Release Call Off

Explanation

This activity is used to release a call off for the supplier. Note: It is possible to enter positive, negative and even a zero value as the call off value. If the previous call off has not been released, you will not be allowed to release the next call off. The previous unreleased call off must be released or deleted before you can release the next call off. Once the call off is released, you cannot perform any changes on the call off. However, if necessary, you can choose to revert the release of the call off, thereby reverting the status of the call off to Planned.

If a project activity is connected to a contract item, committed cost will be reported to the project when the call off for the item is released. Likewise, when the call off is unreleased, the committed cost from the call off is reduced in the connected activity. When multiple currencies are involved, all calculations to reduce the committed cost when used cost is reported are done in the transaction currency. The remaining committed cost is then converted to base currency, using the currency conversion rate valid to the system date, and updated to the project activity.

Note: The status of the contract item changes automatically to Work in Progress when the item is included in a call off that is released.

Prerequisites

System Effects