Status

Select a status for the master agreement from the dropdown list. This field can be edited to reflect changes in the master agreement cycle. This is a required field.

My Display Name

Enter a name for the master agreement. This is a required field.

Description

Enter a description for the master agreement.

Document Type

Indicates the master agreement type upon which this document is based. This field is read-only.

Company

Indicates the company with which the master agreement is associated. This field is read-only.

Organizational Unit

Choose the Lookup icon to select an organizational unit within the company with which the master agreement is associated.

Location

Use the dropdown to select the location with which the master agreement is associated. This is a required field.

Currency

Select a primary currency for the master agreement from the dropdown list. This is a required field.

Released

This read-only checkbox is selected when a contract document in the master agreement is in the Executed phase.

Effective Date

Enter a date (or use the dropdown) to select the date on which the master agreement is to become effective. This is a required field.

Renewal Reminder Date

Enter a date (or use the dropdown) to select the date on which a reminder is to be sent to the master agreement owner and collaborators to review the master agreement for renewal. The renewal review reminder alert is enabled in the master agreement type.

Perpetual Term

Check this box to indicate that the master agreement is perpetual and has no associated end date.

Expiration Date

Enter a date (or use the dropdown) to select the date on which the master agreement is to end. This field only appears if you do not check the Perpetual Term box. If displayed, this is a required field.

Auto Renewal

Check this box to indicate that the master agreement should be renewed when it reaches its end date. This field is for tracking purposes only and does not trigger the system to renew the agreement. Auto Renewal master agreements must be individually reviewed, renegotiated, and renewed manually.

This option appears only for master agreements that are not Perpetual Term. You can use the Search All Automatic Renewal Master Agreements report (found under  Contracts Agreement Analysis to find and track all auto renewal master agreements.

Retention Date

Enter a date (or use the dropdown) to select the date until which the master agreement must be stored in the system. After this date, the master agreement should be manually deleted.

Termination Notice Lead Time (Days)

Enter the number of days before the termination notice for the master agreement to be sent to the supplier.

Termination Communicated Date

Enter a date (or use the dropdown) to select the date on which intent to terminate is formally communicated to the supplier.

Physical Location

Enter the physical location of the printed master agreement. This field is not used by the application and is for reference purposes only.

Record Series

Enter the internal record series, if any, to which this master agreement belongs. This field is not used by the application and is for reference purposes only.

Summary Published to Search

Check this box to enable the master agreement to be searched for in the Master Agreements Search channel. The Expiration Date field must also be set to the current date or later for the master agreement to be searchable.

Publish to Supplier

Check this box and select a date to enable the master agreement appear in the Active Agreements channel on the supplier's Workbench.

Contract Cross Reference

Enter any relevant cross-reference information for the contract. This field is provided as an example of an extension attribute.