Change Contract Status to Lost
Explanation
Use this activity to change the status of a contract to Lost. If an agreement
has not been reached with the customer, or a competitor wins the contract, the
contract is considered as lost.
Prerequisites
The contract must be in the Tendered status.
System Effects
- The contract status will be changed to Lost.
- The probability to win will be set to 0%
- The Lost date will be set to the current date. The date may be changed later if
needed.
-
The
Sales Contract/Win/Loss tab will be updated.
Window
Sales Contract
Sales Contracts
Related Window Descriptions
Sales Contract
Sales Contracts
Sales Contract/Win/Loss
Procedure
- In either the
Sales Contract
or the
Sales Contracts window, select the
contract which has been lost.
- Right-click, point to
Status and then click Lost Contract. The
Lost information dialog box
opens.
- Enter the competitor to whom the contract was lost in the
Lost To field.
Use the
List of Values to select from all the competitors.
- Enter a value in the Reason ID field. Use the List of Values
to select from the valid reason IDs for the reason type Lost.
- Additional information can be entered into the
Lost Note field
if required.
- Click OK to confirm.