You can use the Create Contract action
to create a contract from a purchase order, purchase requisition,
request for quotation, or an invoice. You can create contracts based
on the information contained on records in the purchasing module applications.
Procedure
- In a purchasing application, display the record from which
you want to create a contract.
- Select the Create Contract action.
- In the Contract field, enter an
identifier for the contract.
- In the Contract Type field, enter
a value to identify the type of contract that you want to create.
- Click OK.
Results
The asset management system creates a contract record that
you can now access in a contracts application.