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Activating Contracts

You can activate draft contracts. When you activate a draft contract, billing schedules are created for each contract line item belonging to that contract.

The billing term and start date of the contract line item determine the start and end dates of the billing schedules created for that contract line item. For example, if the contract line item start date is February 5th 2012 and the term is month, the first billing schedule runs from February 5th 2012 to March 4th 2012.

Notes:

Notes

Billing schedules are generated from the contract start date up to today plus the number of months specified in the Billing Schedule Number of Months field in the FinancialForce Billing Central Settings custom setting. See Billing Schedule Number of Months.

Billing Schedules are always generated from the last billing schedule of a contract or the start date of the contract if there are no billing schedules.

A job is created to generate the billing schedules and you are notified when the job is complete.

This also creates billing schedules for contract line items with the billing type One-off if they are not already associated with a billing schedule.

Billing schedules are created automatically if your administrator has set up a job to do so. See Setting up a Job to Generate Billing Schedules.

After activating the contract you can create further billing schedules for the contract on the Salesforce Contract Detail page. See Switching between Enhanced and Salesforce Detail Pages and Setting up Default Detail Pages.

Once a contract is active, you may need to create a change request to edit the contract depending on the options your administrator has chosen. See FinancialForce Billing Central Settings and Contract.

Activating Several Contracts

To activate several contracts:

1. Select the checkboxes of the contracts you want to activate in the list view of the Contracts tab.
   Tip:

   Tip

   

   You can select an appropriate list view from which to select contracts. See List View.
2. Click Activate Contracts.
3. Click Activate.

Activating a Single Contract

To activate a contract:

1. Click Activate on the Contract Detail page of the contract that you want to activate.
2. If a popup appears indicating there are incomplete contract lines, click Edit Contract, complete the contract lines then try again.
3. Click Activate.

View Tutorial

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