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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 In the calculation plan, the amount is distributed monthly for over the next two years12 months. The calculation plan displays a two-year overview, unless otherwise is 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". |
Products
If product use is enabled for the contract type, products related to the contract can be linked within the contract. To link the contract to a product, click "New product line".
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Note: When a new product line is created, an inventory transaction is generated for the product. This is only possible if sufficient inventory is available. |
Edit an existing one
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.
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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".
The calculated plan calculates the monthly amount based on new values and the date from which the new values apply.
Products
If product use is enabled for the contract type, products related to the contract can be linked within the contract. To link the contract to a product, click New product line.
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