Create Contract Record Type

A contract record type can have only one contract type object as its parent, but a contract type object can have multiple contract record types as its child.

1. From Setup, click Object Manager. Type Contract in the Quick Find box.
2. Click Contract and then click Record Types.
   Contract Lifecycle Management is the default contract record type.
3. Click New.
4. Enter these details:

   • Existing Record Type: Master

   • Name: Enter a name for the contract record type.

   • Active: Select Active checkbox.

   • Make Available: Select the user profiles that you want to provide the ability to create and clone records of this record type, or assign this record type to an existing record. To make the new record type the default for a profile, select Make Default. Users assigned to this record type can still view and edit records associated with record types not available for their profiles.

5. Click Next.
6. Select Contract Layout in Apply one layout to all profiles.
7. Save your changes.