Service Contract Renewal
In Infor LN FP5 the Service Contract Renewal functionality
is modified to enhance the service contract renewal process.
Renewals of Service Contract in FP3
Following are the features of service contract renewal
functionality in Infor LN FP3.
- Fixed renewal duration
- Renewal duration dependent on the contract duration
- No updation of contract duration and expiry date in the service
contract
- The Indexation percentage range limited to 0 to 100
Features of Renewals of Service Contract in
FP5
Following are the features of service contract renewal
functionality in Infor LN FP5:
- Renewal duration can be modified even when the service contract
status is set to Active
- Renewal duration independent of the contract
duration.
- Contract duration and expiry date can be updated in the service
contract header
- Indexation Percentage range is from -100 to +1000, to allow
negative and positive indexation