5.19.9 Put a Contract on Hold

If you do not have all the details of the contract you are entering, put it on Hold instead of saving it. No accounting entries and advices are generated for a contract that is on Hold. You need not authorize a contract that is on Hold. During information retrieval, such a contract will be reported as Held.

When all the details about the contract are available, you can remove the Hold status from the contract and store it. This activity can be performed on the same day on which the contract was put on Hold or on any subsequent day.

Remove the Hold status on a contract

To store a contract that has been put on Hold, you should Copy it onto another contract. Select Copy icon at the Contract Summary View when the contract on Hold is highlighted. The details that have been entered for the contract, except the Reference Number, the User Reference, Transaction Date, Value Date and the amounts will be copied.