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.

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 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 that you want to delete.
  2. Click the delete icon ().
    The Delete Line Item popup is displayed.
  3. Click Delete.