In PMWeb, a contract is defined as an agreement between you and your client. Prime Contracts are used to track revenue and are modified and extended using these PMWeb record types:
Each line in a Contract record and Contract COs automatically becomes a "Req Code". Lines from other types of transactions (such as Progress Invoices and Timesheets) can be linked to these Req Codes. These cost based lines can then be automatically pulled into Requisitions, allowing you to perform cost plus type billing scenarios.
Change Orders Tab - This tab displays change orders (Contract COs) linked to the contract. Lines in the table are read only. Click the Record # hyperlink to navigate to the record.
Requisitions Tab - This tab displays Requisitions linked to the contract. Lines in the table are read only. Click the Record # hyperlink to navigate to the record.
Payments Tab - This tab displays Requisitions linked to the contract. Lines in the table are read only. Click the Record # hyperlink to navigate to the record.
