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Exact Financials   
 

Maintain: Project installment

[Project: Projects, Invoicing, Create installments]

Project

Select the project for which you want to create installments. You can only select the projects to which you have linked an invoice group with the invoicing method {Installments} or {Installments with final invoice}.

Debtor

Select the debtor for which you want to create installments.  By default, the debtor is selected based on the settings that you have defined in [Project: Projects, Master data, Maintenance, Project master cards] on 'Debtors' tab. 

Inovice group

Select the invoice group for which you want to create installments.  By default, the invoice group is selected based on the settings that you have defined in [Project: Projects, Master data, Maintenance, Project master cards] on 'Debtors' tab. 

Amount

The total amount from the created installment lines will be summed up and be displayed here.  If the total amount is greater than the amount shown in 'Contract amount', an alert message will be displayed. 

Contract amount

By default, this is pre-defined in [Project: Projects, Master data, Maintenance, Project master cards] on the 'Debtors' tab for the selected project. 

Project cost category

Select the project cost category of the type {Direct} or {None} only.  This setting is enabled only when you have linked to an invoice group with the invoicing method of {Installments with final invoice}. 

Cost center

Select the cost center that you want to allocate the revenue to.  This setting is enabled only when you have linked to an invoice group with the invoicing method of {Installments with final invoice}. 

Matrix for data entry

Click the 'Add' button to enter a new installment line or 'Delete' button to delete the existing installment line.  

Year

The default financial year entered in the financial settings in Exact Finance is suggested here. However, you can change to another year.

Period

Enter the period for which you want to create the installments.

Description

Enter a description of the part of the project that you want to complete in this installment.

Cost category

The cost category you have linked to the project is suggested here.  However, you can change it to another cost category of the type {Direct} or {None}.

Cost center

The cost center you have linked to the project is suggested here.  However, you can change it to another cost center that you want to allocate the revenue to.

Percentage ready 

Enter the percentage of the project that should be completed before this installment is invoiced. You can only enter data in this field, if you have selected {Percentage ready} or {Both} in 'Selection method' for the invoice group that linked to the project in which you are creating installments.

Date to be invoiced 

Enter the date on which this installment should be invoiced to customer.  You can only enter data in this field, if you have selected {Date} or {Both} in 'Selection method' for the invoice group that linked to the project in which you are creating installments.

Percentage installment

Enter the percentage of the amount that should be invoiced in this installment.

Amount

Enter the installment amount that should be paid for this installment.

Text

Enter any text as remarks, if necessary. 


Project Manual > Contents > Invoicing projects > Creating installments > [Project: Projects, Invoicing, Create installments]

     
 Main Category: Support Product Know How  Document Type: Online help main
 Category: On-line help files  Security  level: All - 0
 Sub category: Details  Document ID: 17.991.528
 Assortment:  Date: 27-11-2008
 Release:  Attachment:
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