Contract Statuses

The status of a contract indicates how it can be used. When you create a new contract, the system sets the Status field to draft (DRAFT).

Change Rules

Statuses

The statuses for a contract are listed below:

  1. APPR —The contract is approved. From this status, you can change the status to canceled (CAN), closed (CLOSE),  suspended (SUSPND), or expired (EXPIRED).

  2. CAN — The contract is canceled or terminated. You cannot modify anything on the contract.

  3. CLOSE — The contract is closed. All terms and conditions are met. You cannot modify anything on the contract.

  4. DRAFT — The contract is a draft. In this status you can edit everything according to the properties for this type of contract. From this status, you can change to Waiting on Approval (WAPPR), APPR, CLOSE or CAN.

  5. EXPIRED — The contract is expired. The end date for the contract has passed. You cannot modify anything on a contract in this status. You can change the status from expire to pending revision by creating a revision against the expired contract.

  6. PNDREV — The contract is a new revision of an existing contract. This is similar to draft, but you can only edit specified fields.

  7. REVISED — The contract is revised. The system applies a Revised status when a more current revision is approved. You cannot modify anything on this contract or change the status to any other status.

  8. SUSPND — The contract is suspended. You cannot modify anything on the contract except change the status to APPR, CAN or CLOSE.

See Also

Change the Status of a List of Contracts

Contract Revisions