Contract

	Scheduling Agreement

Contract The contract is draft agreement, and they do not include delivery dates for the material. Contract is two types :

Quantity Contract: This contract considered to fulfilled when the company supplied an agreed total quantity of materials against the contract.

Value Contract: This contract considered to fulfilled when the company supplied agreed total value of material against the contract.

Create Quantity Contract

Step-1

	Enter T-code ME31K in the command field.

	Enter Vendor / Agreement Type (MK- Quantity Contract) / Agreement Date.

	Enter Purchase Org.,  Purchasing Group in organizational data.

Step-2 Enter Validity End date of contract  in header data screen.

Step-3

	Enter Material ,Target quantity (A quantity for which quantity contract being created) and net price

	Click On Save Button.




A message as  will be displayed. 

Create Scheduling agreement

The scheduling agreement is a long-term purchase agreement with the vendor in which a vendor  is bound for supplying of material according to predetermined conditions. Details of the delivery date and quantity  communicated to the vendor  in the form of the delivery schedule. Step-1

	Enter T-code ME31 in command field.

	Enter Vendor / Agreement Type (LP- Scheduling agreement) / Agreement Date.

	Enter Purch. Organization / Purchasing group.

Step-2 Enter Validity End Date in header screen.

Step-3 Enter Material / Target Quantity / Net Price / Plant in Item Overview Screen.

Step-4 Enter Exclusion in next screen .

Step-5 Get back previous screen item overview and click on save button. A message as below –