Expired Contracts Should Have Status = Expired

Idea created by Jim Kender on Feb 12, 2018
    New Idea
    Score10
    • Jim Kender
    • Good, Alyssa
    We have a few expired contracts not showing up in the contracts screen as expired (they still say ACTIVE) -- however, they do appear on my dashboard widget as expired (knowing the dashboard widget is a "smart view") -- but can I recommend that a flag automatically changes the status from "active" to "expired " in the contracts section when the due date is past?
    What problem will this feature solve?:
    Visibly see the correct status of contracts in the contracts section.