What is accumulate to own in SAP LO-AGR-APP - Application and Call Off?

SAP Term: accumulate to own

• Component: LO-AGR-APP

• Component Name: Application and Call Off

• Description: A type of commodity contract that is mainly used for commodity purchase from vendors in an unplanned scenario. This is a type of spot contract in which the accumulation occurs over a period of time before the 'Readyto Price' indicator is set. An accumulate to own contract is created after receiving the first load from a vendor; then the quantities from further loads are accumulated or updated to that contract.

Smart SAP Assistant

• Key Concepts: 
  Accumulate to own is a feature of the LO-AGR-APP Application and Call Off component of SAP. It allows users to accumulate goods from multiple vendors into one purchase order, and then assign the goods to a single vendor. This helps to reduce the number of purchase orders that need to be created and managed. 
  
  How to use it: 
  To use the accumulate to own feature, users must first create a purchase order for the goods they wish to accumulate. Then, they can assign the goods to a single vendor by selecting the “accumulate to own” option in the purchase order. This will allow them to manage all of the goods in one purchase order, rather than having to create multiple orders for each vendor. 
  
  Tips & Tricks: 
  When using the accumulate to own feature, it is important to ensure that all of the vendors involved are aware of the purchase order and have agreed to the terms. This will help ensure that all of the goods are delivered on time and that there are no misunderstandings between vendors. 
  
  Related Information: 
  The accumulate to own feature is part of SAP’s LO-AGR-APP Application and Call Off component. This component also includes features such as call offs, which allow users to assign goods from a single purchase order to multiple vendors. Additionally, this component includes features such as vendor selection, which allows users to select vendors based on criteria such as price or delivery time.