Siebel Field Service Guide > Agreements and Entitlements > About Agreements >

Co-Terms for Agreements

Co-terms refer to the consolidation of the terms for multiple line items in an agreement. Typically, an agreement includes multiple line items for different service products. These service products can have different start and end dates, resulting in different payment schedules. Customers can ask for the consolidation of these terms into a single start and end date. If a new product is added to an existing service agreement, and the term is already partially complete, then a customer might ask to prorate the charges by using the remaining term of the agreement.

The Financials view in the List view of the Agreements screen can help you to better understand the co-term and prorate choices that are required for an agreement according to its term and remaining months.