How to show the "value" of a user-defined Account field in a Contact Record


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Outlook 2010 64 bit
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Hi: In BCM 2010, I'm trying to figure out a way to have the value of a user-defined field in the Account type, be displayed in the Contact Type. For example, in the Account record, I have a custom field called Contract Renewal Month/Yr. When I add contacts that are linked to that account, I'd like to have the value of that field be displayed in the contact record, so I don't have to enter in the Contract renewal date on every contact that is linked to the account.

Does anyone know how to do this?