The Terms and Conditions (TRMC) library supports the setup of reusable, standard terms and conditions that will be in a central location available to all. CGI Advantage uses a time stamp to keep track of when the term or condition was added and when it was last updated.
Buyers select the terms and conditions on Procurement transactions. Vendors must adhere to the terms and conditions. You can setup a template of multiple terms and conditions on the Terms and Conditions Template table or from Solicitation transactions.
Configuration Points:
Define the Terms and Conditions for goods and services to be used during the Solicitation process.
Enter a unique identification and name for the Terms and Condition. Description is also required, but the Section field is optional.