**__Terminating a Contract__** To terminate a contract, open the contract and select Terminate from the Actions section on the top right of the screen. In order for a user to have access to the Terminate button, the user must be a Finalizer and have Contract Approval as part of their role. {{:pasted:20240806-170448.png}} ----- After clicking Terminate, a Terminate popup will appear with 3 Terminate options and date associated with each: {{:pasted:20240806-170524.png}} A date is required for each of the terminate actions, but a user can choose to terminate Accruals only, Claims only, Sweep only, or a combination of any of the three dates. The recommendation is if a user is choosing a Sweep option that both the Accruals and Claims are terminated. To terminate any of these, enter in a date (today's date or greater) and click Terminate. * **Accruals Date**: Accruals as of this date now stay static and no longer change. The contract state remains and does not update to Terminated. * **Claims Date**: No more claims are processed after this date. The contract state will update to Terminated on the date entered for Claims. * **Sweep Date**: After this date, the balance of the accrued dollars on the contract become $0 and the swept amount is now what the balance was. Using this example below, the $4K balance is zeroed out and the report will show the amount that was swept. Clicking sweep does not update the contract status. {{:pasted:20220103-135203.png}} **Important Notes**: * The Date field is required on each of the actions. * The Date entered must be today's date or greater. * Only the claim terminate date updates the contract status to Terminated. ----- If there is an active contract and another draft out there, the active contract can't be terminated until the draft is cancelled. Once a contract status is Terminated, no new claims can be created against that contract. ----- **__Un-Terminating a Contract__** A Contract in a Terminated state can be Un-terminated by a user with permissions. Just click the Un-Terminate button and the contract will return to the correct state. When clicking un-terminate, then Accrual and/or Claims would resume for this contract. The Sweep can also be un-terminated which would bring back an accrual balance to that contrat. {{:pasted:20240806-170728.png}} If a contract is terminated, it can't be un-terminated if there is another contract out there with overlapping timeframe. ----- The Terminated Date display on the Contract Header. Hover over the date to see who terminated the contract and on which date the terminate action was performed. {{:pasted:20240806-170811.png}}