You can create terms and conditions that can later be associated
with a contract or purchasing record. Terms and conditions can contain
information such as: liability concerns, shipping and handling details,
and delivery time expectations.
Before you begin
Terms and conditions can only be added to purchasing or
contracts records set at statuses in progress or waiting on approval.
Procedure
- In a purchasing or contract application, display the record
for which you want to create a term.
- On the Terms and Conditions tab,
click New Row.
- Specify the sequence and term.
- Optional: Select the Send to Vendor check
box.
- Save the record.
What to do next
You can set default term and condition values according to
site and contract type in the Organizations application. When you
create a contract record in a contracts application, the contract
inherits the default term and condition values that you assigned to
the selected contract type in the Organizations application.