Create new
1. Go to the Contracts module, hover the mouse pointer over "Register new contract", and select the contract type.
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2. Complete the fields and click Save.
Counterpart/Internal
Counterpart refers to the party with whom the agreement is made – the other party to the contract. "Internal" refers to information intended for internal use within the company.
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Contract value is used for fixed-term contracts or for ongoing contracts that include a one-off cost. For fixed-term agreements, the contract value represents the contract amount. In the calculated plan, the contract value is distributed monthly over the duration of the contract. If the contract does not have a Lasts until date, the contract value is distributed over the next 12 months. Annual contract value applies to ongoing contracts and represents the annual cost of the contract. In the calculation plan, the amount is distributed monthly for the next two years, unless otherwise specified on the contract type. For ongoing contracts that include a one-off cost, the one-off cost can be added to Contract value, and the annual cost of the contract is specified in Annual contract value. |
Edit existing
To edit an existing contract, go to the contract module and click the contract you want to edit. Make the necessary changes and click save.
Price adjustment
If prices change during the contract period, a new annual value can be registered for ongoing contracts, or a residual value can be added for fixed-term contracts. To register a residual value, click Register new residual value. To add a new annual value, click Register new annual value.
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