NCRC Contract Status

2024/11/07 • 2 min. to read

In this topic

Fields
Default Setup

Almost all actions within a contract also lead to a change in status, thus ensuring the best possible traceability. It requires a default status in which changes are made - this is marked as neither Billable nor Completed. It requires a Billable status in which invoices can be created - this is marked as Billable.

Fields
Code	Specifies the Code of the contract status.
Description	Specifies the Description of the contract status.
Billable	Specifies if the contract status billable is.
Completed	Specifies if the contract status is completed.

Default Setup

The Contract status defines, which actions and features can be executed. For correct processing of Contracts in Business Central, at least two Contract statuses must be defined:

Billable	Ended	Type
Not Active	Not Active	Default Status This status is automatically selected at Contract header and line level when a Contract is created.This status is also set when a Contract line needs to be edited.
Active	Not Active	Active Status This status is used when invoices are created for a Contract line. Contract lines in this status cannot be adjusted.