Closing contracts

When you close a contract, the contract is removed from the In Process tab and cannot be reopened or updated.

  1. Select Contracts > Contracts.
  2. On the In Process tab, right-click a contract and select Close Contract.

    Before a contract can be closed, you must close each purchase order line that is associated with the contract in Purchasing.

  3. Specify this information:
    Reason Code
    Select a reason that the contract is being closed.
    Action Comments
    Specify a comment to further explain the reason code.
  4. Click Ok.

    A warning message is displayed.

  5. Click Yes to close the contract.