IFS Projects - Sales Contract Management

ABOUT THE COURSE

This course is one of the courses towards gaining the IFS Certified Specialist - Functional accreditation. It enables students to cover and prepare for all of the topics for the Sales Contract Management exam.

Target Audience

Those who need to identify and state the essential decisions to be made, basic data and processes to use Sales Contracts in support of IFS Project Management in IFS Applications™.
  1. Introduction to Sales Contract Management
  2. Create Sales Contract
  3. Activate Sales Contract
  4. Modify Sales Contract
  5. Prepare Application for Payment
  6. Process Application for Payment
  7. Analyze Sales Contract
  8. Retentions, Discounts, Deductions
  9. Cost Plus and Markups
  10. Multiple Currencies
  11. Change Contracts for Sales Contracting
  12. Other Sales Contract Functionality

At the end of this course, the students will be able to:

  • Understand benefits and uses of Sales Contracts
  • Create Sales Contracts
  • Develop and Activate Sales Contracts
  • Modify Sales Contracts
  • Prepare Applications for Payment
  • Process Applications for Payment through invoicing
  • Analyze Sales Contracts
  • Use Retentions, Discounts and Deductions with Sales Contracts
  • Handle Cost Plus Contracts with Mark-ups
  • Use Multiple Currencies on Sales Contracts
  • Be familiar with all other Sales Contract functionality

Knowledge: Basic knowledge of the Project and Sales Contract Management business processes

Courses: IFS Fundamentals, IFS Project Management

Exams: IFS Fundamentals (recommended)

Inquire

IFS Academy Inquiry Text

Track:

  • Consultants

IFS Applications Version:

  • IFS Applications 10

Certification:

  • Specialist

Module:

  • IFS Projects

Course ID:

CS10PMSAL

Duration:

1