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Process documentation Purchase Contract  Locate the document in its SAP Library structure

Purpose

A contract is a long-term agreement with a vendor that is fulfilled by requesting material in the form of a call-off, up to a specific quantity or a specific value.

With this process, you can:

Assigning a New Purchase Contract

  1. From the exchange agreement, create a purchase contract by creating the header data of the contract (for example organizational data, delivery conditions and payment conditions, contract validity period).
  2. You determine the contract item type.
  3. You assign the contract items to the contract and enter data for item conditions, item texts and any additional data.
  4. At item level, you can maintain a base product, the quantity schedule, and fees.
  5. You can now send the contract to your vendor and you can then monitor the vendor’s progress.

Assigning an Already-Existing Purchase Contract

  1. From the exchange agreement, assign an already-existing purchase contract to the exchange agreement.
  2. You can enter all of the necessary data which has to do with the exchange agreement at item level, for example: base product, quantity schedule, and fees.
  3. You can now send the contract to your vendor and you can then monitor the vendor’s progress.

See also:

Creating a Purchase Contract

Assigning an Existing Purchase Contract

Quantity Schedule

Fees

Evergreen Contracts

MM – Purchasing: Contract