Click in Strategic Asset Management > Periodic > Contract postings batchable

Use this to run the contract billing process. Contract Posting is the process to create the financial transactions for a sales order or project management, if project integration is used. Contract postings can be run for a batch of contracts or a single contract.

Process of Contract Postings

1.      The following is an example for running the Contract posting process.


2.      Switch to the General tab on the Contract postings form if the posting is run for a single contract. Click “Batch” if the postings are run for a batch of contracts.

Select the Start date field to a date before 1st Payment date (journal start date) for the starting of the billing period.

  1. Select the End date field to a date after 1st Payment date (journal end date) for the end of the billing period.

4.      Enter/Select any or a combination of the following fields to select a specific contract. If a combination of fields are selected, ensure that it is a valid combination: –

    • Customer (The Customer for who you want to do the Posting)
    • Customer contract
    • Contract Specific
    • Contract Organisation
    • Structure code
    • Internal accounting organisation
    • Structure code
  1. Tick the In advance indicator if there is one or more of the Lines that needs to be paid “In Advance”.
  2. Tick the Mandatory Feedback if there is on any of the lines mandatory feedback and to ensure that it is completed.
  3. Click the OK button to run the process.
  4. When the posting process is completed successfully a message with the Sales Order number or the Project number (Project integration on) will pop-up in an info log box. And then click on the Close button