Creating Service Terms for Perpetual Software Licenses

For perpetual software licenses, you must create a specific set of service terms. This set of service terms will be used in all service plans that contain resources of these perpetual software licenses.

To create this set of service terms, perform the following actions:

1. Go to System > Settings > Terms in the Finance group.
2. Select the Service Terms tab.
3. Click Add New Service Terms.

4. Specify the following properties:

   • General

     • Name: Microsoft 365 (Perpetual Software Licenses).

   • Regular Subscriptions Policy

     • Grace Period (days): 0.
     • Hold Period (days): 10000.
     • Destroy Service after Hold Period: No.

   • Trial Subscriptions Policy

     • Grace Period: 0.
     • Hold Period: 10000.
     • Destroy Service after Hold Period: No.
5. Click Save.