| # Price Fluctuation Settlements by Project (tpppc3120s000) Use this session to link a price fluctuation settlement to a project. In this way you can settle the price or labor rate fluctuations of a particular project. For this particular project, the percentage of the contract related to the special fluctuation settlement is also recorded in this session. Related topics To use extensions Project The code that identifies the project. Project The project status. Fluctuation Settlement Code You can use a fluctuation settlement to settle the influence of price and labor rate fluctuations with the principal on the basis of index figures. In the fluctuation settlement the settlement method is determined as well. Fluctuation Settlement Method The method to be used for fluctuation settlement. The default value is the value that is recorded for the selected fluctuation settlement using the Price Fluctuation Settlements (tppdm0157m000) session. Note The method of fluctuation settlement for the amount to be settled. % of Contract Amount The percentage of the contract amount for the fluctuation settlement. Reference Date The reference date used to compute the index value. This date is compared with the start dates recorded in the Price Fluctuation Settlement Indices (tppdm0158m000) session. Each start date (and indirectly all dates between two successive start dates) is assigned an index value. In case of a settlement, the index value for the period of the reference date is relevant for the selected fluctuation settlement. Element You can enter an element. You can enter an element only if: The control budget is based on elements. The budget status of the selected element is Actual or Final The cost control levels in the Project - Cost Control Levels (tppdm6102m000) session are selected Activity You can enter an activity. You can enter an activity only if: The control budget is based on activities. The status is not Free. Extension The status of the selected extension cannot be Free and the extension type must be Fluctuation Settlement. Sundry Cost The sundry costs code must be a standard or project sundry cost code. Production Finish Date The date on which the project is finished and the fluctuation settlement, based on the final installment, takes place. This applies only if the Invoice Type field in the Project (tppdm6100s000) session is Progress Invoice. You can access this field only if the Fluctuation Settlement Method field is set to Progress. If a fluctuation settlement is created, ERP LN compares this date with the last progress date. This comparison determines whether the settlement must be based on a final installment. If the settlement method is Installment, the value for the Production Finish Date is zero. Settled 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 Settled Amount The amount already settled for the fluctuation settlement. Settled Amount The home currency for the sales amount. Settled Amount The home currency for the sales amount. Currency Rate/Rate Factor The rate. Currency Rate/Rate Factor The rate factor. Incl. Additional Work If this check box is selected, additional work posted to the selected project is included in the calculation of the amount to be settled. Additional work costs are booked under the extension type variations. If this check box is cleared, the additional work posted to the selected project is not included in the calculation of the amount to be settled. If the settlement method is Installment, the value for additional work is No. Note For each project, the additional work can be included in the fluctuation settlement if the Invoice Type field in the Project (tppdm6100s000) session is set to Progress Invoice. You can access this field only if the Fluctuation Settlement Method field is set to Progress. The default value is the value entered for the fluctuation settlement using the Price Fluctuation Settlements (tppdm0157m000) session. |