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

1. Open the Sales Contract window.
2. Select the Sales Contract/Items/Lines/Items tab.
3. Select the line item to which you want to add activities.
4. 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.
5. Save the changes.