage Chart in the Business Partner by Project (tppdm6101s000) session. Invoiced The amount currently invoiced for the installment. Note The invoiced amount must be smaller than the installment amount. Revenue Code The code that identifies the revenue. Note The Installment Amount Add. Work to be Invoiced field must have a value. When you process the invoice in the Sales Invoicing module, baan sends the additional work revenue of the installment to the revenue code in the project history. Invoiced The amount in the home currency. Click Rotate Currency to see the amount in the other home currencies. Total inv. on Contract The total number of points currently invoiced for the installment. Total inv. on Contract The total percentage currently invoiced for the installment. Total inv. on Contract The total installment amount currently invoiced for the installment. Total inv. on Contract The amount in the home currency. Click Rotate Currency to see the amount in the other home currencies. Invoice Document baan enters the code of the financial company to invoice. Usually this is the company linked to the project. Invoice Document baan enters the procedure type for the transaction. Central Invoicing identifies an invoice by this field. Invoice Document baan enters a sequence number for the invoice. Central Invoicing identifies an invoice by this field. This Installment The number of points for this installment. You can access this field if you set the Installment Type field to Points Chart in the Business Partner by Project (tppdm6101s000) session. Default value The total number of points per project minus the points of prior installments. This Installment The percentage amount of this installment. You can access this field if you set the Installment Type field to Percentage Chart in the Business Partner by Project (tppdm6101s000) session. Default value 100% minus the total percentage of prior installments. This Installment The amount of the current installment. baan calculates this amount based on the following settings in the Installment Type field by using the Business Partner by Project (tppdm6101s000) session: Points Chart
     Amount = (number of points per installment * contract
    				amount) / total number of points per project
Percentage Chart
     Amount = percentage per installment * contract amount
Fixed Amount
     Amount = contract amount - total of the installments for
    				project
This Installment The amount in the home currency. Click Rotate Currency to see the amount in the other home currencies. Maintain Initial Stage Use this button to access the Initial Stage fields. Print Installments Starts the Print Installments (tppin4451m000) session which prints a selected range of installments. Tax Break Down Structure Starts the Tax Breakdown Structure (tctax9141m10l) session which displays the total tax amount. You can view and print the different taxes applicable and the total claimable and non-claimable taxes. Tax Break Down Structure Starts the Tax Breakdown Structure (tctax9141m10l) session which displays the total tax amount for the additional work. You can view and print the applicable taxes and the total claimable and non-claimable taxes. |