Contract Workflow
The following diagram shows the different states of a contract.
The contract's status is shown in the Status field on the contract record. For information about contract fields, see Contract Fields.
Non-perpetual items have the same status as the contract where they belong, while perpetual items always have a status of Active. The contract item's status is shown in the Contract Item Status field on the contract item record.
The contract lifecycle can be tracked by understanding the contract item statuses, which you can learn from Contract Item Statuses.