Warranty plans are pre-defined settings for service contracts. They include how many miles/months the service contract covers, the plan number, the price, your cost, and the deductible.
To define your warranty plans click File, then click Setup.
Next click Warranty Plans in the Third Party section of the setup.
Click Add to add a new warranty plan.
Next fill in all the applicable information regarding that warranty plan, then click Save.
To edit an existing warranty plan just double click the plan in question, make your changes, and save.