What is Schedule Contract Settlement - External Agent Contracts in SAP LO-AB - Agency Business (Global Trade)?

SAP Term: Schedule Contract Settlement - External Agent Contracts

• Component: LO-AB

• Component Name: Agency Business (Global Trade)

• Description: App to schedule jobs for the settlement of condition contracts for external agents.

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• Key Concepts: 
  Schedule Contract Settlement - External Agent Contracts is a component of the LO-AB Agency Business (Global Trade) module in SAP. It enables companies to manage external agent contracts and settlements with external agents. This includes the ability to create, maintain, and settle contracts with external agents. 
  
  How to use it: 
  The Schedule Contract Settlement - External Agent Contracts component can be used to create and maintain contracts with external agents. This includes setting up the contract terms, such as payment terms, commission rates, and other details. Once the contract is created, it can be used to track payments and settlements with the external agent. 
  
  Tips & Tricks: 
  When creating a contract with an external agent, it is important to ensure that all of the details are accurate and up-to-date. This will help ensure that payments and settlements are processed correctly. Additionally, it is important to review the contract periodically to ensure that it is still valid and up-to-date. 
  
  Related Information: 
  For more information on Schedule Contract Settlement - External Agent Contracts, please refer to the SAP Help Portal or contact your local SAP representative.