The Impact of Proposal Contracts

If the quotation module is not turned off, you may display a proposal contract on Contract - Main. This section describes how Contract - Main differs when a proposal contract is displayed.

The Contract Status section is replaced with a section that shows the status of the proposal contract (proposal contract).

Proposal Contract Status defines the state of the proposal contract. The Quote Maintenance transaction typically changes the status of a proposal contract when users accept, decline and cancel quote details. If you wish to change the status of a proposal contract independent of this transaction, you can press one of the adjacent buttons

  • Click the Activate button to change the status from Pending to Quotable. Note, you can set up the system to automatically make newly created proposal contracts quotable by plugging in the appropriate Proposal Contract Creation algorithm on the contract's contract type.
  • Click the Accept button to change the status from Quotable to Accepted. When you accept a proposal contract, you will be asked to supply the Start Date of the real contract that will be created.
  • Click the Decline button to change the status from Quotable to Declined. When you decline a proposal contract, you will be asked to supply a Decline Reason.
  • Click the Cancel button to change the status from Quotable to Canceled.
  • Click the Reactivate button to return a Canceled or Declined proposal contract to the Quotable state.
Fastpath: Refer to Proposal Contract State Transition for more information about Proposal Contract Status.

If the proposal contract has been declined, the Decline Reason appears beneath Proposal Contract Status. Refer to Accepting / Declining Quote Details for more information.

It the proposal contract was changed after a quote detail was generated using the proposal contract's terms, a Remark appears beneath Proposal Contract Status highlighting such.

If a real contract was created when the proposal contract was accepted, Real Contract ID appears and contains the ID of the real contract. Refer to Accepting / Declining Quote Details for more information.