This feature allows you to manage the terms of a service between a supplier and a business partner. These conditions can be evoked through solution offers and subscription orders. Master`s contracts help build long-term relationships with business partners using products and prices specific to needs. The price of the item that was copied into the supplier`s position from the price agreement of the product contract. record. The basic agreement may include agreements on products, prices, discounts and the invoice-making process. It also includes additional parties (represented by counterparties) who can sign individual contracts under the terms of the framework contract. A basic contract may contain the following: A specific list of products subject to the terms of the basic agreement. These can include standard product numbers, product numbers and custom product names. Products are often the right to use certain supplier services at specific prices.
Replicating the basic agreement to FI-CA in SAP S/4HANA, here you can refuse agreements such as the billing agreement and the discount agreement. SAP Hybris Billing Certification Training offers you in-depth knowledge of loading expenses, basic data, order management, etc. With this training, you can quickly understand the different business processes. SAP Hybris Billing gives you the ability to maintain changes so you can modernize your business to deliver a better customer experience, find new revenue streams and simplify the primary cash-to-cash process. It offers a combination of many billing streams and allows the invoice to a single invoice. It supports comprehensive income management practices. Once the status of the master contract has been passed, it is no longer possible to create a supplier contract. You set up system parameters for master contracts in customizing for contractual accounts of debtors and liabilities under contract master of basic function. You can find more information in the documentation on the various customizing activities. In a framework contract, you define the fundamental elements and conditions of individual dependent contracts (supplier contracts). In addition, you can refer to contractual rules regulating the activity resulting from these individual contracts. Add the products that are part of the agreement.
Select the “Edit” button. The items listed facilitate the conclusion of individual contracts and make the elements relating to a basic contract transparent. You need inputs of these components mainly in SAP CRM and so you make these inputs. The necessary elements in SAP ERP are automatically replicated in the ERP system. These items are the list of products and counterparties in the basic agreement. A list of all parties (counterparts) entitled to sign individual contracts relating to the master`s agreement. In the ERP system, you add to the basic agreement the elements needed for the billing or subsequent refresh processes. You make these entries in the form of the following agreements: Access the terms defined in the basic agreement by creating solution offers and subscription orders as call supporting documents.
A framework contract is a contractual agreement between a service provider and a commercial customer. Billing and billing assess the elements of the agreements in the basic agreement. However, the core agreement agreement areas are not automatically available in the billing and billing documentation. If you want to use master contracts, you need to add these fields with a prepared extension to the billing head and billing head.