From the course: Learning SAP SD (Sales and Distribution)

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Create a contract in VA41

Create a contract in VA41 - SAP ERP Tutorial

From the course: Learning SAP SD (Sales and Distribution)

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Create a contract in VA41

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- [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. The first field we'll enter on our…

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