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difference between Sales Contract and Sales Agreement

Hi,

I am confuse with contract and agreement. Please let me know what is exact difference between Sales Contract and Sales Agreement, when the sales contract will be used and in which real time situation, the sale agreement will come into picture.

Please do needful.

Thanks and Regards,

Venkat

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  • Posted on Aug 24, 2011 at 04:59 PM

    Hi Venkat,

    See documentation http://help.sap.com/saphelp_crm70/helpdata/en/46/377a08b2ea4bee8eb9f47e5c067064/frameset.htm for details on difference between contract and sales agreement - basically sales agreement dont have a quantity or value whereas contracts do. Agreements are mainly for pricing terms. These pricing terms can then be brought into the sales/service transaction.

    There are standard transaction types for these WK1 WV in ERP and CRM.

    Hope this helps.

    Kind regards,

    Vanessa

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