Hiring for a Fixed period

Hi Experts,
I have a scenario, Want to hire employee for a fixed period.
When I am doing a hiring action and puting the end date as  end date of employment term rather than 31.12.9999.
I am getting a popup box , where I am entering   action number and reason for  leaving action.And the employee goes to withdarwn satus after the end of employment term.
But the requirement is if at all extension has to take place, then how to cater this requirement. Even  when I tried to run another action contract extension , It is not allowing before the begin date of leaving action. Should I delete that leaving action and again extend the contract of the employee.
E.g. Hiring from  01.01.2012 - 31.12.2012 ( End of employment term ). active Satus
                         01.01.2013 - 31.12.9999 Withdrawn Status  
Please advise.
Regards,
IFF

I'll sum-up things so that it will be easier for you
1. Do a normal hiring and maintain contract elements based on the contract terms. Let us say that the payroll area for this  employees is Z1
2. Create a new payroll area for separated fixed term contract employees as Z2.
3. ON termination of contract do run termination workbench, in the process change the Payroll area to Z2.
4. Once all dues are verified, run payroll for the employee in the new payroll area Z2.
This will solve your problem
Raghu

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