Description
The PROJECTCOMMITTEDOPENAMOUNT function returns the current committed open amount of one or more projects and tasks.
Syntax
PROJECTCOMMITTEDOPENAMOUNT(Connection, Project, Task,
AccountGroup, CostCode, InventoryItem, UseProjectCurrency)
The PROJECTCOMMITTEDOPENAMOUNT function uses the following parameters (see our article on Filtering Velixo functions):
Parameter | Required/Optional | Description |
Connection | Required | The name of the connection as configured in the Connection Manager |
Project | Required | The Project(s) to include |
Task | Optional | The Task(s) to include |
AccountGroup | Optional | The Account Group(s) to include |
CostCode | Optional | The Cost Code(s) to include |
InventoryItem | Optional | The Inventory Item(s) to include |
UseProjectCurrency | Optional | TRUE/FALSE value indicating if the amount should be returned in the project's currency (default = FALSE) |
Example
=PROJECTCOMMITTEDOPENAMOUNT("Demo","2017CU01", "02", "SUB",
"02450", "<N/A>", TRUE)
Description
Calculates the committed open amount task 02 in project 2017CU01 (filtered by the specified AccountGroup, CostCode, and InventoryItem) and returns the value in the project's defined currency
Result
37000
Applies to
PM Module
Note on how Acumatica computes the Committed Open Amount:
The list of commitments can be viewed on the Commitments page (PM306000). The original commitment amount is displayed in the Original Committed Amount column and the actual commitment amount is shown in the Revised Committed Amount column of each line.
When a purchase order is received, the system updates the Committed Received Quantity and reduces the Committed Open Amount of the commitment line:
Committed Open Amount = Committed Open Amount −
Revised Committed Amount * Committed Received Quantity / Revised Committed
Quantity.
If a purchase order is cancelled or has been partially received, the incomplete amounts are subtracted from the Committed Open Amount. After a purchase order has been closed, the Committed Open Amount becomes zero.