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Former Member
Jan 28, 2011 at 10:44 AM

outline agreements

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Hello SDN,

I would like your help to confirm if my understanding is correct:

1. Scheduling agreement : Target is only based on Quantity and not value.

2. Both value and quantity contracts can contain other agreements like special price agreements, customer and material restrictions.

3. Value contracts can be billed partially at per Release order level or via a billing plan based on agreed payment terms like milestone payment or percentage completion payment.

Question :

1. what does it mean by "the system does not allow you to automatically bill value contracts that have not been completely released." May I know what does 'completely released' mean? Am i right to say the particular release order must be completely delivered?

Have a great day.

Tom