Setting Up Contract Status Security

When a contract is set to an active processing status, the amounts tied to that contract are potentially available for billing and revenue recognition. Consequently, you may want to limit the list of users that can change a contract's status.

First, enable status security. The default setting for contract status security is Off. You enable security separately for each PeopleSoft Contracts business unit that you define on the Contracts Definition - BU Definition page.

Next, assign contract status authorizations. You assign contract status authorizations to individual user IDs on the User Preferences - Contracts page. The contract status levels that are available to assign are those that you defined on the Contract Status page.