Auto closing the PR if contract is created.

Dear All,
I have a scenario.
Once I create a contract by reffering the PR then the system should automatically tick the closed indicator in the PR.
Is there any setting available wherein the system will put the closed indiactor once contract is created.
Thanks in advance.
Any suggestions are required fast.
Regards
Yogesh Chaudhari.

Dear Yogesh
As per your suggestion I will not be able to create PO / Contract of quantity more than PR but this is not suitable to me .
Is there any setting so that while creating contract i can mark the requisition as closed. ( Like it is available in PO in the delivery schedule tab).
Regards
Yogesh Chaudhari

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