What is productive contract in SAP FS-AM-CM - Contract Management?

SAP Term: productive contract

• Component: FS-AM-CM

• Component Name: Contract Management

• Description: A contract that is fully managed in Account Management or Master and that is the basis for all business activities and processes.

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• Key Concepts: 
  A productive contract is a type of contract in SAP Contract Management (FS-AM-CM) that is used to manage the contractual relationship between two parties. It is used to define the terms and conditions of the agreement, such as payment terms, delivery dates, and other contractual obligations. The contract can be used to track the progress of the agreement and ensure that all parties are meeting their obligations. 
  
  How to use it: 
  In SAP Contract Management, a productive contract is created by entering the details of the agreement into the system. This includes information such as the parties involved, payment terms, delivery dates, and other contractual obligations. Once the contract is created, it can be monitored and tracked to ensure that all parties are meeting their obligations. 
  
  Tips & Tricks: 
  When creating a productive contract in SAP Contract Management, it is important to ensure that all of the details are accurate and up-to-date. This will help to ensure that all parties are meeting their obligations and that any changes or updates to the agreement can be tracked easily. 
  
  Related Information: 
  For more information on SAP Contract Management and how to create productive contracts, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed tutorials on how to use SAP Contract Management.