The following figure shows the flexible search options provided through this SAP Fiori application. In our example, we did not add any search parameters to return all incomplete contracts. Sales Contract Fulfillment Rates is a powerful SAP Fiori application that enables management to identify contract fulfillment rates for sales organizations, customers, employees, and materials. The following example shows a completion rate of 61.13%. A purchase contract is information relating to quantity and value contracts. Therefore, it provides data on target values and contract quantities for specific customers or sales organizations. It contains validity periods and amounts released as well as details on the status of the contract, e.B whether the contract is opened, expired or rejected. If you run the Incomplete Purchase Agreement List app, you can easily check which documents and data are incomplete. A new version of this application, released in SAP S/4HANA 1809, allows users to identify contracts with various incompleteness issues. In short, the sales contract does not specify the quantity while mentioning the BP with the quantity in the purchase contract. For simple subscription scenarios where a customer pays a certain amount over a period of time, for example. B as a monthly payment over the course of a year, a value contract can be used to manage the process. The value agreement contains a settlement plan that is described at the item level.
Users can also quickly identify the top 10 contracts by target value. Other real-time data-driven mining features are available. Managers no longer have to wait for contracts to expire or periods to analyze purchase contracts. Additional customer information will be included in the contract, including sales, shipping, order number and contract validity dates. Validity dates are a mandatory element for contracts. Additional information such as the reason for the order, description and framework agreement can be added to the contract header details if necessary. The materials or services that are part of the contract will be added to the document with the specific quantity agreed. The agreed value for the products and services is also included in the contract. After you save the contract, you can access it again using the Edit Contract or View Contract applications in SAP Fiori. Check partner permissions This field is used for quantity contracts with release orders. In practice, there may be situations in which a customer designates only a few branches for release in relation to the purchase contract and SAP therefore provides you with the authorizations of verification partner in the field in the adaptation of the type of sales document. If you choose A in this field, SAP allows each partner in the quantity contract with the partner type AG (customer) or AA (authorized party) to release the contract.
If you select B in this field, any partner who occupies a position lower in the customer hierarchy than the counterparty sold in the contract can release the contract. If you leave this field blank, it is wide open to all partners to release the contract. General adjustments in purchase contracts We now explain the different customization settings that apply to all types of contractual documents. With SAP S/4HANA 1809, a new function for exporting to a spreadsheet has been added to the Manage Distribution Agreements application. With a new OData service, you can now retrieve purchase agreements blocked for negative credit checking and perform verification, read, and release operations. You can also update and delete sales contracts in the SAP Fiori frontend. Depending on your business needs, you can set up a service contract to bill for services in advance or late, in regular time buckets, as a one-time fee, or based on the completion of an event or milestone. A service contract also gives you the option to separate revenue from billing. You can invoice the customer in advance or late and record sales separately in the accounts in periodic compartments. The Manage Purchase Agreement application is used to process subscription agreements in SAP S/4HANA.
Below is a settlement of the contract over the course of a year through monthly payments based on a defined billing plan. These monthly payments are made by creating down payment application documents. Once all items have been delivered and outstanding balances have been settled, this subscription agreement can be concluded. Unlike a sales document, where you typically set up a price sheet before you create the transactional sales document, pricing for a contract can be configured when you create the contract document itself. This is really beneficial in situations where you enter into a fixed-amount contract with your client and leave very little room for setting up masters, as each contract has a different price and does not follow a price list/price list. .