Understanding Contract Notes

PeopleSoft Contracts enables you to associate notes with PeopleSoft Contracts components, including the contract header, contract line, amendment, contract milestone, bonus or penalty, early out option, revenue plan, and billing plan. Unlike the notes that you associate for billing plans from within the billing plan component (where the notes flow to PeopleSoft Billing for inclusion on the bill that is sent out to customers), these internal notes do not flow outside of the PeopleSoft Contracts system. Use these notes to create reminders for a contract administrator, or to add additional details to a contract that might not otherwise be captured.