| Business Partner by Project (tppdm6101s000) |  |
| Use this session to maintain data on the business partners for whom a project is executed. In Project, the business partner currency rate is used for all invoice transactions. The rate default is retrieved from the invoice-to business partner. Contract amounts If you work with subcontract amounts, the business partner amount is aggregated from the subamounts. Each amount is displayed in the currency of the business partner. The business partner currency rate is also used together with its exchange rate type, to calculate the contract amounts in the project currency for use in Project Progress. However, for internal project calculations (costs), the project currency entered in the Projects (tppdm6500m000) session is used. The amount approved for invoicing is displayed next to the Ceiling check box. For the Unit Rate invoicing method, the amount is updated while transferring transactions from the Project Invoicing module to Central Invoicing. For Cost Plus invoicing method, the amount is updated when the transactions are approved for invoicing. If an extension is linked to the project, the amount is updated in the Extension (tpptc0110s000) session. Related topics To use project data management Currency systems To define currency rates To use home currencies in Project To use the rate determiner
Fields | Description
Calculate Tax | If this check box is selected, the business partner is liable for VAT or sales taxes.
General
Project | The code that identifies the project.
Project | The status of the project.
Sold-to Business Partner | The sold-to business partner code.
General
Invoice-to Business Partner | The code that identifies the invoice-to business partner. Depending on the customer's business structure, this can be the same as the pay-by business partner.
Pay-by Business Partner | The code that identifies the pay-by business partner. Depending on the customer's business structure, this can or cannot be the same as the invoice-to business partner.
Invoice-to Address | The code that identifies the business partner's address.
Department | This sales office is printed on the invoice.
Bus. Partner Cost Plus/Unit Rate | If this check box is selected, invoices are sent to the cost plus or unit rate business partner. If there is more than one buy-from business partner for a project, you must specify one business partner as the cost plus or unit rate business partner. Related topics To use invoicing
Reference
First Reference | A reference text to be printed on invoices, for example, the name of a contact person or a customer reference number.
Second Reference | A reference text to be printed on invoices, for example, the name of a contact person or a customer reference number.
Internal Sales Rep | The sales representative is used as a reference with the invoice in the Transfer Project Data to Central Invoicing (tppin4200m000) session.
Project Text on Invoice | If this check box is selected, ERP LN prints attached text on invoices. You can use the Project (tppdm6100s000) session to create text for a project.
Payment
Terms of Payment for Financial Analysis (in days) | The terms of payment associated with this business partner.
Late Payment Surcharge | The late payment surcharge that applies to the business partner.
Payment Method | The payment method is used for the invoice in the Transfer Project Data to Central Invoicing (tppin4200m000) session.
Financial
Invoicing Details
Invoicing Method | By default, ERP LN shows the project invoice type of the invoicing method that is assigned to the invoice-to business partner in the Invoice-to Business Partners (tccom4112s000) session.
Invoice Discount | The discount computed on the total invoice amount. The default value is the order discount as recorded in the Sold-to Business Partners (tccom4110s000) session.
Invoice Delivery Method | A user-definable way to categorize invoices by their delivery method. ERP LN prints invoices grouped by the invoice delivery method. Per invoice delivery method, ERP LN sorts and prints the invoices within each ZIP/postal code by address. You can select a default invoice delivery method for each invoice-to business partner.
Sales Type | The default sales type. You can change the value. The field is not mandatory. Related topics Control accounts Process to Select Sales Type for Projects
Tax
Tax Classification | An attribute of order headers and order lines that you can use to define tax exceptions for the transaction. ERP LN retrieves the default tax classification from the invoice-from and invoice-to business partners. For example, you can use the tax classification to indicate: That payments to an invoice-from business partner are subject to withholding tax and social contributions To group business partners that have the same tax aspects for your company, for example, subcontractors, or agents That the tax must be paid in a country other than the sales office or service office's home country
Exempt | If this check box is selected, the tax code represents a tax exemption.
Tax Country | The tax country of the company.
Tax ID | The tax ID defined in the Tax Number of Own Company field in the General Company Data (tccom0102s000) session. This is a display field.
