how to populate a field on account with status of Most recent Contract of Account

[s_k_a]

How to populate a field on account object with status of most recent contract (based on contract Start Date value)? contract object has look up relation with account.

To do this Apex code is required? or is there any way using formula field. 

[@anilbathula@ · Accepted solution]

Hi

You need to write a trigger on contract after update,after insert,after delete.

Then the account will be update with recent values of contract.

[s_k_a]

Thanks Anil.