Refresh Contract Details on Application

Explanation

Use this activity to update the contract details on an existing application. An application for payment is created based on a contract, and the contract may be modified during the execution. During this phase, it is common that contents of contract (lines and items) are changed, and in some cases even the contract terms and conditions may have changed. When creating an application, the contents are copied and stored on the application, and if changes occur on the contract after the application has been created, the contents on the application can become obsolete. Therefore it is necessary to update the application with the latest contract details, and this can be done by refreshing the contract details on the application. 

Prerequisites

The application must be in the Planned status.

System Effects

• The application will be updated with the latest details on the contract lines and items.
• All the valuation values will be initialized as done when creating a new application. All the valuations done on this application will be lost and reset to the previous application valuation. See the Copy Previous Valuation activity for details. 

Window

Applications for Payment
Application for Payment

Related Window Descriptions

Applications for Payment
Application for Payment

Procedure

1. Select the application number to be refreshed, right-click and then click Refresh Contract Details.
2. Click OK to confirm refreshing the application.