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Do you know if penalty are managed on the base of a contract not totally consumed by the client ?

former_member133155
Contributor
0 Kudos

Hi all

In case we create a contract with a client on a certain quantity and price and this quantity is not totally consumed at the end of the period, is there a way to manage the penalties?

If not, can you share the best way you found to manage the penalty to be  invoiced to the client?

Thank you for your help

Ingrid 

Accepted Solutions (1)

Accepted Solutions (1)

Joanne_Lysy
Employee
Employee
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Hi Ingrid,

In the case where the contract was not fulfilled, wouldn't the prices not be honored? You could issue debit memos as a way to issue a penalty.

Joanne

Answers (1)

Answers (1)

former_member131745
Product and Topic Expert
Product and Topic Expert
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Hi Ingrid - can you please elaborate on penalties (fields, documents involved? How would you normally manage this process?

Thanks