Project contracts (form) (Project Management and Accounting Add-in)

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Applies To: Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

Click Project management and accounting > Common > Projects > Project contracts. Select a project contract in the list, and then, on the Action Pane, click Edit, or create a new project contract.

Use this form to create and maintain project contracts. You can also create billing rules to invoice the customer when you have completed a part of a project, such as a unit of delivery, a specified percentage of work, or a project milestone.

When you add information about the funding sources for the project contract, you can select customer payment retention terms for a funding source that is customer-based.

Note

These controls are available only if the Project Management and Accounting Add-in is installed.

Tasks that use this form

Create a project contract to invoice for units of delivery

Create a project contract to invoice for percentage-of-completion projects

Create a project contract to invoice for milestones

Create a project contract to invoice for services plus management fees

Create a project contract to invoice for time and materials

Create a project contract to invoice for progress billings

The following tables provide descriptions for the controls in this form.

Buttons

Button

Description

Billing rule 
(On the Project contract tab, in the Set up group)

Open the Billing rules form, where you can set up the billing rules that are used to evaluate recorded costs on the project at the time of billing, and to generate a customer invoice from the unbilled project costs.

Invoice processing 
(On the Action Pane, on the Maintain tab, in the Bill group)

Open the Invoice processing form. You can use this form to create an invoice proposal for a customer. The invoice proposal is based on the funding sources and default percentages entered for services, and can include a deduction of any amounts paid in advance.

Request retained amount

Open the Request for customer retained amount form. You can use this form to create an invoice proposal to release retained invoice amounts to the customer and to review the balance of all retained amounts by funding source.

Manage contract status 
(On the Maintain tab, in the Process group)

Open the Contract status form. You can use this form to review and update the details and billing rules for the contract, such as the percentage of work completed on a project or the number of units delivered for a project.

Fields

Field

Description

Customer payment retention terms 
(On the Funding sources FastTab)

Select the customer payment retention term that applies to the selected funding source.

Note

You can select a customer payment retention term only for a funding source that has a funding type of Customer.

Invoice format

The format to use to print the invoice.

See also

Project contracts (form)

Billing rules (form)

Invoice processing (form)

Request for customer retained amount (form)

Contract status (form)

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