| Contract Quotations (tsctm2100m000) |  |
| Use this session to maintain service-contract quotations. Related topics To use contract quotations To use templates in contract management To use number groups and series Number groups in Service Service tax rules, tax code, and tax country Service contract changes
Fields | Description
Contract Quotation | service-contract quotation.
Search Argument | An alternative form of a description used for convenience during searching. A search key is usually an abbreviation, an acronym, or a mnemonic alternative to a full description.
Contract Type | A way of categorizing contracts based on similarities and shared characteristics. Each contract type is identified by an alphanumeric code of up to three characters.
Quotation Date | The date on which the quotation was created.
Expiry Date | The date on which the contract quotation expires.
Quotation Status | Quotation Status
Business Partner | Usually a customer's purchase department; the business partner who orders goods or services from your organization, that owns the configurations you maintain, or for whom you perform a project. Details of the agreement with the sold-to business partner can include: Default price and discount agreements. Sales order defaults. Terms of delivery. The related ship-to and invoice-to business partner.
Sold-to Business Partner | The business partner's name.
Address | The address code.
Address | The street name in the address.
Address | The house number.
Address | The city in the address.
Contact | The contact person who deals with the quotation in the business partner's organization.
First Invoice Reference | The reference by which the sold-to business partner identifies the purchase order. This reference is printed on the service contract or quotation.
Second Invoice Reference | A user-definable reference to be printed on the quotation.
Quotation Text | If this check box is selected, the quotation has an associated text that you can view by clicking the Text button.
Contract Quotation | The code of the service-contract quotation.
Service Office | 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.
Sales Rep. | The sales representative responsible for this contract quotation.
Line of Business | A group of customers, suppliers, or employees that work in the same business sector. Lines of business can be used as selection criteria when generating reports or inquiries of statistical and historical data.
Sales Price List | The highest level used to record prices and discounts for a group of customers and/or suppliers. The price and discount can be determined by linking a price list code to a sales order.
Success Percentage | A percentage indicating the probability the quotation will be accepted by the business partner.
Success/ Failure | Indicates the reason for the business partner's acceptance or rejection of the quotation.
Header Text | If this check box is selected, the quotation has an associated header text that appears on the top of each page.
Tax Classification | An attribute of order header and order lines that you can use to define tax exceptions for the transactions. ERP LN retrieves the default tax classification from the invoice-from and invoice-to business partners. Important! For example, you can use the tax classification to indicate the following: Payment to an invoice-to business partner is subject to withholding tax and social contributions. Business partners that have the same tax aspects for your company must be grouped, for example, by subcontractors or agents. Tax must be paid in a country other than the sales office or service office’s home country.
Tax Classification | The description or name of the code.
Tax Classification | The description or name of the code.
Exempt Certificate | The tax exemption certificate number.
Exempt Reason | The reason why the sold-to business partner or your company is exempt from sales tax. You can link a text to the reason code for a purchase tax exemption for a tax code and country combination in the Tax Exemptions for Purchasing (tsmcs 1560m000) session. ERP LN prints the text on orders and invoices. You can link several tax exempt reasons with various texts to a single tax code by country combination. If you use a tax provider, you must define tax exemption reasons. ERP LN prints the exempt reasons on the sales invoices.
Footer Text | If this check box is selected, the quotation has an associated footer text that appears on the bottom of each page.
Calculated | The sales amount of the contract quotation calculated based on the related coverage terms, cost terms, and configuration lines.
Sales Amount | The calculated sales amount can be altered resulting in the total sales amount of the contract quotation.
Cost Amount | The cost amount of the contract quotation calculated based on the related coverage terms, cost terms, and configuration lines.
Cost Amount | A generally accepted medium of exchange (such as: coins, treasury notes, and banknotes). ERP LN distinguishes two currency types: Home currency, used internally by companies for example, to calculate costs, to record budgets, and to register tax amounts Transaction currency, used in transactions with business partners, such as orders and invoices
Gross Margin | The gross margin (GM) expressed as a percentage.
Contract Quotation | The code of the service-contract quotation.
Business Partner | The business partner to which you send invoices. This usually represents a customer's accounts payable department. The definition includes the default currency and exchange rate, invoicing method and frequency, information about the customer's credit limit, the terms and method of payment, and the related pay-by business partner.
Address | The invoice-to address code.
Contact | The contact person in the business partner's organization, who deals with invoices related to the quotation.
Installment Template | A template specifying an invoice method, the interval between two installments, the installment variant and the method in which the number of financial periods of an installment should be specified. The template can be used in contract quotations and service contracts.
