The Contract Variations object displays the details of variations that relate to a contract within a project. It is used for documents that approve variations that are flagged as Pending (Pending Approval).
Source of Data
The data source for this object is the Variations entered in the selected Contract claim view.
Template View
Notice that the document control allows for the selection of variation categories. Your organisation can create specific variation categories. Once created, they can be set within your document template.
The document control column headings are configurable. You may choose to show or hide particular columns, and even re-name default column headings as required
Document Edit View
In the document select the relevant supplier and contract.
This displays the variations listing. Pending Variations are identified by the check box to the left of the item. You may choose to show or hide previous variations.
The Certification Date is a mandatory field while it is also expected that at least one variation will be checked for inclusion. If no variation is checked then a $0 value document will be generated.
The Approved and Possible Variations are listed for reference purposes, while any Rejected Variations are not listed.
Document Output View
The resulting document output presents the Variations selected and a summary of the contract value based on the approval of this Variation Approval document.
Signing off the Variation Approval document commits the Variation value to the contract, changing the status of the Variation to Approved and increasing the agreed contract value. In the summary view of the contract the Adjusted Contract value will increase by the value of the newly approved variation while the Potential Variation column value will decrease by the same value.
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