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 a 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