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Convert On Quantity Contract Feature
The Convert On Quantity Contract feature simplifies your order management process. With this tool, you can streamline the conversion from quantity to contract, making it more efficient for you.
Key Features
Automatic conversion of quantity orders to contracts
Easy tracking and management of contracts
User-friendly interface for quick access
Customizable settings to fit your workflow
Real-time data updates for accurate decision making
Potential Use Cases and Benefits
Retail businesses can manage bulk orders effectively.
Manufacturers can track production contracts efficiently.
Service providers can ensure accurate billing for large contracts.
E-commerce platforms can improve customer satisfaction through seamless order processing.
Project managers can keep contracts organized for multiple projects.
This feature addresses common challenges in order management. It reduces errors and saves time by automating the conversion process. As a result, you can focus more on your core activities, leading to increased productivity and better service delivery.
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What if I have more questions?
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How do you change a quantity conversion in information record?
You should be able to change the conversion factor on the conditions screen. Press “Conditions” on the toolbar, take the last validity period, choose PB00 and press “Details” on the toolbar (F6). Then on the cold. Detail screen press “Cone.
How do you create a quantity contract in SAP MM?
Enter T-code ME31K in the command field. Enter Vendor / Agreement Type (MK- Quantity Contract) / Agreement Date. Enter Purchase Org., Purchasing Group in organizational data.
What is quantity contract?
A quantity contract is an agreement that your customer will order a certain quantity of a product from you during a specified period.
What is value contract?
A value contract is a legal agreement with a customer that contains the materials and services that the customer receives within a specified time period, and for a value up to a specified target value. A value contract can contain certain materials or a group of materials (product hierarchy, assortment module).
What is the difference between value contract and quantity contract?
Contract is two types : Quantity Contract: This contract considered to fulfilled when the company supplied an agreed total quantity of materials against the contract. Value Contract: This contract considered to fulfilled when the company supplied agreed total value of material against the contract.
What is quantity contract in SAP MM?
A quantity contract (sales document type CD) is basically an agreement stating that the customer will buy a certain quantity of a product in a certain time period. The contract contains general quantity and price information but no specifications of the delivery dates and quantities.
What is a definite quantity contract and when can one be used?
A definite-quantity contract may be used when it can be determined in advance that (1) a definite quantity of supplies or services will be required during the contract period and (2) the supplies or services are regularly available or will be available after a short lead time.
What is the difference between contract and scheduling agreement in SAP MM?
The contracts are of two types: Value Contracts Use this type of contract, if the total value of all release orders issued against the contract shall not exceed a certain predefined value. But Scheduling agreement is a form of procurement plan under which the materials are purchased on dates within a certain time.
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