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What is quantity and value contract?

Quantity Contract In this type of contract, the overall value is specified in terms of the total quantity of material to be supplied by the vendor. Value Contract In this type of contract, the overall value is specified in terms of the total amount to be paid for that material to the vendor.

What is quantity contract in SAP SD?

A quantity contract is an agreement that your customer will order a certain quantity of a product from you during a specified period. The contract contains basic quantity and price information but no schedule of specific delivery dates and quantities.

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 is quality contract in SAP SD?

Definition. A quantity contract is an agreement that your customer will order a certain quantity of a product from you during a specified period. The contract contains basic quantity and price information but no schedule of specific delivery dates and quantities.

What is VA41 in SAP?

VA41 is a transaction code in SAP SD application with the description Create Contract. On this page, you will find similar/related TCodes to VA41, Tables feeding data for this TCode, links to SAP documentation, Wiki and Help pages, discussion threads, and other resources.

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 quantity contract?

To create a quantity contract, in the Contract Type field, select Quantity Contract (CQ) and enter Organization Data, if necessary. Press Enter. When you create a quantity contract, it is necessary to: Enter the customer number of the sold-to party in the Sold-To Party field.

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 contract document 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.

What is a 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.

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