Our team had thought that the new AX2012 Project Contract Funding Limits would replace the functionality of AX2009/PSA Not To Exceed (NTE) invoicing. However, it has been determined that the Project Contract Funding Limits do not replace NTEs. Instead of capping the billing amount and sending the overage to a write-off account, Funding Limits are analyzed against the sales value transaction amount during the hours, expenses and/or items transactions posting process. If the sales value of the transaction will exceed a Funding Limit, an error will occur during the posting process. There does not appear to be an over-ride option.
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