In this article, you will learn how to view contract terms, including extensions caused by freeze or bonus periods, and understand how they build up.
Contents
Quick Guide
- Go to Contracts.
- Open the context menu of the desired contract.
- Select Contract Terms.
Quick Access to Contract Terms
In the context menu of a contract, you will find the option Contract Terms. This option displays the different periods of a contract and provides details about its duration and potential extensions.
Overview of Contract Terms
The view displays the detailed breakdown of a contract's terms, including:
- Period: The validity period of the contract term.
- Duration: The length of the term (e.g., 12 months).
- Extension Information: Details about extensions caused by freeze or bonus periods.
- Last Possible Cancellation Date: The final date by which the contract can be canceled.
This overview makes it easier to understand how contract terms are structured and extended.
How Contract Terms Are Calculated
Extensions, such as freeze or bonus periods, can make it difficult to determine the actual contract duration. The overview provides clarity by showing:
- Which operation caused the extension.
- How many days the contract was extended.
With this information, you can understand exactly how and why a contract term was extended. The last possible cancellation date is also displayed, ensuring you have full planning clarity.
This view offers complete transparency regarding contract terms and their impact on your contracts.
Note: This article was created with the help of artificial intelligence and editorially reviewed.