What is subcontract in SAP FS-AM - Account Management?

SAP Term: subcontract

• Component: FS-AM

• Component Name: Account Management

• Description: A contract assigned to a card pool.

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• Key Concepts: 
  Subcontracting is a process in SAP FS-AM Account Management that allows a company to outsource certain tasks or services to another company. This process involves the transfer of goods or services from one company to another, and the payment of an agreed-upon fee for the services provided. The subcontractor is responsible for providing the goods or services, while the company that outsources the work is responsible for paying the subcontractor. 
  
  How to use it: 
  In SAP FS-AM Account Management, subcontracting is used to manage the transfer of goods or services from one company to another. The process begins with the creation of a subcontracting agreement between the two companies. This agreement outlines the terms and conditions of the subcontracting arrangement, including payment terms, delivery dates, and any other relevant information. Once the agreement is in place, the subcontractor can begin providing goods or services to the company that outsourced them. 
  
  Tips & Tricks: 
  When creating a subcontracting agreement in SAP FS-AM Account Management, it is important to ensure that all relevant information is included in the agreement. This includes payment terms, delivery dates, and any other relevant information. Additionally, it is important to ensure that all parties involved in the subcontracting arrangement are aware of their responsibilities and obligations under the agreement. 
  
  Related Information: 
  For more information on subcontracting in SAP FS-AM Account Management, please refer to SAP's official documentation on Subcontracting (https://help.sap.com/viewer/product/FS_AM/latest/en-US/f9f8d7a2b3e14c8a9f3d7c6b2e5f9a1d.html). Additionally, there are several online resources available that provide detailed information on how to use subcontracting in SAP FS-AM Account Management.