You use Trading Contract to maintain a trading transaction that can contain both sales and purchase arrangements. You also can use a trading contract to maintain just one part of an arrangement, either sales orders or purchase orders, depending on your requirements.

To create a standard trading contract, proceed as follows:

1. Choose

Logistics ® Global Trade ® Trading contract ® Create

2. Enter an existing trading contract type and maintain the necessary organizational data, then choose Enter.
3. In the overview screen, enter the business partner data and the necessary data is copied from the master.
4. Select Item overview and enter the material numbers. Maintain quantity, unit of measure, price, currency (these are mandatory) and other optional data.
5. If you want to enter additional data for the header or items, select the corresponding menu entry. If you want to change the data for the items, mark the items before you select a menu entry.
6. Save your document.
7. Before saving your document, you can go to the Status screen, check the quantity match, and perform an incompleteness check.

The system creates a trading contract. If the document status is set to approved, subsequent documents such as a sales order and a purchase order can be automatically generated in the background.