When creating the contract, the status is To validate. The assets can be attached to it but it must not be the object of any action. In addition, there is no information on the Open item schedules tab; this information is optional.
- When the contract definition is finalized, you can change the status to In process.
- When you change the status from To validate to In process, either in creation or in modification, this results in:
- A Contract creation event (LEACRT) is generated
- The event is automatically posted by generating an automatic journal: LECRT – Contract creation, designed for the IFRS consolidated accounts. - When you click Save after this status change, you receive a warning message that the contract has no schedule. That is, there is no information on the Open Item Schedule tab.
- A contract with the status In processcannot be deleted. It cannot be directly modified either. It can only change at the end of the different actions applied to the contract. The status changes to:
- Completed after implementing the action Enter the contractend
- Buyback after implementing the action Remove the purchase option
- Terminated after implementing the action Terminate the contract