With the Software Vertical Contract Renewals SuiteApp, contracts are generated from sales orders. When you enter a sales order using the Sales Order – Contract Renewal form, you define the term of the contract by setting the contract term and start date.
By default, line items added to the order are given the same start and end dates as the body of the transaction. You can modify the term length and the dates for individual line items.
The value that you selected in the Sales Order Status to Create Contract preference determines when a new contract is generated for a sales order. If you selected Sales Order: Pending Approval, a contract is generated and associated with the order after the sales order is saved (even if the sales order is not yet approved). If you selected Sales Order: Pending Fulfillment, a contract is generated when the sales order is approved. We can also create a contract for a specific sales order by clicking the Create Contract button on the transaction record. This button is available on sales orders with an empty Contract field (that is, a contract is not yet created for the order). When a contract is generated for the order, a link to the contract record is shown in the Contract field on the Items subtab of the sales order.
When the order is fully billed (which is the default preference setup), contract items are added to the contract based on the line items on the sales order. By default, these contract items are set to be generated on an hourly basis, but you can change the frequency of this process by setting the schedule on the deployment record.