Service Contract Line Fields
Here is a description of the fields on a service contract line.
Key: * – Mandatory field; R – Read-only ; F – If the service contract to which the line belongs is a flexible term service contract See Flex Contract, you can enter a different number of terms for each service contract line on that service contract. This means that each line can start and end on different dates; S – only exists if SCM Service Contracts is installed on your organization.
Field | Description | |
---|---|---|
Billed Through | Date up to which the customer has been billed for the contract line. The date is determined by the date of the last invoice after the billing engine runs. | |
Contract Gross Profit | Total Contract Value minus Total Contract Cost. | |
Delivery Method | Determines the means by which the item is to be delivered. The value of this field can be included on an invoice for tax calculation purposes. | |
Last Invoice Date | Date on which the last invoice was generated. | |
Last Invoice Generation | Last date on which the billing engine ran and created an invoice for the contract line. | |
Monthly Recurring Revenue | Monthly revenue for the service contract line. This is calculated by subtracting the Annual Contract Value from the Total Contract Value and dividing the result by 12. | |
Next Invoice Date | Next date on which an invoice is to be generated. If the Next Invoice Date field on a flexible term service contract line contains a date, this is the date that is used to determine whether the line appears on an invoice when the billing engine runs. If the Next Invoice Date field on a flexible term service contract line is empty when the billing engine runs, the service contract line start date is used to determine whether that line appears on an invoice. | |
Next Invoice Generation | Next date on which the billing engine is to run and create an invoice for the contract. | |
Price Type | The price type that the selected service contract line item is assigned to. | |
Product or Service | * | The item master The record of a product or a service which is to be sold and/or stocked in a warehouse. An item master might also be referred to as a Stock Keeping Unit (SKU). to which the service contract line relates. You must enter an item master in this field to create a service contract line. |
Product or Service Description | Description of the product or service from the item master. | |
Quantity | Number of the item included on the service contract line. | |
RC Terms | Number of days or months that make up the a single contract term. For instance, if the Service Term is Annual, the value of this field is 12. This indicates that a single contract term is 12 months. | |
Remaining Contract Value | Remaining value of the contract to be billed. | |
Service Contract | The service contract to which the service contract line relates. | |
Service Contract Line Active Date | Date on which the service contract associated with this contract line was activated. | |
Service Contract Line Approved Date | Date on which the service contract associated with this contract line was approved. | |
Service Contract Line End Date | F | End date of the service contract line. If the service contract to which the line belongs is not a flexible term service contract, this date is set to the Service Contract End Date of that service contract. |
Service Contract Line Name | ID of the service contract line. | |
Service Contract Line Start Date | F | Start date of the service contract line. If the service contract to which the line belongs is not a flexible term service contract, this date is set to the Service Contract Start Date of that service contract. |
Service Term | F | Service term record that determines the number of days or months in one service term for this service contract line. |
Status | Status of the service contract line. | |
Supplier Site | Supplier site from which to source the item | |
Terms | F | The number of service terms applied to this service contract line. |
Total Additional Charges | Total additional charges applied to the service contract line. | |
Total Contract Cost | Total cost of the contract line. This replaces the previous Total Contract Cost field. | |
Total Contract Value | Total contract value of the line with options and changes incorporated. This replaces the previous Total Contract Value field. | |
Total Contract Value After Waived Terms | Total Contract Value minus Waived Term Fees. | |
Total RC Base Fees x Terms | This field is used in service contract calculations. The formula for this field is: (RC Ext. * RC Terms) * Terms . |
|
Total RC Option Fees x Terms | This field is used in service contract calculations. The formula for this field is: (RC Total Option * RC Terms) * Terms . |
|
Total RC Discount Fees x Terms | This field is used in service contract calculations. The formula for this field is: ((Ext. RC with Options - Ext. RC with Options After Discounts) * RC Terms) * Terms . |
|
Deprecated Total Contract Cost | This field is no longer used. | |
Deprecated Total Contract Value | This field is no longer used. | |
Warehouse | Enables you to specify a ship from address for taxation purposes. The default value is set from the Warehouse field on the parent service contract. |
Recurring Fees
Here is a description of the fields associated with recurring fees on a service contract line.
