To use terms in contract management

Terms contain the details of the agreements between the business partners

You can define terms and conditions for the following:

  • A service-contract template
  • A service-contract quotation
  • A service contract
  • A service-order quotation
  • A warranty

For example, you must define a greater number of terms for a service contract than for a warranty.

A set of terms has the same overall structure. The elements are inserted as required.

The levels in a set of terms are:

  • Header
  • Configuration lines
  • Coverage terms
  • Cost terms