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.