Add Revenue Activities to Contract Line Items
Explanation
Use this activity if you need to report revenue from the
sales contract items to different activities. It is also possible to use
activities from different projects as long as the projects are within the same
company as the contract.
When submitting and certifying applications for payment
the vouchers created will be split according to the revenue activities defined.
The project invoice created will have separate invoice lines for each revenue
activity. Any item without a revenue activity will be using the default activity
defined in the
Sales Contract/Project tab.
Prerequisites
- Only activities that belong to projects entered in the
Sales Contract/Project
tab can be
added.
- Activities can be connected to or disconnected from contract line items as
long as the contract is not in the Cancelled, Closed, or Lost status.
System Effects
- The revenue activity will be connected to an item.
- Financial transactions will be split according to the revenue activities
defined if project pre-posting is enabled in posting rules.
Window
Sales Contract
Related Window Descriptions
Sales
Contract/Items/Lines/Items
Procedure
- Open the
Sales Contract window.
- Select the
Sales
Contract/Items/Lines/Items tab.
- Select the line item to which you want to add activities.
- Enter the activity sequence for the activity you want to connect to the
item or enter project, sub project and activity details sequentially by using
List of Values.
Values in all the other fields will appear automatically when the activity sequence
is entered.
- Save the changes.