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Former Member

master contract

hi,

what is master contract?and how it will configure in sd

regards

venkatesh

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  • author's profile photo Former Member
    Former Member
    Posted on Oct 11, 2008 at 09:28 AM

    Hi Venkatesh,

    1) The master contract is a document under which you can group contracts as lower level contracts. It contains the general terms which apply for all the lower level contracts over a specified period.

    2) In the master contract, you can record:

    u2022 Business data

    u2022 Partner data

    u2022 Contract data

    u2022 Billing plan data

    3) Creating Master Contracts

    Procedure:

    1. In the initial screen, choose Logistics  Sales and distribution  Sales.

    2.Choose Contract Create.

    3.In the Contract field, choose the contract type Master contract (GK is the master contract type in the standard system) and, if necessary, the organizational data.

    The values for sales organization, distribution channel, and division may be proposed from the user parameters. Entries for the sales office and sales group are optional.

    4.Choose Enter.

    5. Enter the number of the sold-to party in the Sold-to party field.

    6. Choose Enter.

    7. Check the data on the following screens and, if necessary, enter additional data:

    u2013 Business data

    u2013 Partner

    u2013 Contract data

    u2013 Billing plan

    4) Linking a Contract to a Master Contract

    Procedure:

    On the initial screen, choose Logistics ->Sales and distribution ->Sales.

    Choose Outline agreement ->Contract ->Create.

    You can also link existing contracts to master contracts. In this case, choose Outline agreement ->Contract ->Change. Then enter the contract number and go to step 6.

    Enter the contract type and, if necessary, the organizational data.

    The values for sales organization, distribution channel, and division may be proposed from the user parameters. Entries for the sales office and the sales group are optional.

    Choose Enter.

    If you have activated the check for existing master contracts in Customizing and master contracts already exist for the customer, a dialog box appears. You can branch from the dialog box into the list of master contracts and select a suitable master contract from the list by placing the cursor on the master contract and choosing Copy.

    If no dialog box appears, you reach the contract overview screen. Either enter a master contract number or search for a suitable master contract using a matchcode.

    Choose Enter.

    The system determines whether the reference is valid by checking that

    u2013 The contract type can refer to the master contract type

    u2013 The identical fields match

    If the reference is valid, the system copies the data from the master contract into the contract according to the referencing procedure assigned to the master contract.

    If the reference is not valid, the system issues an error message. If the identical fields do not match, it deletes the number in the Master contract field. In this case, either enter a suitable master contract number or check the settings in the Customizing activity Define Referencing Requirements.

    Enter any other data you require.

    The referencing procedure in the master contract controls whether you can change the data which was copied from the master contract.

    Hope it helps!

    Thanks!

    Preethi.

    Edited by: preethi R on Oct 11, 2008 11:28 AM

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