Manually changing a contract status
Various statuses can be assigned to contracts. The possible status transitions available for a contract depend on the current contract status.
• Every contract added is automatically assigned the In preparation status.
• A contract’s status changes automatically from Active to Renewed as soon as an option for renewal is applied.
• A contract’s status changes to Terminated as soon as an option for termination is applied.
• If a contract is not terminated by either party before its end date, its status can be manually set to Expired once the end date is reached. If you set a contract’s status to Expired, any linked active contract lines are automatically assigned the Expired status.
For details on contract options, see Using contract options.
 | A contract status can only be changed if the reference date is active. For details on using reference dates, see Reference date. You can also set individual contract lines to Expired. |
The procedure to manually change a contract’s status is as follows.
Procedure
1. At the Contracts selection level, click the contract(s) whose status you want to change.
| | To change the status of several contracts simultaneously, use the Action on selection option. |
| | For details on using the Action on selection option, see the Fundamentals documentation. |
The available status transitions are displayed on the Status transitions action menu.
2. On the Status transitions action menu, click the required status.
The status will be changed. The System status field is automatically populated with the new contract status.
| | Activating a contract by clicking the Active status causes the contract to become active from the contract’s date effective, irrespective of the reference date. Once you have activated a contract (line), the data fields become read-only. For details on modifying the data of an active contract (line), see Modifying contract (line) data. |
 | You can only activate a contract if either the Customer or the Accepting contracting party field is populated. |