| # Holdback (tppin4140m000) Use this session to view, maintain and release holdback amounts for invoicing. Note You can apply holdback to all the invoicing methods except advance payment requests. Related topics Introduction to GST Master data set-up Impact of GST on Project processes General Contract The code that uniquely identifies the contract for which holdback is defined. Description The description or name of the code. Contract Status The contract status. Contract Line The contract line number for the holdback. Contract Line Status The contract line status. Project The code that identifies the project linked to the holdback. Description The description or name of the code. Project Status The current status of the project. Sold-to Business Partner The sold-to business partner for the contract line. Description The description or name of the code. Hold Back Serial Number The code that identifies the holdback record. General Installment The code that identifies the installment linked to the holdback. Element The code that identifies the element. Description The description or name of the code. Status The work authorization status of the element. Activity The code that identifies the activity. Description The description or name of the code. Status The work authorization status of the activity. Extension The code that identifies the extension. Description The description or name of the code. Revenue Code The code that identifies the revenue. Description The description or name of the code. Description The description or name of the code. Amounts Holdback Amount The holdback amount. Currency The transaction currency. Amount in Home Currency The amount in the home currency. Currency The home currency. Rate Factor The currency exchange rate to convert the transaction currency to the displayed home currency. Rate Factor The rate factor that belongs to the displayed currency rate. Rate Defined The rate defined by the rate determiner and the business partner exchange-rate type. Planned Invoice Date The planned invoice date for the holdback. Note LN defaults the value based on the finish date for the activity or element linked to the holdback. You can modify this date. Approved for Invoicing If this check box is selected, the holdback line has been approved and you can transfer the record to the Invoicing module using the Transfer Transactions to Invoicing (tppin4200m000) session. Transferred to Invoicing If this check box is selected, the transaction is transferred to the Invoicing module. Invoice Invoice Document LN enters the code of the financial company to invoice. Usually this is the company linked to the project. Invoice Document LN enters the procedure type for the transaction. Invoicing identifies an invoice by this field. Invoice Document LN enters a sequence number for the invoice. Note Invoicing identifies an invoice by this field. 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 holdback on the invoice. Tax Code The tax code that applies to the purchase order line. Note If the country displayed in the Tax Code field uses a tax provider to calculate tax and is therefore listed in the Countries for Destination Sales Tax (tctax6103m000) session, tax countries on other purchase order lines in the same purchase order must also be registered in the Countries for Destination Sales Tax (tctax6103m000) session. The reason for this is that only the same type of tax countries are allowed on a single order. You can use a group tax code for cost en service items. The group tax code must meet the conditions of the business partner tax classification. In addition, the withholding functionality must be applicable for the financial company of the purchase order's purchase office. If the GST Implemented check box is selected in the India Localization Parameters (tccom9136m00l) session, Infor LN defaults the tax code applicable for the receiving address state. The tax code must be of type aggregate tax code. Assessable Value for VAT The assessable value of the item, based on which the VAT is calculated. Assessable Value for Service Tax The assessable value, based on which the sales tax is calculated. GST Applicable If this check box is selected, GST is applicable. Note By default this check box is selected, if the GST Implemented check box is selected in the India Localization Parameters (tccom9136m00l) session, and the specified item is not defined in the GST Exception Item List (tccom9135m00l) session. Assessable Value for GST The assessable value, in the inventory unit. Cost Plus Material You use this field if you apply the following. Holdback Cost plus (or extension, cost plus) invoicing Item line invoicing Labor You use this field if you apply the following: Holdback Cost plus (or extension, cost plus) invoicing Labor line invoicing Equipment You use this field if you apply the following: Holdback Cost plus (or extension, cost plus) invoicing Equipment line invoicing Subcontracting You use this field if you apply the following: Holdback Cost plus (or extension, cost plus) invoicing Subcontracting line invoicing Sundry Cost You use this field if you apply the following: Holdback Cost plus (or extension, cost plus) invoicing Indirect cost line invoicing Overhead You use this field if you apply the following: Holdback Cost plus (or extension, cost plus) invoicing Overhead cost line invoicing General Sequence Number LN uses this number if you select holdback for the following: Cost plus invoicing Advances Unit rate invoicing Print Holdback Starts the Print Holdback (tppin4440m000) session which prints selected range of holdback records. Approve Approves the selected holdback. Unapprove Disapproves the selected holdback. |