Tax Code | The code that identifies the tax for which the business partner is liable. This VAT code is a default code. The search path for a VAT code begins with the cost objects, if ERP LN does not find a code there, the default value for the business partner is taken. Note For Labor and Sundry Costs, you cannot enter a VAT code, so automatically the code of the business partner is used.
BP Tax Country | The country specified in the project address is considered as the business partner's tax country. ERP LN displays the address of the sold-to- business partner.
BP Tax ID | The tax ID defined in the Tax Numbers by Business Partner (tctax4100m000) session. The ID is displayed only for registered business partners.
Exempt Certificate | A certificate issued by a tax authority to a specific business, exempting them from sales tax within the tax authority's jurisdiction. When you purchase goods or services, you must provide the certificate number to your supplier to authorize them not to collect the tax.
Exempt Reason | The reason why the business partner is exempt from sales tax.
Currency
Cost Price Currency | All invoice transactions are expressed in this currency. The currency in which the business partner contract amount will be expressed. By default, this is the currency of the invoice-to business partner. Together with the rate defined by the rate determiner and the business partner exchange rate type other sales amounts are expressed in this currency.
Rate Determiner | Indicates how and when invoice amounts are calculated in the business partner currency.
Exchange Rate Type | The exchange-rate type to which you link the currency rate. The exchange rate type determines which rate is retrieved from the Currency Rates (tcmcs0108m000) session. You can only change the exchange rate type if the rate determiner is Fixed or Manually Entered.
Currency 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. The currency rate is calculated with the exchange rate type. You can only change the currency rate if the rate determiner is Fixed or Manually Entered.
    currency base amount = foreign currency amount * currency exchange rate
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.
Contract
Expected Sales Amount | The expected sales amount for the business partner.
Ceiling | If this check box is selected, the amount entered in the Contract Amount field is considered as the ceiling amount. Note This check box is displayed only for projects with invoicing type set to Cost Plus or Unit Rate, and the check box is only available if Bus. Partner Cost Plus/Unit Rate is selected.
Approved for Invoicing | The amount approved for invoicing. The field is displayed as Approved for Invoicing for Cost Plus invoicing method and is displayed as Invoiced Amount for the Unit Rate invoicing method. Note For the Unit Rate invoicing method, the amount is updated while transferring transactions from the Project Invoicing module to Central Invoicing. For the Cost Plus invoicing method, the amount is updated when the transactions are approved for invoicing.
Contract Amount | The contract amount for this business partner. By default, the contract amount is expressed in the business partner's currency. Note If the Ceiling check box is selected, the contract amount becomes the ceiling amount. This amount is the maximum that can be invoiced. If the ceiling amount is reached, ERP LN does not allow you to set the records to Approved for Invoicing.
Contract Amount | One of a company's base currencies in which ERP LN registers and reports amounts. In a multicurrency system, up to three home currencies can be defined: The local currency Two reporting currencies
Contract Amount | The contract amount in the home currency.
Currency Rate/Rate Factor | This rate is used to calculate the contract amount to the project currency in the project definition and monitoring session using the business partner exchange rate type. The rate is intended as an estimated average rate during the lifetime of the project. This rate is particularly useful in case of a rate determiner Document Date or Expected Cash Date. In these cases a specific currency rate is valid for a moment in time and can deviate from an average rate.
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.
Contract Amounts by Business Partner | If this check box is selected, the contract amount consists of one or more subamounts that were entered in the Business Partner - Contract Sub Amounts (tppdm7141m000) session. ERP LN recalculates the subamounts into a total amount with the business partner currency and its exchange rate. This amount is displayed in the Contract Amount field in the Business Partner by Project (tppdm6101s000) session. Note Start the Business Partner - Contract Sub Amounts (tppdm7141m000) session from the Specific menu in the Project - Business Partners (tppdm6501m000) overview session.
Installment Type | The installment method is subject to agreement with the business partner, and specifies the manner in which ERP LN issues invoice installments.
Number of Points | The total number of points to be distributed over the installments of this project. This field is only available if Installment Type is set to Points Chart. Example
Contract amount by customer: | $ 600,000
Number of points: 300 |
Installment 1100 points: | $ 200,000
Installment 275 points: | $150,000
Installment 375 points: | $150,000
Installment 450 points: | $100,000
--> | $ 600,000