Creating terms

You can create terms and conditions that can later be associated with a contract or purchasing record. Terms and conditions can contain information such as: liability concerns, shipping and handling details, and delivery time expectations.

Before you begin

Terms and conditions can only be added to purchasing or contracts records set at statuses in progress or waiting on approval.

Procedure

  1. In a purchasing or contract application, display the record for which you want to create a term.
  2. On the Terms and Conditions tab, click New Row.
  3. Specify the sequence and term.
  4. Optional: Select the Send to Vendor check box.
  5. Save the record.

What to do next

You can set default term and condition values according to site and contract type in the Organizations application. When you create a contract record in a contracts application, the contract inherits the default term and condition values that you assigned to the selected contract type in the Organizations application.