Differences Between Contract Default Values and PeopleSoft Purchasing

The fields in the Contract Entry component have defaults that in some cases are different from the PeopleSoft Purchasing default hierarchy. The following tables summarize the default hierarchy for those pages.

Defaults for the Contract Entry - Contract Page

Field	Default
Currency	The value appears by default from the Contract and Vendor Rebate Controls page. If the supplier currency is different from the currency on the Contract and Vendor Rebate Controls page, the currency appears by default from the supplier Procurement Options page.
Rate Type	The value appears by default from the Contract and Vendor Rebate Controls page. If the supplier rate type is different from the rate type on the Contract and Vendor Rebate Controls page, the rate type appears by default from the supplier Procurement Options page.
Accounting Template	The value appears by default from the default supplier location that is set on the Supplier Information - Location page. (Voucher contracts only.)
Terms	The value appears by default from the default supplier location that is set on the Supplier Information - Location page. (Voucher contracts only.)
Basis Date Type	The value appears by default from the default supplier location that is set on the Supplier Information - Location page. (Voucher contracts only.)
Dispatch Method	The default value is Print. When you select the supplier, this value appears by default from the default supplier location that is set on the Supplier Information - Location page. If the release originates from an RFQ, the value appears by default from the supplier location of the RFQ. (Order contracts only.)
Withholding Code	The value appears by default from the Withholding Supplier Information page.

Note:

If you specify a payment term for the supplier in the Supplier Information component, the Basis Date Type field displays the default value. Payment terms can also be specified at the business unit level, but they do not appear as default values on the contract header because the contract is defined at the SetID level, not the business unit level.

Defaults for the Voucher Line Tax Info Page

Field	Default
Ship To	The value appears by default from the supplier or the PeopleSoft Payables (voucher) business unit.

Defaults for the Contract Entry - Create Releases Page

Field	Default
Supplier Loc (supplier location)	The value appears by default from the PO Defaults page if the release business unit and the Contract Defaults business unit match. If they do not match, this field appears by default from the default supplier location for voucher and order releases.
Currency and Rate Type	The value appears by default from the PO Defaults page when the release business unit and the Contract Defaults business unit match and the Allow Multicurrency PO check box is selected on the Contract page. If the Allow Multicurrency PO check box is not selected at the business unit level, this field appears by default from the business unit.

Defaults for the Review Staged Releases Page for Orders

Field	Default
Tax Exempt	The value appears by default from the PO Contract Defaults page and the Purchasing Definition - Business Unit Definition page. Note: Priority setting of defaults depends on the default option that you select on the Create Releases page.
Tax Exempt ID	If the Tax Exempt check box is selected, the value appears by default from the Purchasing Definition - Business Unit Definition page or the PO Contract Defaults page. Note: Priority setting of defaults depends on the default option that you select on the Create Releases page.

Defaults for the Review Staged Releases Page for Vouchers

Field	Default
Pay terms	The value appears by default from the Contract page. If no value appears on the Contract page, the system uses the default value for the supplier location on the Procurement Options page.
Basis Date Type	The value appears by default from the Contract page. If no value appears on the Contract page, the system uses the default value for the supplier location on the Procurement Options page.
Accounting Template	The value appears by default from the Contract page. If no value is found on the Contract page, the value appears by default from the supplier location on the Procurement Options page.