Can the Terms and Conditions application be used to add terms to both a purchasing document and a contract?

The Terms and Conditions application in Maximo is designed specifically to manage terms related to purchasing documents. This application allows users to create and maintain various terms and conditions that can be attached to different purchasing documents, ensuring compliance and clarity in procurement processes.

While the app provides a streamlined way to manage purchasing terms effectively, it is not equipped to handle contract-specific terms. Contracts typically require a different set of terms that are nuanced to the legal agreements and obligations that govern them. Thus, the functionality of the Terms and Conditions application is limited to purchasing documents, confirming that it is not used for contracts.

This distinction is significant as it reflects the specialized nature of contract management practices in Maximo, emphasizing that different applications are built for distinct purposes within the overarching procurement and contract management systems.