Overview
Reverting a contract to draft lets you edit or delete a contract that is no longer in draft status. For most changes to an executed contract, creating a Contract Change is preferred — it maintains consistent records and avoids the downstream impacts of a revert.
Important: Reverting a contract to draft can impact other financial modules, such as your Project Budget.
Prerequisites
Your workspace must have created the contract.
The contract must not have any Invoices, Contract Changes, or open approval submissions against it (see "Why Reverting May Not Be an Option" below).
Process
Revert a contract to draft
Click the three-dot menu at the top right of the contract and select Revert to Draft.
To edit, click the three-dot menu again and select Edit.
Note: If the option to revert is not available, see "Why Reverting May Not Be an Option" below.
Delete a contract
Once the contract is reverted to draft:
Click the three-dot menu at the top right of the contract and select Delete.
Important: Contact your company's system administrator before deleting any contracts.
Why Reverting May Not Be an Option
You cannot revert a contract if any of the following apply:
There are Invoices against the contract.
There are Contract Changes against the contract.
The contract has been submitted to another workspace for approval.
Your workspace did not create the contract.
If the contract has been submitted for approval, the current approver in the receiving workspace must reject it first. Once rejected, you can revert and edit the contract.
What Can I Edit Without Reverting?
The following can be edited even when the contract is no longer in draft:
Contract Name and Custom ID
Vendor Contact (only to another contact within the same vendor company)
Assigned Project Managers
Initiation and Effective Dates
Insurance Requirements
Cost Codes tied to WBS 1
Additional Attachments
For most other edits, create a Contract Change to maintain consistent records.