Transitioning a contract to draft status

For contracts that need to be changed or updated, you can transition the contract to a draft status. If the contract is in a Released, Negotiation, Final Approval, or Ready To Activate state, you can disapprove the contract, enter a reason code and comment, and make the necessary changes or updates.

To transition a contract to draft status

Access Contract Management > In Progress tab.
Select a contract (with a Released, Negotiation, Final Approval, or Ready To Activate status) that you want to transition to a draft status.
From the Actions menu, select Disapprove.
Use the following guidelines to enter field values:

Action Reason

Required. Select a reason for why the contract was disapproved.

Action Comment

Required. Type a comment to further explain the action reason.
Click OK.