Navigation:  Application Modules > Contracts > Configuration > Contract > Relationship Types

Within EnergySteward.com you are provided the capability of setting up the various relationship types which primary and counter parties assume on various contracts.  These relationship types allows you to customize the terminology which is used to describe the parties to an agreement.  A few examples of these contract relationship types might include the following:

 

 

This configuration screen provides you with a method to setup various contract relationship types.  When setting up your contract types, you are required to designate the relationships of the primary and counter parties for contracts which utilize the contract type.  When setting up a contract you are required to specify a contract type.  By setting up specific contract types, you are also indicating the role (relationship) of the primary and counter parties.

 

Important note:  These configuration screens provide you with the mechanism for populating a standardized list for the actual contract type and actual contract setup screen.

 

The screen shot below shows the initial screen which lists out your available relationship types:

 

 

Add Contract Relationship Type (button) - Click this button to add a new contract relationship type.

 

View/Edit Grid Button (pencil) - Click this next to the applicable relationship type in order to change the information about this type.

 

Delete Grid Button (red x) - Click this next to the applicable relationship type that you want to permanently delete.  When you delete a relationship type, then all contract type and independent contract associations with this relationship type will be removed (contracts will still be there, just their association to this type will be permanently deleted). Important note: You will be presented with a confirmation ("Are you sure...?") dialog box prior to deletion.

 

 

Contract Relationship Name - This can be any name for the relationship type which you want to define.  It is suggested that you make this name relatively descriptive for the contract relationship in question.  The name you post here is what will show up within the pull down list box when setting up contract types.

 

Notes - This is required and should just be a brief description for the contract relationship type.

 

Considered a Primary Party Relationship (checkbox) - Check this if it is possible that this relationship can be assigned as a primary party relationship on various contract types.

 

Considered a Counter Party Relationship (checkbox) - Check this if it is possible that this relationship can be assigned as a counter party relationship on various contract types.

 

Important note:  Remember that a relationship can be used on multiple contract types.  For example, a "Buyer" may be the counter party on a sales contract but also the primary party on a purchase type contract.  If this is possible for a given relationship type, then check both.  If the relationship is a 3rd party type relationship and can never be a primary or counter party then leave both checkbox's unchecked).

 

Is Contract Relationship Available (checkbox) - If checked, then this relationship type is considered active and will therefore show up in the pull down list boxes when setting up contract type information.  If unchecked then historical relationship information is maintained BUT when assigning new relationships to contracts and contract types, the item will be unavailable (will not show up in the pull down list box).