Approving Commodity Contracts
A trading contract has to be duly approved by an authorized user. It is important that a contract is validated and approved before it is used in the following processes:
Release of LDC (with Contract Reference)
Call-off (in Purchase Order and Sales Order)
Linking to the Application Document (Contract Application process)
For this purpose, a new tab screen has been added at the Contract Header level which consists of an Approval indicator, Approver Name and Approval Date.
Note
There is a provision to set or reset the approval flag by using a Business Add-in (BAdI) implementation.
You have created a trading contract.
You have the necessary authorization to approve the trading contract.
On the SAP Easy Access screen, choose .
Enter the contract number and choose Find
.
Choose the Approval
tab in the Contract Header
screen.
Select the Approval Indicator
check box.
Once the indicator is checked, the name of the Approver and the date of Approval gets populated in the respective fields.
Choose
(Save
).