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Introduction to the Contracts Module

The Contracts module is designed for use by companies supplying products or services that are invoiced at regular intervals, such as rents, subscriptions or maintenance contracts.

Individual agreements or contracts are recorded in the Contract register, and periodic Invoices are then created when appropriate using a special function. These are passed to the Sales Ledger module, where they are treated as normal Invoices.

The module also provides tools for the management of quoting and tendering for Contracts. A history of modifications to quotations can be maintained, and successful quotations can easily be converted into Contracts.

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