A contract line item is a feature that allows you to add detailed information about a specific product or service to a contract. It includes essential details such as the product's name, pricing, quantity, and any other relevant information. Contract line items are essential for specifying the terms and conditions associated with each product or service within the contract, providing a comprehensive overview of the contract's components. They are also used for defining tables in a way that Contract Intelligence can recognize.

To add a line item

  1. Open a contract.
  2. On the LINKS panel, click Line Items.
  3. Click Add New Line Item.

  4. Enter the following details:

    FieldDescription
    Line Item NameEnter a name for the line item.
    ProductEnter a product name.
    QuantityEnter the quantity of the product.

    Enter the extended price.

    Extended price is the sum of the base price plus the option price multiplied by quantity and term ((Base Price + Option Price) x Quantity x Term).

    Net Price

    Enter the net price.

    Net price is the adjusted price with all category-level adjustments applied.

    Enter the list price.

    List price is the standard price of a product or service, excluding all discounts, rebates, priced options, or other adjustments.

    Description

    		Enter a description
  5. Click Create.

To configure View Settings

View Setting allows you to control which columns are displayed in the grid and rearrange the column order. Click the View Settings () icon to control the columns displayed in the grid. For more information, see Managing View Settings.

You can save your filtered view of a record and set as the default view to avoid reselecting the filters every time you open the grid (list) view. For more information, see Managing Views.

To clone a line item

  1. For a line item, click the More icon () and select Clone.
  2. Update the required fields and click Save.

To edit a line item

  1. For a line item, click the More icon () and select Edit.
  2. Update the required fields and click Save.

To delete a line item

  1. For a line item, click the More icon () and select Delete.
    The Delete Line Item popup is displayed.
  2. Click Delete.

To delete multiple line items

  1. Select line items to delete.
  2. Click the delete icon ().
    The Delete Line Item popup is displayed.
  3. Click Delete.