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 There is no approval process for making adjustments to a contract. Make sure that the contract information is accurate and changes are sponsored before submitting.

Overview

An adjustment is needed when an existing active contract Start Date, End Date, or Payment Amount need to be changed, but a new contract is not necessary, and the changes can’t wait for an extension or renewal. In the event more information needs to be changed, or the adjustments are major, it is best to cancel the current contract, and create a new contract record with the appropriate information. Look at the Cancel a Contract and Create a New Contract guides to complete that process if needed.

Conditions for Adjustments

• Contract State is Active

Adjust a Contract

1. Navigate to the contract to be adjusted.
   
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2. Click the Adjust button at the upper right-hand corner of the content frame.
   
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3. The dialog box that appears should contain the existing contract Start Date, End Date, and Payment Amount.
4. Adjust the Starts field to update the contract Start Date.
   
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5. Adjust the Ends field to update the contract End Date.
   
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6. Adjust the Payment Amount field to update the contract Payment Amount.
   
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7. Once finished with adjustments, click Submit Adjustments to enter your changes. The contract State will remain Active.
   
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8. Click Update at the upper right-hand corner of the content frame to save your changes.
   
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