Contracts

When a Quote is PROCESSED, a Contract is created.

A Contract is the source of truth of the relationship between your company and your customer.

A Contract has the following key attributes:

• Account: the company associated to the Contract
• Start date
• End date
• Status
  • ACTIVE: Contract is currently in force
  • CANCELED: ____
  • PENDING: It is prior to the Contract start date. Contract will become ACTIVE on the Contract start date
  • FINISHED: the end date of the Contract has passed
• End Action
  • MANUAL_RENEW:
  • RENEW: Contract is automatically renewed
  • CANCEL: {how is this different from MANUAL_RENEW}

A Contract is kept up to date by Amendments, changes to the Contract during its lifecycle.