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When using Salesforce contracts, be sure to check the basic settings in the admin setup menu. You can find these settings by typing "contract" once in setup. The settings include options like auto calculate contract end date, sending expiration notice emails, and tracking history for all statuses. These settings can be easily adjusted to fit your needs and help monitor contract details efficiently. Many people overlook these settings, but they are essential for managing contracts effectively, with the contract end date being the most commonly used setting.