The Contract is a light-weight version of the noun which will be created in conjucntion with the pricing evolve component. from the 'OTIS UK Design Document SMSLN1.04 - ERP5.0c Contracts Integration' - contractEffectiveDate and contractExpiryDate.. The sum of the cost amounts of all coverage terms that are associated with the indicated service type or term type. These will be in the Dimension ContractBasis and will have initially the values of Order, Ship, Delivery. This field is used for the handling of an empty CON value in a Sales Release. This can be different from the handling of a non-empty CON value in the Release. This field is used for handling situations where the incoming Sales Release has a non-empty CON, but the CON value differs from the one in the contract. from the 'OTIS UK Design Document SMSLN1.04 - ERP5.0c Contracts Integration' - ContractTypeCode; String 9 from the 'OTIS UK Design Document SMSLN1.04 - ERP5.0c Contracts Integration' - Supervisor (Service Office); String 6 Indexation can be applied to the service contract price. Indexation enables you to lower or raise the price of the service contract at given intervals Service contract describes the terms and conditions between the service provider and the customer. Service contracts can be renewed to provide extended services and thereby, additional stream of revenue to the service organization. The method indicating how the contract price is determined. The following pricing methods are available: • Sales Value of Configuration • Budgeted Service Costs • Installation Group/Item Pricing A method that determines how the costs of the service order are covered by the service contract. The following cost-covering methods are available: Fixed Price , Ceiling , Coverage Percentage, Ceiling on Coverage Percentage, Exclusion, Own Risk Templates for service contracts and service-contract quotations are prepared in advance. You can use the templates to save time as you need not retype similar information. Templates are generic and can be made specific to the item with a definition of price per period. These templates are not specific to customers and do not have specific cluster lines, but the templates themselves are specific to items. Need description for this element... Categories used to group costs. Term types enable you to have a more detailed view of the source of costs. The Contract Management module in Service distinguishes the following term types: Material , Labor, Tooling, Traveling, Subcontracting, Help Desk, Other, Uptime, All The agreed limit up to which the costs are covered by the contract, quotation, order, or warranty. If the Ceiling on Coverage Percentage method is selected, this is the discount limit. In this case it is the phase term that holds the discount information, and not the coverage term. The percentage that you can subtract from the gross sales price or purchase price. In this case the phase term holds the discount information.