Create Contract
Explanation
Use this activity to create a contract.
Prerequisites
A company should exist.
System Effects
- A contract will be created in the Enquiry status, and you can start adding the
contract details, e.g., contract default values, lines, and items.
- A contract revision will be automatically created in the Planned status with
the revision date set to
the current date. The columns Update Allowed During Approval, Audit Trail,
Contract Change Order
Required and Change Comment Required are all not selected by default.
Window
Sales Contract
Sales Contracts
Related Window Descriptions
Sales Contract
Sales Contracts
Procedure
- In either the
Sales Contract window
or the Sales
Contracts window,
insert a new record.
- You have the option to enter a contract number. If not, this is
automatically assigned by the system.
- Enter a contract name and contract type. Use the List of Values to
select from the valid contract types.
- At least one customer or prospect must be entered in the contract header to save the contract.
The List of Values on the customer ID displays the valid customers and
prospects.
- Enter a currency. Use the List of Values to select from the valid
currency codes.
- The company will use the default global company if one exists, but the
value can be
changed. However, once the contract is saved, this field can no longer be
modified. Use the List of Values to select from the valid companies.
- Entering a value in the Site field is optional. Use the List of
Values to
select from all the allowed sites.
- Entering a value in the Contract Reference free text field is
optional. It can be entered when
creating the contract or at a later date.
- Entering a value in the Contract Manager field is optional. It can be entered when creating the
contract or at a later date. The List of Values displays all the valid persons.
- Save the contract.
Note: A lot of other information can be
entered, but it is optional. For further information on what can be entered,
see the related window descriptions.