Contracts define the terms and the span of long-term commitments between companies and customers. In this video, examine how to create a contract in SAP using transaction code VA41.
- [Narrator] Contracts are a type … of outline agreement in SAP. … They define the terms and time span of long-term commitments … between companies and customers. … Let's create a contract in SAP using transaction code VA41, … and pressing Enter. … The first step is to select the Contract Type. … We'll click the match code button to see our options. … There are two types of contracts available in our system. … The Quantity Contract is where the overall value … is specified, in terms of total quantity, … to be supplied to the customer. … The Value Contract is where the overall value … is specified in terms of total amount, … to be paid by the customer. … We want to create a Quantity Contract, … so we'll double-click CQ, for Quantity Contract. … If there was another sales document in the system … that we wanted to reference, … like a sales order, or a quotation, … we could press the Create with Reference button. … We're going to create this contract without reference, … so we'll press continue. …
- Defining an organizational structure for SAP
- Key elements of master data in SAP SD
- Creating sales inquiries, quotations, and orders
- Shipping and transportation processes
- Creating invoices
- Running billing and returns reports
Skill Level Intermediate
SAP Financials Essential Trainingwith Justin Valley1h 36m Beginner
Learning SAP MM (Materials Management)with Justin Valley1h 13m Intermediate
1. Sales and Distribution Overview
2. Master Data
5. Billing and Returns
- Mark as unwatched
- Mark all as unwatched
Are you sure you want to mark all the videos in this course as unwatched?
This will not affect your course history, your reports, or your certificates of completion for this course.Cancel
Take notes with your new membership!
Type in the entry box, then click Enter to save your note.
1:30Press on any video thumbnail to jump immediately to the timecode shown.
Notes are saved with you account but can also be exported as plain text, MS Word, PDF, Google Doc, or Evernote.