Contract in sap mm

Описание к видео Contract in sap mm

Contract
A contract is a long-term outline agreement between a vendor and an ordering party over a predefined material or service over a certain framework of time. There are two types of contracts −

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.

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