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How can I use Service Contracts?

Technical Blog Post


Abstract

How can I use Service Contracts?

Body

I would like to share an example of how to use the Service Contract. because I have not found many examples about it.

You can create a service contract with the total cost $ 58,080.00

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You could create a service line or a standard service line (Service Items application)

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Still in Draft status, you can manage the payment, I mean; you can schedule payments as follows:

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44 weeks would be approximately 10 months, so I put as a payment period from Feb 01 to Dec 05

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Approve the Contract

So you will have 10 invoices $5808.00 but you can change the value as needed.

 

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ibm11131345