How can we set realisation on some Project (without project module).

Question:

We set DIRECT SETTLEMENT and we don't set GUARANTEE SETTLEMENT.

CAN THIS SETTLEMENT BE SETTLED (SUBSTRACTED FROM THE WHOLE AMOUNT IN FINANCIAL PACKAGE) without REAL DELIVERY) this is our real situation.



I think - the answer is NO, but is there some WORKAROUND or ...

Thanks
Dubravko


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Baan4cIV Bisam base on AIX 4.3.3., P.Set 6.1c06.07, Service Pack 10
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h.a.n.d.

We have done this, but it may depend on parameters and integration settings.

We routinely use installment invoicing and as a general rule we have the last instalment set as guarantee "yes" but occassionaly, if the goods have to be paid before delivery for example, we set this to "no"

Our experience is that, regardless of wether the setting is yes or no, all installment invoice postings are reversed and transfered to turnover when you close the project.

NB:
In our order type steps we still have to make a "delivery" in baan at some point.

and issue a zero value invoice to complete the order steps. (obviously the customer does not need this invoice)

Thanks,
it is OK.

But, the problem for us is that we are working on our final product very long time.

We have only one sales order line - customised item which customer ordered.

In most cases, our customers pay in installments, before product is finished.

All that time we are working, and making costs on our project (material, working hours, ...)
but
in Baan we CAN'T have revenues until we make delivery of our customised item.

Help please

As I understand it
- you are not running project module
- Costs are being expensed as they occur
- Your sales invoice only becomes revenue when delivered.
- You want to generate revenue in line with costs incurred.

One work around, although not particularly tidy, might be to manually raise instalment invoices (3 sessions tfacr4100m000 + 4410m000 + 4220m000) These you can post direct to revenue. When the delivery is made and the project revenue becomes realisied you credit off the instalment invoices and scrap the delivery invoice.

It's also untidy because although you and the customer will have the same value of invoices, in your records you will have the sale twice and credited once.

It is possible that you may be able to change your parameter settings to acheive what you want but it may cause problems if you do - I will check.

Regards, P

Thanks,

It will be more easier if we ignore direct / indirect settlement and make it work thrue more sales order lines with different date on it.

We have revenues in finance dept. and we will call our lines; situation 1, situation 2 ....

Thanks,
you helped me a lot

Regards

Your welcome, although I think you worked this out for your self.

P