The counterparty is a customer or supplier from Parties

What moves

A contract names its counterparty from the party register, with its tax number and contacts. A new counterparty can be created from the contract form. When two parties are merged, their contracts and signers move to the one that remains.

Before you start

• Contracts and Parties in your plan

Step by step

1. RequesterContracts & E-Signature

   Picks the counterparty in the contract form, or creates it there.

   You see:The contract carries the party's name, tax number and contact; nobody types them twice.

2. Data stewardContacts & Partners

   Merges two duplicate parties.

   You see:The contracts, signers and contact rows of the merged party move to the one that remains.

Related

• Contracts & E-Signature
• Contacts & Partners
• A contract is approved through Accounting's approval chain
• An accepted quote becomes a draft contract
• Awards and framework agreements are signed through Contracts
• An award letter is signed through Contracts
• A contract goes from request to signed copy
• Connections between modules