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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 many types of contracts are there in SAP?

There are two service contract types in the standard SAP System: Rental contract (MV) Maintenance contract (WV)

How do you make a quantity contract?

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 contract order in SAP SD?

A contract is an outline agreement between you and your customer that is valid for a certain time period. The contract does not contain any schedule lines, delivery quantities, or delivery dates. The same functions are available in contracts as in orders. You can also agree on special price agreements.

How do I view contracts in SAP?

Contracts can be only be displayed for holders that have a business partner number that the Internet user has used to logon on the initial screen. A password must be specified for this business partner number. This password can be created, changed and deleted using transaction SU01 in the SAP system.

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.

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.

How do you maintain a contract in SAP?

Step 1 On the SAP Menu screen, select the Maintain execute icon by following the above path. Step 2 Provide the scheduling agreement number. Step 3 Select the line item. Go to Item tab.

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.

How do I edit a contract in SAP?

Procedure On the dashboard, click Manage Contracts. Click the contract ID to view details of the contract or make changes to the contract. To edit the contract, click Change. To manually close the contract, click Close Contract. To reopen a manually closed contract, click Open or Unclose.

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What are the types of value contracts in SAP?