Update Contract Amounts

In Hubs > Projects > Contract Management, you can enter and manage both the negotiated contract amounts for a project and the compensation amounts that you expect to receive for executing that project.

If the Accounting module is activated, the amounts on the Contract Management form automatically update the corresponding contract amounts on the project Plan form. Using the Contract Management feature, you can coordinate the contract process, keep everyone up to date on the contract status, and ensure that the compensation amounts billed and received as you execute the project are in sync with the amounts that were spelled out in the contract.