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MM Cookbook - Create Contract
By Subhajeet Behera
is an agreement between the vendor and the company to supply goods and services
as per the agreed terms and condition.
time of negotiating, it may not be clear as of how much is required and when it
is required. In such a situation, an open contract can be released on the
contract must be followed by a release order which is nothing but a normal PO
with reference to the contract.
can be release centrally or with specific to plant. In case of multiple plants,
central contract can be released and release order specific to each plants can
Logisticsà Materials Management à Purchasing à Outline Agreement à Contract à ME31K – Create
vendor number. E.g. IND6-1
document type. Possible entries are
Purchase organization, purchasing group and storage location.
the entries as shown below.
material code and target quantity. E.g. STJRM001 and 10000 respectively
maintain the pricing conditions
click on item serial number to enter item detail tax
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