Using contract types makes contracts easier to manage and track.
📋 Common Contract Types #
Service Contract #
Used for ongoing services provided to customers.
Example:
- Maintenance services
- Monthly support
Project Contract #
Used for project-based work with defined scope and deadlines.
Example:
- Website development
- Construction projects
Sales Contract #
Used for product sales or business transactions.
Example:
- Product supply agreements
- Purchase contracts
Partnership Agreement #
Used for business partnerships or collaborations.
Example:
- Joint business operations
- Vendor partnerships
Renewal Contract #
Used when extending or renewing existing agreements.
Example:
- Annual service renewals
- Subscription extensions
📍 Where to Select Contract Type #
- Click Contracts
- Create or open a contract
- Select the required Contract Type
- Click Save
💡Tips: Use clear contract types for different agreements, so contracts stay organised and easy to manage in the future.
