Default effective period

You can use the default effective period to automatically calculate the effective to date on a memo.

The combination of this field and Expiry Period Type field indicates the effective period. For example, 2 weeks or 4 months.

For example, when a memo is created using a memo type with an effective duration of one week, it is displayed until the expiry date. After the expiry date has passed, the memo is only displayed through the use of the Display Expired Memos check box on the Memo Maintenance form.