What is contract quantity in SAP LO-AGR-CC - Commodity Contracts, Expenses, Basic Functions?

SAP Term: contract quantity

• Component: LO-AGR-CC

• Component Name: Commodity Contracts, Expenses, Basic Functions

• Description: The gross quantity of a commodity in a pricing trading contract, or in the case of umbrella tolerances if available, the trade quantity for the tolerance type per delivery period, per contract, and so on against which the tolerance is evaluated same commodity, delivery period, contract side, and so on.

Smart SAP Assistant

• Key Concepts: 
  Contract quantity is a term used in the LO-AGR-CC Commodity Contracts, Expenses, Basic Functions component of SAP. It is the amount of goods or services that are agreed upon in a contract between two parties. This amount is usually specified in the contract and cannot be changed without the agreement of both parties. 
  
  How to use it: 
  In SAP, contract quantity is used to track the amount of goods or services that have been agreed upon in a contract. This information can be used to ensure that the contract is fulfilled and that both parties are held accountable for their obligations. The contract quantity can also be used to calculate the total cost of the contract and to ensure that all payments are made on time. 
  
  Tips & Tricks: 
  When entering a contract quantity into SAP, it is important to make sure that it is accurate and up-to-date. This will help to ensure that all payments are made on time and that both parties are held accountable for their obligations. It is also important to keep track of any changes to the contract quantity as this could affect the total cost of the contract. 
  
  Related Information: 
  The LO-AGR-CC Commodity Contracts, Expenses, Basic Functions component of SAP also includes other terms such as delivery date, payment terms, and pricing conditions. It is important to understand how these terms interact with each other in order to ensure that all contracts are fulfilled correctly and on time.