What is OTB-relevant contract in SAP IS-R - SAP for Retail?

SAP Term: OTB-relevant contract

• Component: IS-R

• Component Name: SAP for Retail

• Description: Retail OTB reservation is carried out when an OTB-relevant contract is created or changed.

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• Key Concepts: 
  OTB-relevant contract is a type of contract used in the SAP for Retail component of the IS-R system. It is used to define the budget for a specific period of time, such as a fiscal year, and to monitor the actual spending against that budget. The OTB-relevant contract also allows for the creation of an order plan, which is used to forecast future orders and ensure that the budget is not exceeded. 
  
  How to use it: 
  To create an OTB-relevant contract, you must first define the budget for the period of time you are planning for. This can be done by entering the budget amount in the “Budget” field. Once this is done, you can create an order plan by entering the expected orders in the “Order Plan” field. Finally, you can monitor your actual spending against your budget by entering the actual orders in the “Actual Orders” field. 
  
  Tips & Tricks: 
  When creating an OTB-relevant contract, it is important to remember that it is only valid for one period of time. If you need to create a contract for multiple periods of time, you will need to create separate contracts for each period. Additionally, it is important to keep track of your actual spending against your budget so that you can make adjustments as needed. 
  
  Related Information: 
  For more information on OTB-relevant contracts and how to use them in SAP for Retail, please refer to SAP Help documentation or contact your local SAP support team.