What version document populates the field Based on in Vault PromoMats and Vault Medical.
The field Based On populates always the version of the document from which the copy is made.
If the document the user made a copy from increases the version number, this is not reflected in the version indicated of the document under the field Based On.
By clicking on the document under the field Based On Vault redirects the user to the version populated in the field.
Knowledge Base: How Does Make a Copy Work in PromoMats?
Vault Help Documentation: Copying Documents
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