| Sales ContractsSales contracts are used to register agreements about the
delivery of specific goods to a sold-to business partner. These agreements can be registered at the following
levels: Sales contract lines In contract lines, the delivery agreements for an item or group
of items for a specified period of time are registered. These agreements
include the total quantities, prices, and discounts. You can specify an effective period and
indicate whether the minimum quantity to be sold is binding. Terms and conditions agreements In terms and conditions agreements, detailed terms and
conditions regarding orders, schedules, planning, logistics, invoicing, and
demand pegging are registered for the sale, purchase, or transfer of goods. To
use a sales terms and conditions agreement, you must link it to a sales
contract before you can use it.
You can create the following contract types: Special contracts are
used to record agreements that relate to specific projects. A special contract
can also be a promotional contract. For each sold-to business partner,
you can close multiple special contracts in one period. In a specific period,
you cannot specify more than one normal contract per item or price group for a
sold-to business-partner. Sales contracts are used as the basis of sales orders or sales
schedules. The data specified in the sales contract serves as a parent of the
data that you specify in the linked sales order or sales schedule. Sales
schedules and terms and conditions agreements can be linked only to normal
contracts and not to special contracts. To use a simplified sales schedule, you can define scheduled
deliveries based on a sales contract. You can use this process if you do not
receive schedules from your sold-to business partners, and you want to set up a
list of time-phased deliveries using a sales contract. You can specify
scheduled requirements for a sales contract using delivery schemes or sales
schedules. You can copy sales contracts to create sales contracts. If a sales contract is used for a sales order or sales
schedule, you can evaluate the sales contract during and after the sales order
or schedule procedure. During the contract's effectivity period, you can check
if the deliveries were made as agreed in the contract. At the end of the
contract's effectivity period, you can check if the agreed quantities were
delivered. You can use several additional processes in the sales contract
procedure, such as activating or deactivating a range of sales contracts,
printing sales contract acknowledgements, printing sales contract reminders,
terminating, and deleting sales contracts.
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