The Category dropdown allows you to assign the Contract to a selected Category. This can then be filtered on the Contract Ins list, or when generating a statement batch to help manage & group certain Contract Ins together.
To add a new Category, simply head to Royalty > Maintenance > Contract Categories. Select New (icon menu), then name the Category accordingly. You can then head back to the Contract In & change this to the newly added Category.
To learn about other Contract In settings in RoyaltyWorx, click here.