Renew Now

You can generate a renewal transaction for specific contracts on demand by clicking the Renew Now button on the contract record. This button is available for contracts that satisfy these conditions:

To generate a renewal transaction for a contract:

  1. Go to Contract Renewals > View Records > Contracts.

  2. Click the View link next to the contract that you want to generate a renewal transaction for.

  3. Click the Renew Now button.

A confirmation message is shown at the top of the contract record to confirm the contract renewal status. If the renewal transaction is successfully generated, the status of the contract changes to Renewal Generated. To view the renewal transaction, click the link in the Renewal Transaction field. To view the renewal contract, go to the Renewal Contracts subtab of the original contract.

Note:

Contract Renewals SuiteApp implements a locking mechanism to prevent contracts from being processed for renewal simultaneously, which may result to duplicate renewal transactions. When a contract is processed for renewal either by Renew Now button or by R05 script, the renewal process locks the contract by setting its Queued for Renewal (hidden field) value to True to prevent the contract from being picked up again for renewal. If an error is encountered while the contract is being renewed, the renewal process sets the Queued for Renewal value back to False so that the contract can be processed again for renewal.

General Notices