Business rules installed with Contract Management

Business rules are added with Contract Management.

<table id=“table_hmk_t3f_4r”><thead><tr><th>

Name

</th><th>

Table

</th><th>

Description

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Calculate projected costs (Reports)

</td><td>

Contract [ast_contract]

</td><td>

Calculates the projected monthly and annual costs for a contract when costs or payment schedule changes.

</td></tr><tr><td>

Calculate totals with tax

</td><td>

Contract [ast_contract]

</td><td>

Calculates the Tax cost and Total cost fields for a contract when the contract is created or updated.

</td></tr><tr><td>

Contract history

</td><td>

Contract [ast_contract]

</td><td>

Stores history when the start, end, or terms and conditions of a contract change.

</td></tr><tr><td>

Create approval record

</td><td>

Contract [ast_contract]

</td><td>

Updates contract Terms and Conditions and starts the contract approval workflow when a contract is sent for review.

</td></tr><tr><td>

Flag terms and conditions

</td><td>

Terms and Conditions [clm_m2m_contract_and_terms]

</td><td>

Sets the Use flag on a Terms and Conditions record to true after the record is associated with a contract or to false after the record is disassociated from a contract.

</td></tr><tr><td>

Activate count for manual licenses

</td><td>

Software License Instance [ast_license_software_instance]

</td><td>

Calculates and updates the number of computers a particular license is installed on when a software license instance is created or deleted.

</td></tr><tr><td>

Manage contract lifecycle

</td><td>

Contract [ast_contract]

</td><td>

This business rule: - Updates the end date of a contract when a contract extension has been approved. - Renews the contract, updating its start date, end date, and base cost (if cost adjustments must be applied) when a contract renewal has been approved and the renewal has reached its start date. - Runs the condition checks to evaluate if dates need to be changed when a contract is approved, or an extension or renewal is approved, or the start or end dates have changed.

</td></tr><tr><td>

Post outage to news

</td><td>

Service [cmdb_ci_service]

</td><td>

Posts a news article on the knowledge table when there is an outage.

</td></tr><tr><td>

Update contract cost per asset

</td><td>

Asset Covered [clm_m2m_contract_asset]

</td><td>

Updates the cost per unit value based on the total cost and number of assets associated to the contract.

</td></tr><tr><td>

Update contract lifetime cost

</td><td>

Contract Rate Card [fm_contract_rate_card]

</td><td>

Calculates the lifetime cost of the contract by calculating the sum of the contract expense lines.

</td></tr><tr><td>

Updates after contract dates change

</td><td>

Contract [ast_contract]

</td><td>

Updates the Date added and Date removed fields for all assets and users associated with a contract if the contract end date changes.

</td></tr><tr><td>

Updates after rate card dates change

</td><td>

Contract Rate Card [fm_contract_rate_card]

</td><td>

Updates the related contract assets and users linked to the rate card when the end date is changed.

</td></tr><tr><td>

Verify contract’s start and end dates

</td><td>

Contract [ast_contract]

</td><td>

Validates contract start and end dates and contract renewal start and end dates.

</td></tr><tr><td>

Verify purchase agreement discount price

</td><td>

Contract [ast_contract]

</td><td>

For contracts with the contract model Purchase Agreement, the business rule validates that the Discount field does not contain a value less than zero or greater than 99.

</td></tr></tbody> </table>Parent Topic:Components installed with Contract Management