12 Sep Blanket Agreement Sap B1
If all the agreements indicated in the positions of the sales contract are fully respected by the customer (all items are shipped), the sales cover contract is concluded and the customer cannot create another order on the basis of the sales cover agreement. You also see the unit of quantity. This gives me a quick idea of what they have already learned from this framework agreement. So out of the hundreds, I`ve already drawn a unit, we see the cumulative balance of $700, the open quantity of 99, and then we see the open sales in a few other areas there. So it`s very similar to creating another order of documents, a sales order in the system, but we set up a long-term agreement, and then the framework agreement follows all that. So we have this agreement here. It`s the year 2018. I have the signing date because I ended up unsubscribing. And then we have to do things like give a description.
And it makes life easier if you apply items to a sales order to understand which framework agreement is being applied. You can assign multiple framework agreements to a customer or supplier, so just be careful with this descriptor. Just to make sure, for example, that you apply the right framework agreement to a sales order. Here are some restrictions you might need to know if you want to use sales contracts. So it`s a good tool just to see how you`re following, and if you have a regular meeting or meet with your clients, you can see them following what was agreed at the beginning of the year or at the beginning of the framework agreement and adapt accordingly. We will also talk about lump sum agreements. Now, lump sum deals are a very handy tool if you know what it can actually accomplish. Generally, long-term newcomers, either with your customers and suppliers, so there are other names that could be mentioned as a call outside the order or a lump sum order. There are a number of names, but actually it is a long-term agreement with a trading partner. And you can recover this agreement for a certain period of time. I will give you a few examples.
The other area we are talking about today is lump sum agreements, which is what is a flat-rate agreement. This can be prior proof of the customer`s order if it is on the distribution side of the system. And there are a number of ways to set up a framework agreement. But if it is put in place in some way, the framework agreement can totally put an end to the price hierarchy that the system has. . . .