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License/Contract Modification/Extension

Warren Hamilton
Warren Hamilton
  • Updated

Make modifications to the system by changing the contractual terms of an existing license/contract and generate the respective financial adjustments.

 

 

Navigation

1. From the homepage, go to License/Contract module.

2. Navigate to the License/Contract and select License/Contract Modification/Extension.

 

Guide

1. Click the Create New button.

2. Select the License to be modified.

3. Select the Modification from the dropdown.

  • Modification
  • Extension

4. Input the Reason for Modification.

5. Under the Scope of Modification, select the applicable changes:

  • Basic info
  • Contract period/terms
  • Deposit
  • Billing recurrence
  • Recurring charges
  • License GTO
  • One time charges
  • Clause
  • License term

6. Depending on the selected modification, input the required information. Previous setting will automatically show for comparison.

7. Once done, click the Submit for Approval button.

 

 

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