What is multiple-contract maintenance in SAP IS-U-MD - Master Data?

SAP Term: multiple-contract maintenance

• Component: IS-U-MD

• Component Name: Master Data

• Description: Simultaneous maintenance of all contracts of a contract account that have not been terminated. With the exception of move-in and move-out data, all data for the contracts of a contract account can be changed and checked for consistency using this function.

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• Key Concepts: 
  Multiple-contract maintenance is a feature of the SAP IS-U-MD Master Data component that allows customers to maintain multiple contracts for a single customer. This feature enables customers to manage multiple contracts for a single customer, such as contracts for electricity, gas, and water. It also allows customers to manage different contract types, such as fixed-term and variable-term contracts. 
  
  How to use it: 
  To use multiple-contract maintenance, customers must first create a master contract for the customer. This master contract will contain all of the customer's contracts and will be used to manage the customer's contracts. Customers can then create additional contracts for the customer and assign them to the master contract. Customers can also view and edit existing contracts from the master contract. 
  
  Tips & Tricks: 
  When creating a new contract, customers should ensure that all of the necessary information is included in the contract, such as the start date, end date, and any applicable discounts or fees. Additionally, customers should ensure that all of the contracts are linked to the master contract so that they can be easily managed. 
  
  Related Information: 
  For more information on multiple-contract maintenance in SAP IS-U-MD Master Data, please refer to SAP Help documentation or contact your local SAP support team.