Contract Overview

A contract defines the scope of work for the project both financially and physically. A contract owns project invoices and expenses and is where orders and services are defined. A Project can have many Contracts.

Details

Contract Type (required)

The type of Contract. The available options are as follows:

Subject To

A "subject to" or "contingent" contract is a legally binding agreement where the fulfillment of the contract—the final sale or performance of duties—is dependent on one or more conditions being met. These conditions (contingencies) are future, uncertain events that, if not satisfied, allow one or both parties to walk away from the deal without legal penalty.

This type of contract signifies a real contract is coming in the future. No financials or orders can be entered in this type of Contract.

Retail / Service

This is the most common type of contract and should be used for any type of Retail or billable Service work.

Insurance Proceeds

This type should be used if the Project is an "insurance proceeds" type of project.

Warranty

This type should be used if the type of work is strictly warranty or non-billable service work.

Contract Name /# (required)

This is a friendly user readable name for the contract. This is typically defaulted.

Contract Date (required)

This date should match the date of the signed Contract by the customer.

Overhead (optional)

This is the payout overhead to be applied to the Contract for payout and commission purposes. See Company Payouts.

Contract Rep (optional)

This is the User who is responsible and gets credit for the Contract. This is typically a Sales Representative.

Class (optional)

This is a class within your Class Tracking options, if applicable. See Class Tracking.

Contract Interface

Once a Contract is created, then things like invoices, payments, work orders, material orders, and payouts can be entered.