If you have connected an integration that supports continuing obligations / recurring invoices and activated it in COMMITLY, the imported contracts are shown here.
The Contracts module is suitable when there is actually a specific contract underlying it, e.g., a rental agreement, leasing contract, loan or other fixed obligations with a set term and amount.
Typical use cases:
Rent payments
Leasing installments
Loan installment payments
Service provider contracts with a fixed term
Advantage: Planning is based on a real contract, with an overview of start date, end date and payment intervals. In liquidity planning, the amounts automatically appear in the assigned category.
Contracts created in the Contracts module are transferred directly into the Forecast.
Example:
Contract title: TEST
Period: December 2025 – December 2028
Amount: -€3,700 per month
Category: Revenue
The contract then appears in the Forecast in the selected category and in the defined period.
Limitations
The Contracts module is mainly suited for a manageable number of contracts.
Few contracts (e.g., rental or leasing contracts) → can be handled without problems in the Contracts module
Many similar contracts (e.g., hundreds or thousands of license contracts) → here, lump-sum budgets via recurring budgets are recommended, since detailed recording at contract level is too time-consuming and is usually done in a specialized system.
Practical example
COMMITLY itself has over 5,000 active contracts. Our subscription income is therefore planned using several recurring budgets, not individual contract entries. The contracts themselves are managed in the specialized billing system.
Note: The Contracts module always shows the end of the forecast period.
A specific contract differs from a recurring budget. They are two different types of budgets, each with a different focus:
Contracts – These are based on an actual contractual relationship (e.g., rental agreement, leasing contract, loan).
Recurring budgets – These cover general, regularly occurring expenses or income (e.g., monthly advertising expenses).
Both types automatically flow into liquidity planning and appear in the Forecast as planned budgets in the respective assigned category, exactly in the defined period.
More on this → Differences between contracts & recurring budgets.