Create Sub Contract
Explanation
This activity is used to create a sub contract. When creating a sub contract,
enter values in the Contract Name and Contract Type fields. For
Company and Currency fields, user's default
company and its currency will be automatically fetched, but can be changed if
necessary.
Prerequisites
- A sub contract type must exist.
- Currencies must exist.
- A sub contract is created for a specific company. Therefore, a company
must have been defined.
System Effects
- A sub contract is created in the Planned status, and other sub
contract details can be added as required.
- A sub contract revision is automatically generated in the Planned
status, and the Revision Date is automatically set to the system
date.
- By default, the Update Allowed During Approval, Audit Trail,
Contract Change Order Required and Change Comment Required
are set to No in the sub contract revision.