Discard Customer Contracts

When reviewing customer contracts and their associated performance obligations, you may decide to discard the customer contracts.

A contract in any status is eligible for discard. You can discard contracts only in ledgers that you have access to.

To discard customer contracts and their performance obligations, run the Discard Customer Contracts process. The process:

• Sets the status of those contracts to Discarded

• Sets the transaction price to zero

• Reverses the accounting entries, if any were created previously

After the customer contracts are discarded, you can modify your system configuration and then submit the Identify Customer Contracts process to reprocess the source document lines of the discarded customer contracts. The source document lines are processed as if they're newly received source document lines.

View Discarded Contracts

You can view discarded customer contracts by selecting the Discarded status on the Manage Customer Contracts page. Discarded contracts are available in read-only format. You can't update discarded contracts.