Assigning a Proration Policy to a Contract

You can assign a proration policy to a contract, or change the proration policy assigned, either:

• On a draft contract
• On an active contract when Proration Policy is not in the Active Contract Locked Field Set
• Via a contract change request

To assign a proration policy to an existing contract:

1. Click the Billing Contracts tab.
2. Select the contract from the list view, then click Edit.
3. Select the proration policy from the drop-down list. The default proration policyThe proration policy that has the Automatically Assign to New Contracts checkbox set. is highlighted in bold with "(Default)".
4. Click Save.

When creating a new contract, you can select a proration policy to be assigned or you can accept the default.

Proration policies are listed on the Proration Policies tab. For more information, see Proration Policies.

To create a proration policy, see Creating a Proration Policy.