What's the difference between document types and contract types?

While both document types and contract types are contracts, document types encompass all purchasing and sales documents that are deemed contracts. Contract types include only enterprise contracts.

For sales, the list of document types is restricted to contract types, those contracts created within the Oracle Fusion Enterprise Contract Management (ECM) application itself. If you enabled the Enable Contract Terms in Oracle Fusion Procurement feature for the option Procurement Contracts during implementation, then the following procurement document types are available:

• Auction

• Bid

• Blanket Purchase Agreement

• Contract Purchase Agreement

• Standard Purchase Order

• RFI

• RFI Response

• RFQ

• Sourcing Quote

Contract type is an administrator-created classification for enterprise contracts which determines contract functionality, including the presence of lines and contract terms. You create contract types during contract setup by selecting the Create Contract Types task.