What is guarantor contract in SAP IS-U-WA - Waste Management?

SAP Term: guarantor contract

• Component: IS-U-WA

• Component Name: Waste Management

• Description: The guarantor contract regulates the contract relationship between the producer, supplier and guarantor. It regulates the breakdown of waste disposal costs between producer and guarantor, and the breakdown, according to inventory management, of the disposed waste and recyclable material between supplier and guarantor. Only one waste fraction can be allocated to a guarantor contract.

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• Key Concepts: 
  A guarantor contract in SAP IS-U-WA Waste Management is a contract between a customer and a guarantor, such as a parent or guardian, that states the guarantor is responsible for any unpaid bills or fees incurred by the customer. The guarantor contract is used to ensure that the customer's bills are paid on time and in full. 
  
  How to use it: 
  In SAP IS-U-WA Waste Management, a guarantor contract can be created by entering the customer's details into the system. The system will then generate a contract that must be signed by both the customer and the guarantor. Once the contract is signed, it will be stored in the system and can be accessed at any time. 
  
  Tips & Tricks: 
  When creating a guarantor contract in SAP IS-U-WA Waste Management, it is important to ensure that all of the information entered into the system is accurate and up-to-date. This will help to ensure that the contract is legally binding and enforceable. Additionally, it is important to keep copies of all contracts in case they need to be referenced in the future. 
  
  Related Information: 
  For more information about guarantor contracts in SAP IS-U-WA Waste Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information about how to create and manage guarantor contracts in SAP IS-U-WA Waste Management.