Terms of Payment | Agreements about the way in which invoices are paid. The terms of payment include: The period within which invoices must be paid. The discount granted if an invoice is paid within a given period The terms of payment allow you to calculate: The date on which the payment is due The date on which the discount periods expire The discount amount
Late Payment Surcharge | The percentage that is charged over the goods amount or over rendered services that the recipient of the invoice must pay if the bill is not paid within a specified period.
Installment Text | If this check box is selected, the contract quotation has an associated installment text. This text is printed on all installments of the derived service contract.
Contract Quotation | The code of the service-contract quotation.
Currency | The currency, which is specified in the service-contract quotation.
Exchange Rate Type | A way to group currency exchange rates. You can assign different currency exchange rates to different invoice-to business partners and/or to different types of transactions (purchase, sales, and so on).
Rate Determiner | The method to decide which date is used to determine the exchange rates. During the composing process, all amounts in foreign currencies are converted to the home currency, based on the determined exchange rate.
Rate/Rate Factor | The factor by which an amount in a different currency is multiplied to calculate the amount in the currency base.
Rate/Rate Factor | The factor by which the amount in the transaction currency or the invoice currency is divided before ERP 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.
Rate/Rate Factor | The rate for one currency base-unit.
Obsolete | If this check box is selected, taxes are applicable to the contract installments. The tax country and the applicable tax code must be specified. Related topics Service tax rules, tax code, and tax country
Tax Country | The country in which you must pay/report the value-added tax (VAT). The tax country can be different from the country where services or goods are delivered. Default value If the tax code is taken from the location address, the country of the location address. Otherwise, the country of the sold-to BP address.
Tax Code | The tax code for the tax country. ERP LN determines the default tax code as follows: If destination sales tax is applicable, the tax rules will be consulted based on: Sold-to business partner. Location address. If no tax code is found, the tax rules will be consulted again based on: Sold-to business partner. Sold-to-address. If no tax code is found, or if the destination sales tax is not applicable, the tax code as specified for the related service department will be used. Note If the Obsolete check box is not selected, this field is cleared and inactive. Only tax codes listed in the Tax Codes by Country (tcmcs0536m000) session for the country you selected in the Tax Country field are permitted. Related topics Service tax rules, tax code, and tax country
Business Partner | The business partner from which you receive payments. This usually represents a customer's accounts payable department. The definition includes the default currency and exchange rate, the customer's bank relation, the type of reminders you send to the business partner, and the frequency of sending reminders.
Address | The business partner's address code.
Contact | The contact person in the pay-by business partner's organization.
Contract Quotation | The code of the service-contract quotation.
Duration | The duration of the service-contract quotation. Note If terms are linked to the service-contract quotation, you can no longer change this field.
Duration | The time units in which the duration is measured. Note If terms are linked to the service-contract quotation, you cannot change this field.
Effective Date of Current Contract | The effective date of the derived service contract.
Expiry Date | The expiry date of the derived service contract.
Pricing Method | The method indicating how the contract price is determined. The following pricing methods are available: Sales Value of Configuration Budgeted Service Costs Cluster/Item Pricing
Percentage of Sales Value | If the pricing method used is Sales Value of Configuration, a percentage value is required. Note This percentage value must be greater than zero.
Overtime | If this check box is selected, you can use overtime in the service contract's implementation.
Service Contract | The number of the contract derived from this quotation.
Contract Quotation | The code of the service-contract quotation.
Contract Renewal | 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 | The period unit of the renewal period. Note The renewal period is applicable and mandatory only if the Contract Renewal check box is selected.
Price Indexation | If this check box is selected, indexation applies to the service contract. Related topics Service contract changes
Indexation Start Date | The effective date for the indexation.
Indexation Interval | 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.
Indexation Interval | The period unit of the indexation period.
Indexation Percentage | The percentage to be used for the indexation.
Incidental changes | If this check box is selected, incidental changes apply to the service contract. Related topics Service contract changes
Calculated | The currency, which is specified in the service-contract quotation.
Penalty | 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 | 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.
Revenue Recognition Based on | Revenue Recognition method
Commands | Description
Configuration Lines | Starts the Contract Quotation Configuration Lines (tsctm1110m200) session.
Coverage Terms | Starts the Contract Quotation Coverage Terms (tsctm1120m200) session.
Approval | Use this command to change the status of the service contract quotation to Free, Accepted (for Contract), or Canceled. Note This command is enabled when the status of the service contract quotation is Printed.
Correction | Use this command to set the status of the service contract quotation to Free, Accepted (for Contract), or Canceled. Note This command is enabled when the status of the service contract quotation is Accepted (for Contract), or Canceled.
Process Quotation To... | Starts the Process Quotation to Contract (tsctm2200m000) session.
Move Service Contract Quotations to History | Starts the Move Service Contract Quotations to History (tsctm2280m000) session.