What is 'characteristic' in SAP LO-AGR-CC - Commodity Contracts, Expenses, Basic Functions?

characteristic - Overview

• Component: LO-AGR-CC

• Component Name: Commodity Contracts, Expenses, Basic Functions

• Description: A factor, such as moisture or foreign material content, to which a premium or discount, or accept or reject value can be applied.

characteristic - Details

• 
  Key Concepts: 
  A characteristic is a feature of a commodity contract in SAP LO-AGR-CC that is used to describe the contract. Characteristics are used to differentiate between different types of contracts and can include information such as the type of commodity, the quantity, and the delivery date. 
  
  How to use it: 
  Characteristics are used to create a contract in SAP LO-AGR-CC. When creating a contract, the user must enter the relevant characteristics for that contract. This information will then be used to differentiate between different types of contracts and to ensure that the correct contract is selected when needed. 
  
  Tips & Tricks: 
  When entering characteristics for a contract, it is important to ensure that all relevant information is entered accurately. This will help to ensure that the correct contract is selected when needed and that any discrepancies between contracts can be easily identified. 
  
  Related Information: 
  For more information on characteristics in SAP LO-AGR-CC, please refer to the SAP Help documentation.