- Sales Contract:
A sales contract is an outline agreement that contains special conditions negotiated between a supplier and a customer, for example, price, target value, or target quantity. A sales contract is valid for a specified period.
- Value Contract:
A value contract is a contractual agreement with a customer that specifies a target value for the materials and services the customer may receive within an agreed time period. A value contract can contain materials. Alternatively, a range of materials to be released against a value contract can be defined using a product hierarchy (for example, all materials at or below a certain hierarchy level) or an assortment module (which is simply a predefined list of eligible materials).
- Quantity Contract:
A quantity contract is a contractual agreement with a customer that contains the materials and services that the customer may receive within an agreed time period and up to a target quantity. A quantity contract can contain those materials.
Quantity and value contract items cannot be processed together in one document.
