Using Calculated Fields in .legal 📊

So when I apply this, now I will have a total amount for each of my service agreements, and these numbers will as well update if the numbers updates on the contract.

Hi, in this video I will just briefly show you a very handy little feature in .legal.

The feature works with our templates and custom fields, and it especially makes sense when you use our contract module.

It's about calculated fields, and we have made a small update and very smart update to our calculated fields.

So what you see here is my list of inputs.

I have my amount inputs, and in this example, I want to make a calculated sum of all the values on a specific contract template.

So I want to calculate a field that can add up license, extra add-ons, and support fee.

Maybe I would also have a total discount, so I have also made a custom field for that.

And in the end, I have made a calculated field named total.

Amount.

This is what I will do in the input field section.

Now I will navigate to the contract templates, and on my service agreement, I have made a step named amount.

Here you can see I have my 3 fields.

I have my license, I have my support fee, and I have my extra add-on field.

I do also have my total discount, so it's possible to fill out that one.

And then down here, I have my total amount field.

And as you can see, it doesn't look like all the other fields.

Here I can set up a logic in terms of how to calculate total amount.

So let's say I want to add extra add-ons.

I can simply say I want to add it here as part of the total amount.

In this way, I can make my own setup with different input fields and calculations.

In a formula where I can both add and subtract and so on.

Now I'm satisfied with this setup, and I will navigate to my contracts.

Here we'll find a service agreement.

Let's just take this one down here and say Edit.

Here I find my amount field, and now I can see I have the fields that we just looked at.

The total amount field here is locked.

I can't edit it in the contract.

But when I start to fill out my license, my support fee, my extra add-on fee, you can see that the total amount is now calculated for this specific contract.

And when you edit a value, the total amount will update based on that.

And then I can set, if I have a discount, my total discount here as a decimal.

Let's say 20%, and that will also be part of my total amount calculation.

In this way, you will always have a total amount on each contract based on the fields updated here.

And if a price is increasing or decreasing, the total amount will update itself.

If you use integrations in the platform, you could make a setup where you integrate to your economic system and import these values automatically from there.

And the last thing When I navigate back to the contract overview, here I have a filter of all my service agreements.

I can of course also find the total amount and add it as a column in my overview.

So when I apply this, now I will have a total amount for each of my service agreements, and these numbers will as well update if the numbers updates on the contract.

So if I want, I can save it as a new view.

And in that way, I will always have a list of my service agreements and an updated total amount.