How do I specify contractual terms?

Steps

1. Open “Contract Terms” from the menu.
2. Create a new entry.
3. Give the contractual terms a Name.
4. Pick a Contract Type, e.g., Subscription, Commission or Procurement contract.
5. If available, in the field Pricing System, enter part of the desired pricing system and click on the matching result in the drop-down list.
6. In the field Contract Transition, set a contract period.
7. In the field Invoice Rule, pick a time for invoicing, e.g., Immediate or After Delivery.
8. In the field When extending contract, pick a method to determine the prices for subsequent contracts, e.g., Calculate prices from master data or Copy prices from predecessor.
9. Complete the document.

Example