This screen is used to maintain the content and structure of term sheets that are issued for specific contract types.
Contract types
The upper left portion of the screen lists the different types of contract that are used.
Next to the contract type Name there are 3 checkboxes:
if the "End date?" box is ticked then a contract end date is mandatory for all contracts of that contract type
if "Generate paperwork?" is ticked a contract termsheet is created for all contracts with that contract type (when the "Issue paperwork?" option is checked on the contract)
if "Allow est. trx?" is ticked then the fee splits on contracts of this type can be marked as Estimates (and when they are scheduled they have an "On hold" status)
Contract sub types
Some but not all contracts can have sub-types. If these exist then the user must choose one when setting up a contract.
Clauses
The term sheet clauses section on the right shows the clauses to appear on the term sheet and their order within the contract. With a clause selected the contents of that clause can be seen in the clause text field.
If a clauses contains text in angled brackets i.e. <> then this data will be substituted with data held against the contract or supplier record. This is what makes the contract specific to the agreement with the supplier.
Selecting Term sheets from the SLM menu will bring up the Syndication contracts and their term sheet settings. The Allow estimated transactions checkbox is not relevant for Syndication contracts.