Converting an Opportunity to a Contract
- On the Opportunities form, select the opportunity that you want to convert.
- Click Convert To Order to open the Convert Opportunity to Order modal form.
- Select Create Contract.
-
Specify this information:
- From Contract
- Select a previous contract to use as the basis for building the structure of the new contract.
- Show Only Templates
- Description
- Optionally, specify a description of the contract.
- Status
- Open is selected by default. Optionally, select a different status.
- Terms Code
- Select a terms code. The terms code is used to identify specific billing terms that apply to the customer and to determine the transaction due date and discount information.
-
Click OK to create the new contract, and to update the opportunity with the new contract number and the date of the conversion.