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The Contract Budget Items table is used to hold budget records for Contracts. Each record contains a fiscal year, cost center, budget amount, and is linked to a Contract record. Records in this table are created from within Contract records, where they are displayed in a related table under the 'Finance' tab. All Active/Paid Contract Items linked to a Contract make up the total budget for that Contract.

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Use Case

If a Sourcing Event containing Sourcing Budget Items is converted to a Contract, the Sourcing Budget Items are converted to Contract Budget Items and linked to the newly created Contract.