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  1. SAP Glossary
  2. FDN-Business Partner Data Management
  3. Procurement Arrangement


What is Procurement Arrangement in SAP AP-BP - FDN-Business Partner Data Management?


SAP Term: Procurement Arrangement

  • Component: AP-BP

  • Component Name: FDN-Business Partner Data Management

  • Description: An arrangement between a strategic purchasing unit and a supplier that is used for procurement transactions. This arrangement contains, for example, payment terms, invoice currency, and incoterms. This arrangement does not constitute a contract with the supplier.


Smart SAP Assistant

  • Key Concepts: 
    Procurement Arrangement is a component of the SAP Business Partner Data Management (AP-BP FDN) module. It is used to manage the procurement process for goods and services from external vendors. It enables users to create and manage contracts, purchase orders, and other documents related to the procurement process. 
    
    How to use it: 
    Procurement Arrangement can be used to create and manage contracts, purchase orders, and other documents related to the procurement process. It also allows users to track the status of orders, view vendor information, and generate reports. Additionally, it can be used to set up payment terms and conditions for vendors. 
    
    Tips & Tricks: 
    When creating a contract or purchase order, it is important to ensure that all relevant information is included. This includes the vendor’s contact information, payment terms, delivery dates, and any other relevant details. Additionally, it is important to review all documents before they are sent out to ensure accuracy. 
    
    Related Information: 
    Procurement Arrangement is part of the SAP Business Partner Data Management (AP-BP FDN) module. Other components of this module include Customer Relationship Management (CRM), Supplier Relationship Management (SRM), and Vendor Relationship Management (VRM). Additionally, Procurement Arrangement can be integrated with other SAP modules such as Materials Management (MM) and Financial Accounting (FI).
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