<h1>Draft</h1>
<p>The contract draft is the first phase in a contract's life cycle. When <a
href="#!/guide/p54A6AC69_E610_48D0_B2E5_CE4E57CE809A">creating a new contract</a>, you first start with a template based on a <a
href="#!/guide/p7B9917EA_3551_445E_A621_AF59E23AE8DF">contract type</a> that is gradually filled with master data. Generally, the contract partners, deadlines, and contract volume are already defined here. The draft phase is regularly concluded by <a
href="#!/guide/p1F35B19F_A3A8_4697_9545_4DA7B5D9C70C">initiating contract approval</a>.</p>
<p>{@img img1.png}</p>
<p><span class="tag_important">The objective of the draft phase is to allow users to freely edit all contract documents.</span></p>
