About contract Items

In Visma Net, a contract item defines the services and products, along with price and provision policies, that you want to offer to customers. A service or product provided as part of a contract is defined as a non-stock item.
Thus, before you create contract items, you should consider what services and products you will offer to your customers through contracts; you then create non-stock items for each product and service. For each non-stock item, you specify the base price (which is used to calculate the contract item price) and the General ledger sales account and subaccount used to record item-related transactions.

For details on configuring non-stock items, see About non-stock item support.

Once you have configured the appropriate non-stock items, you configure the contract items.
A contract item has three parts:

All non-stock items included in a contract item should be priced in the same currency.

For a contract item, you can configure all three of the parts listed above, any two parts, or only one part.
For example: You might provide a customer with Visma Net first and then provide support services recurrently.
In this case, you would assign the Visma Net to the setup part and support services to the recurring part of the contract item.