Field | Description | |
---|---|---|
First Term RC Discount | Amount of discount applied to the first recurring service term. | |
Last Term RC Discount | The amount of discount applied to the last recurring service term. | |
RC After Discount | RC Base after discounts applied including those on change request lines. | |
RC Recurring Contract Base | The recurring base fees to charge to the customer. | |
RC Discounted % | Percentage discount applied to the RC Base including change request lines. | |
RC Ext. Used in SCM as an abbreviation of the word extended. In SCM, the term extended is used to represent an amount that represents the quantity of the items on a line such as a customer quotation line. | Total recurring extended cost to the customer before any discount is applied. | |
RC Ext. After Discount | Total recurring extended cost to the customer after the discounts are applied. | |
RC Options After Discounts | Current recurring fees for options after discounts. This incorporates the change request lines. | |
RC w/Options | RC Base plus RC Ext from the service contract line options including change request lines. | |
RC w/Options After Discounts | RC Base plus RC Ext from the service contract line options including change request lines minus discounts. | |
RC Discounted | Amount of recurring discount applied to the RC Base including change request lines. | |
RC Option | Current recurring fees from the RC Ext field on service contract line options including those on change request lines. | |
Term Value | Value of the service contract line for a single term. | |
Total First Term RC Contract Value | Total recurring fees minus discounts for the first service term. | |
Total Last Term RC Contract Value | The total recurring fees minus discounts for the last service term. |
Non Recurring Fees
Here is a description of the fields associated with non recurring fees on a service contract line.
Field | Description | |
---|---|---|
NRC After Discount | NRC Base after discounts applied including those on change request lines. | |
NRC Non Recurring Contract Base | The non recurring base fees to charge to the customer. | |
NRC Contract Value | Current non recurring contract value including change request lines. | |
NRC Discounted % | Percentage discount applied to the NRC Base including change request lines. | |
NRC Ext. Used in SCM as an abbreviation of the word extended. In SCM, the term extended is used to represent an amount that represents the quantity of the items on a line such as a customer quotation line. | Total non recurring extended cost to the customer before any discount is applied. | |
NRC Ext. After Discount | Total non recurring extended cost to the customer after the discounts are applied. | |
NRC Invoiced | Non recurring amount invoiced. | |
NRC Options After Discounts | Current non recurring fees for options after discounts. This incorporates the change request lines. | |
NRC Options Invoiced | Current non recurring fees on service contract line options billed to date. | |
NRC w/Options | NRC Base plus NRC Ext from the service contract line options including change request lines. | |
NRC w/Options After Discounts | NRC Base plus NRC Ext from the service contract line options including change request lines minus discounts. | |
NRC Discounted | Amount of non recurring discount applied to the NRC Base including change request lines. | |
NRC Options | Current non recurring fees from the NRC Ext field on service contract line options including those on change request lines. | |
NRC Type | Indicates whether the non recurring fees on the service contract line are for time or material. | |
Total NRC Invoiced | Current non recurring fees billed to date including those on service contract line options. | |
Total NRC Not Invoiced | Current non recurring fees which have not yet been billed including those on service contract line options. |
Contract Line Cost
Here is a description of the fields associated with service contract costs on a service contract line.
Field | Description | |
---|---|---|
Item Cost | Current Supplier price for the item. | |
NRC Total Option Cost | Total non recurring item cost for all service contract line options. | |
Item Cost W/Options | Total non recurring item cost for all service contract line options. | |
Ext. Item Cost | Extended item cost. The quantity multiplied by the non recurring item cost for each contract line option. | |
RC Cost | Recurring Cost | |
RC Total Option Cost | Total recurring item cost for all service contract line options. | |
RC Cost W/Options | Total recurring item cost for all service contract line options. | |
Term Cost | The quantity multiplied by the recurring cost multiplied by the service term breakdown value, which is a number of months or days. | |
Total First RC Term Cost | Total recurring costs for all options in the first term of the contract. | |
Total Last RC Term Cost | Total recurring costs for all options in the last term of the contract. | |
Deprecated Ext. Term Cost | This field is no longer used. |