Contract Status

Use this field to set the status of the contract.

  • Pending - This status is automatically applied to all new contracts set up in PM and is changed to 1 (Open) when interfaced.

  • Open - This status is automatically applied to all new contracts that are set up in JC.

  • Soft Closed - Posting is restricted, but closing GL entries have not been made. This status is automatically applied when the contract is Soft-Closed in the JC Contract Close program.

  • Hard Closed - This status is automatically applied when the contract is Final Closed in the JC Contract Close program.

Note: If you allow posting to soft-closed jobs (flag in JC Company Parameters), you can change the status of a contract from Open to Soft Closed in this form; however, you will need to use JC Contract Close to change the status from Open or Soft Closed to Hard Closed. If you do not allow posting to soft-closed jobs, you cannot change the status from Open to Soft Close or Hard Close in this form; you will need to use JC Contract Close.

You can also use this form to change the status from Soft Closed to Open. If the GL Close Interface level is set to 'Summary' or 'Detail' and there is existing cost detail (in JCJP or JCCD) or revenue detail (in JCID) for the contract, you cannot change the status from Hard Closed to anything less. If no cost or revenue detail exists, changing the status from Hard Closed to Soft Closed or Open is allowed.

 

JC Contracts