# Adding a contract

Use the following procedure to add a new contract for a new or existing member.

{% hint style="info" %}
You can **ask Monika** how to [create a contract](https://go.userlane.com/32723/23930)
{% endhint %}

1. If the side menu is not visible, click <img src="/files/-Li8D5GrhOIcbhMDzQw8" alt="" data-size="line"> .
2. In the side menu, click [**Finance**](< https://platform.nexudus.com/finance/invoices>).
3. Under the **Invoicing** section, click [**Contracts**](https://platform.nexudus.com/finance/contracts).
4. Click **Add contract**.
5. Type in the customer's name and select their current plan from the drop-down list.
6. Add information and amend the details, which are described below.
7. You may want to schedule a cancellation date for the contract.
8. Click **Save**.

{% hint style="info" %}
After you have added a contract, you can add one or more deposits to it. To do so, you need to [edit the contract](/platform/day-to-day/finance/contracts/editing-a-contract.md) and [add the deposit details](/platform/day-to-day/inventory/managing-plans/plan-deposits.md).
{% endhint %}

| Option             | Description                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| ------------------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| **Invoice period** | You can set a start date, recurrent day and the minimum term of the contract.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| **Desks/Offices**  | Allows you to select particular desks or offices for the contract.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| **Price**          | <p>By default, the price of the contract is determined by the price of the associated plan. However, you can adjust the pricing with the following series of options.</p><p></p><p>If you do not want to charge the same rate as the associated plan, set <strong>Fix the price of this contract</strong> to <strong>YES</strong>. You can then specify a unit price and quantity. For example, if the unit price is 1000 and the quantity is 2, then the total price will be 2000.</p><p></p><p>You can also specify the following pricing options:</p><ul><li><strong>Include one-off sign-up fees on the next invoice for this contract.</strong> </li><li><strong>Adjust the next invoice based on the number of days left between the renewal date and the next billing day (prorate).</strong> Set this option to <strong>YES</strong> if you want the time period billed for on the next invoice to be adjusted to account for the difference between the renewal date and the next billing day. For further information, see <a href="/pages/-Lh_-nsvY0RwDW4SIi8J">prorating a contract</a>.</li><li><strong>Invoice additional cycles in the next invoice for this contract</strong>.  See <a href="/pages/-Lh_0-dvrtHBqaIIsog-">contracts and billing cycles</a>. </li></ul> |
| **Cancellation**   | These options determine whether the contract can be cancelled manually or by scheduling a cancellation date and whether a notice period is required. Learn how to cancel a contract in [Cancelling a contract](/platform/day-to-day/finance/contracts/cancelling-a-contract.md).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |


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