Award Contract
Explanation
Use this activity to award a contract. If an agreement has been reached with
the customer, the contract can be set to awarded.
It will not be possible to award any contract to a credit blocked customer
unless the credit block setting is specifically overridden on the contract.
Once the contract is awarded, you cannot modify the customer on the contract.
If
application for payments is
used, you can create applications.
The Refresh Line Item Taxes check box will be selected by default if the
Copy Contract Item Tax check box is not selected in the
Sales Contract/General tab. If the Refresh
Line
Item Taxes check box is selected when awarding the contract, the saved tax
codes, percentages and amounts will be refreshed in the contract item level,
based on the latest tax basic data of the customer. You can modify the refresh
tax code setting according to your preference.
Prerequisites
- The contract should be in the Tendered status.
- The contract revision status should be Active.
- A customer should exist on the contract.
- If the customer is credit blocked it should be overridden for the
contract.
System Effects
- The contract status will be changed to Awarded.
- The probability to win is set to 100%.
- The awarded date will be set to the current date. The date may be changed later if
needed.
- The Sales Contract/Win/Loss tab is
automatically updated with relevant information.
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 to be awarded.
- Right-click and point to
Status and then click Award.
The Win Information dialog box opens.
- Enter a value in the Reason ID field. Use the List of Values to
select from all the valid reason ID's if
needed. (The list of values will contain all reason ID's for the reason type Won.)
- Verify that the correct customer is entered or enter the correct customer
ID. Use the List of Values to select from all the available customers on the
contract.
- If you wish to have the latest tax codes and percentages in the system
applied to the contract, select the Refresh Line Item Taxes check box. If
you clear it, only the tax codes that have been saved up to now on the
contract item level will be used, and any new tax code changes will not be
applied to the contract.
- Change the value in the Award Date field on the
Sales Contract/General tab or
the Sales Contracts
window if needed.
- Enter additional information in the Note
field if needed.
- Click OK to award the contract.