What is quantity contract?
A definite-quantity contract provides for delivery of a definite quantity of specific supplies or services for a fixed period, with deliveries or performance to be scheduled at designated locations upon order.
What are the types of value contracts in SAP?
To fulfill both these requirements, two types of value contracts are offered in the standard system: Value contract type WK1. You can specify a product hierarchy or a assortment module for value contracts with contract type WK1. Value contract type WK2 (material-related)
How do you create a contract in SAP?
Path to Create Contract Step 1 On the SAP Menu screen, select the Create execute icon by following the above path. Step 2 Provide the name of the vendor, type of contract, purchasing organization, purchasing group, and plant along with the agreement date.
How do I create a quantity contract in SAP SD?
To create a quantity agreement, proceed as follows: In the initial screen, choose Logistics Sales and distribution Sales . Choose Contract Create . In the Contract type field, choose Quantity contract, and enter the required organizational data.
How do you create a quantity contract in SAP?
Creating Quantity Contracts In the initial screen, choose Logistics Sales and distribution Sales . Choose Contract Create . In the Contract type field, choose Quantity contract, and enter the required organizational data.
What are non asdocHub contracts?
Generally speaking, contracts can be freely assigned to third parties. Non-assignment provisions are designed so that contracts cannot be as freely assigned to third parties; or at least, not without first obtaining the contracting counterpartys consent.
Can all contracts be assigned?
If the contract specifically precludes assignment, the contractual right is not asdocHub. Whether a contract is asdocHub is a matter of contractual intent and one must look to the language used by the parties to discern that intent.
How do I create a quantity contract in SAP SD?
To create a quantity agreement, proceed as follows: In the initial screen, choose Logistics Sales and distribution Sales . Choose Contract Create . In the Contract type field, choose Quantity contract, and enter the required organizational data.
Which of the following data must you specify when creating a quantity contract?
Which of the following data must you specify when creating a quantity contract? For a quantity contract, you must enter the vendor, material, agreement type MK, price, purchasing organization, total quantity, and validity period. For the individual contract items, you need data on the material, quantity, and price.
How do I create a contract order in SAP?
Creating a Contract Manually Choose Outline agreement Contract Create . The initial screen appears. Enter the necessary data. In the Agreement type field, specify whether you are creating a quantity or value contract, for example. PressENTER . The header data screen appears. Enter the contract validity period.
