Implementing project contracts and contract lines
We now have a project contract in the system that relates to the quote and opportunity we worked with previously. In Figure 5.1, you'll notice that these previous documents are easily accessed with a hyperlink click, thus keeping everything front and center for your benefit.
The project contract
The project contract is a grouping of project contract lines, milestones, and roles that result in the financial impact of a project on a firm. Therefore, as shown in the following screenshot, this project contract drives all further financial activity in the system:
Figure 5.1 – The project contract header showing key fields
There are a lot of additional details that you may want to complete. Remember that you can add fields through customizations and configuration, or update existing field definitions as per your business requirements.
Project contract lines
Project contract lines are used to...
