CPQ supports Agreement-based renewals with a custom setting called Renewal Business Object Type, with value as Agreement. The entire functionality supported with Proposal object is supported with Agreement object. For information on how this feature works, Managing Assets in the Contract Flow.

For auto closure of renewal agreements, the Status Category of the agreement record should be one of the following:

• Request
• In Authoring
• In Signatures
• In Filing

The renewal agreement set for auto closure expires within 24 hours.

For manual submission of agreement-based renewals, you must create a new custom link for Agreement object, pointing to Apttus_CMConfig_AgreementAssetRenewalSubmit Visualforce page.

For more information on configuring data required to trigger renewal agreement creation, see Configuring Renewal Settings.