Describing Contract Management

Objective

After completing this lesson, you will be able to Explain purchasing contracts and their use.

Current Process Step

We are now moving on to the business process step Contract Management.

Select the business process steps, to see the selected scope items:

Overview of Contract Management

Penelope has prepared some information for you to see how different kind of agreements are subdivided in SAP S/4HANA.

Please start with the interaction below, to learn more about contract management.

How to Create Quantity Contract

To buy the new product, we will create a quantity contract with special conditions. Because we have received a quotation from our preferred supplier, we will use that quotation to create a quantity contract for the Bike Computer.

A contract has a validity period and contains the individual items. As we have agreed on special pricing conditions, we maintain these in the contract

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