Component warranty contract initialization
A component warranty contract is automatically or manually initialized, when it is applied to a specific inventory item.
Automatic Initialization
A warranty contract is automatically initialized upon inspection of an inventory item for which the vendor, last received condition and part number match those defined on the contract. The part number that is checked to automatically initialize a contract can be either the part number defined for an applicable part or a base part number defined on the warranty contract. If a warranty contract is assigned to an order line, upon inspection of the inventory item for the line, it will be automatically initialized over any other matching warranty contracts.
Manual Initialization
You can manually initialize a warranty contract on the Warranty Contract Details or Inventory Details page, for inventory for which the last received condition matches the receiving condition defined on the contract.