Time Period Based Contracts

Title: Understanding of Time period-based contracts.

Description: Time period-based contracts, also known as term contracts, are a specific type of contractual agreement that defines the terms, conditions, and duration of a business arrangement or relationship between two or more parties. These contracts are based on a predefined time period and come with distinct characteristics.

Prerequisites (if applicable):

How to create time period-based contracts

• Navigated to Shipsy portal > Setup > Middle Mile > Rate Master > Contracts.

• Click on Add New Contract option > Fill up the relevant details:

  Contract Name: Specific name of the contract
  Customer code: Enter the customer code for which you creating the time period-based contracts.
  Date Range: Duration of the contract to be active.Outcome: Time period-based contracts will be created for the respective customers as per the user requirements. The further rates & charges will be applied on the basis of the contract setup.