Ending a Purchase Contract

You can end a purchase contract as follows:

1. Click the Purchase Contract tab.
2. Select the purchase contract you want to end.
3. Click End Purchase Contract.
4. Enter a date in the Effective Date of Cancellation field.
5. [Optional] Complete the remaining fields as required. For more information, see Purchase Contract Fields.
6. Click Save.

Notes:

• This action cancels the purchase contract, its purchase contract lines, as well as any associated purchase orders, and its purchase order lines.
• You can only end a purchase contract when it has a status of "Active", "Approved", "Complete", "Submitted for Approval", or a custom status.