Implementing project contracts and contract lines
We now have a project contract in the system that relates to the quote and opportunity we worked with previously. In Figure 5.1, you'll notice that these previous documents are easily accessed with a hyperlink click, thus keeping everything front and center for your benefit.
The project contract
The project contract is a grouping of project contract lines, milestones, and roles that result in the financial impact of a project on a firm. Therefore, as shown in the following screenshot, this project contract drives all further financial activity in the system:
Figure 5.1 – The project contract header showing key fields
There are a lot of additional details that you may want to complete. Remember that you can add fields through customizations and configuration, or update existing field definitions as per your business requirements.
