Using contract options
Contract options allow you to manage changes to a contract throughout its lifecycle. By applying contract options, you can:
• Renew a contract
• Shorten a contract
• Terminate a contract
 | You can also terminate a contract by setting its status to Terminated. For more information, see Terminating a contract. |
In addition to the above-mentioned contract options, Planon also supports general contract options. You can use these to add your own contract options.
You can view and maintain the history of contract options at the > selection step. For more information, see Maintaining a contract’s history.
Identifying active contract options
Planon provides two fields on the contract that help you identify active contract options:
• Active contract options, which displays the contract options that are currently active.
• Number of active options, which displays the number of contract options with the status Active.
Together, these fields provide an at-a-glance overview of the active options associated with a contract and can be used in lists and filters to quickly identify relevant contracts.
Archiving contract options
To keep your list of contract options organized, you can archive options that are no longer active. Archived contract options are hidden from the active list but remain available for historical and audit purposes. Contract options can be archived only when they have a final status: Applied, Abandoned, or Canceled.