Auto-renewing contracts

In order to simplify the entry of contracts that auto-renew on a periodic basis, you will find a new option in the contract mask to differ between a fixed lifespan and auto renewing:

Once you select the auto-renewing option, different fields are being shown and the system proposes the next possible ending-and reminder date based on the information you enter. Thereby it is considering the date of entry, like in this sample the date of entry was March 27:

autorenew

 

 

 

 

 

 

 

With a one day notice, expiring at month end, the next possible ending date is March 31 and the date of notice March 30.

In the actual version, the owners of the contract have automatically been informed by email about every contract extension. Now you have the option to turn this on/off with the option “Send me an info when contract renewed”.

All existing contracts will continue to send an info email after the update but you can turn it off if wished.