Validating a Contract

Objectives

After completing this lesson, you will be able to:

  • Perform a contract validation

Contract Validation

Now that Chris has seen how the partner cash flow works and what information it provides, let's take a look at how to validate a contract.

The first step is to create a contract and add the conditions. Then you have to enter the posting parameters. Don't forget to maintain the contract partners and objects! If the contract has been created as desired and all the key figures have been entered correctly, the contract can be activated in the system in the last step. After that, postings can be made, and the cash flow becomes visible. Once that’s done you’ll have managed to create and activate the first contract correctly!

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