What is released quantity in SAP AP-PCP - SRM Purchasing Contract Processing?

SAP Term: released quantity

• Component: AP-PCP

• Component Name: SRM Purchasing Contract Processing

• Description: The quantity of an item purchased against a contract through a purchase order, goods and service acknowledgement or a scheduling agreement. After every purchase, the released quantity is maintained in the release history of that item.

Smart SAP Assistant

• Key Concepts: 
  Released quantity is a term used in SAP's AP-PCP SRM Purchasing Contract Processing component. It refers to the amount of goods or services that have been approved for delivery by the buyer and released to the supplier. This quantity is tracked in the system and can be used to monitor the progress of a contract. 
  
  How to use it: 
  The released quantity is used to track the progress of a contract. It is updated when goods or services are approved for delivery by the buyer and released to the supplier. The released quantity can be viewed in the system and used to monitor the progress of a contract. 
  
  Tips & Tricks: 
  It is important to keep track of the released quantity in order to ensure that all goods and services are delivered as agreed upon in the contract. This will help ensure that all parties involved are satisfied with the outcome of the contract. 
  
  Related Information: 
  The released quantity is related to other terms such as ordered quantity, delivered quantity, and invoiced quantity. These terms are all used to track the progress of a contract and ensure that all parties involved are satisfied with the outcome.