You use the View Release Costs dialog box in the Purchase Contract application to view all of the release costs associated with a contract. The View Release Costs dialog box shows a summary of all planned and committed costs against a maximum volume, or blanket contract. The top frame of the dialog box contains cost information and the lower frame a list of all Release purchase orders (POs)against the blanket contract and the total cost. All costs display in the contract's default currency. The system calculates the Release Costs fields at the time you display them.
This dialog box is available in more than one application.
In a Contract application, display the contract for which you want to view Release Costs.
From the Select Action menu, select View Release Costs. The View Release Costs dialog box opens and displays the following information:
Total cost - The total contract cost is the maximum amount from the contract header. This value is not required on the header of the contract. If there is no value on the header, there can be unlimited releases against this contract.
Number of uncommitted releases - Uncommitted releases include all Release type PO’s that are in a status of WAPPR.
Number of committed releases - Committed releases include all Release Type PO’s against this contract that are in a status of APPR or CLOSED.
Amount remaining - This value is always the sum of the Total Cost less the Committed Costs.
Uncommitted cost - The total cost of all Release type POs in a status of WAPPR.
Amount on order - This value is the sum of all Release type PO’s with a status of APPR where Receipts Complete field is N.
Amount received - The total cost of completed PO lines receipts.
Invoice variance - This value is the sum of all matrectrans and servrectrans invoice records for all receipt lines from release POs not in a status of CANCEL for this contract.
Committed cost - This value is always the sum of the amount on order, the amount received and the invoice variance.
A list of all purchase orders released against the contract.
Note: Values always display in the contract's default currency.
Click OK to close the dialog box and return to the record.