Adding Contract Codes

If you use Serialized Inventory and Lot Tracking, you can use the Contract Codes screen to enter the terms of sales agreements with your suppliers.

Each contract code can have up to five periods, and you can define the number of days in each period of the contract. The number of days in the periods are cumulative. For example, for a 90-day contract, you can have three periods set to 30 days.

To add a contract code:

1. Open Inventory Control > I/C Setup > Contract Codes.

2. In the Contract Code field, type the new contract code using up to six characters, and then type a description in the adjacent field.
3. In the table, add a line for each period in the contract code, including the following information for each period:
   • Period. To add a period, press the Insert key while the pointer is in the table. The next period number is displayed on the new line. (You can add up to five periods.)
   • Lifetime. If the period is for a lifetime contract, double-click this field to change it to Yes.
   • Contract Days. Enter the number of contract days in this period.

     Note: This field is not available if you set the Lifetime field to Yes.

   • Effective Days. Type the number of days after the sold date that the contract period becomes effective. More...
     • If Effective Days = 0 (zero), the start date of the contract period is the sold date.
     • If Effective Days = 5, the start date of the contract period is 5 days after the sold date.
   • Description. Enter a description of the contract period, using up to 60 characters.

   Tip: To delete a period, highlight (select) the line, and then press the Delete key.

4. When you have finished entering information for the contract code, click Save.