What is contract item in SAP AP-CCM - SRM-Catalog Content Management?

SAP Term: contract item

• Component: AP-CCM

• Component Name: SRM-Catalog Content Management

• Description: An entry in a contract catalog that represents a product contained within that catalog. Each contract item has characteristics, which contain information about the product. Contract item characteristics include the ID of the contract and the discounts granted for the item as a percentage, or as an absolute price.

Smart SAP Assistant

• Key Concepts: 
  A contract item is a type of item that is used in SAP SRM-Catalog Content Management (AP-CCM). It is a specific type of item that is used to define the terms and conditions of a contract between two parties. It contains information such as the item description, quantity, unit of measure, price, and delivery date. 
  
  How to use it: 
  Contract items are used to define the terms and conditions of a contract between two parties. They can be created in SAP SRM-Catalog Content Management (AP-CCM) by entering the relevant information such as the item description, quantity, unit of measure, price, and delivery date. Once created, the contract item can be used to create a contract between two parties. 
  
  Tips & Tricks: 
  When creating a contract item in SAP SRM-Catalog Content Management (AP-CCM), it is important to ensure that all relevant information is entered accurately. This will ensure that the contract item is valid and can be used to create a valid contract between two parties. 
  
  Related Information: 
  Contract items are related to other types of items such as material items and service items. Material items are used to define physical goods that are being purchased or sold, while service items are used to define services that are being provided or purchased.