Adding Product Licenses to Contract Pools

To add product licenses to contract pools:

1. From the Planner tab, under Contracts, click Contracts.
2. On the Contract Summary page, click the contract name for the contract to which you want to add licenses to a contract pool.
3. In the bottom section of the page, click the contract pool to which you want to add licenses.
4. On the View Contract Pool page, click Add Product License.
5. On the Add Product License page, specify the product license settings. Required settings are identified by a red asterisk (*).

Setting

Description

Product

The product being licensed. Select the software producer from the first list, then select the product.

Number of Licenses

Specified as an integer, the number of licenses of this product purchased from the software vendor.

Effective Date

Specified as mm/dd/yyyy, the date on which the product licenses can be used. This defaults to the contract start date.

Expiration Date

Specified as mm/dd/yyyy, the date on which the product licenses expire.

This setting is displayed only for contract pools that have a time-based licensing model.

Purchase Requisition Number

The requisition number for this license purchase.

Purchase Order Number

The order number for this license purchase.

Pool Annual Fee Percent

Value specified for the contract pool to which you are adding this license. To change this value, modify the Annual Maintenance or Access Fee Percent setting for the contract pool.

Override Annual Fee Percent

Percentage of list price paid to the software vendor each year for this product license. This setting overrides the Annual Maintenance or Access Fee Percent setting for the contract pool.

List Price

The software vendor’s list price to purchase a single copy of the product.

Calculated Net Price

The net price for this product license, calculated using the following formula:

List Price * (1 - Discount Percent) * (1 + Uplift Percent)

Override Net Price

To override the calculated net price, provide an override price.

6. Click Save.

See Also