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

open quantity - Overview

• Component: LO-AGR-CC

• Component Name: Commodity Contracts, Expenses, Basic Functions

• Description: The quantity available for consumption from a commodity line item of a contract.

open quantity - Details

• 
  Key Concepts: 
  Open quantity is a term used in SAP LO-AGR-CC Commodity Contracts, Expenses, Basic Functions. It is the amount of a commodity that has been ordered but not yet delivered. Open quantity is used to track the amount of a commodity that has been ordered but not yet received. 
  
  How to use it: 
  Open quantity can be used to track the amount of a commodity that has been ordered but not yet received. This information can be used to ensure that the correct amount of a commodity is delivered and that any discrepancies are addressed. It can also be used to track the progress of an order and ensure that it is delivered on time. 
  
  Tips & Tricks: 
  It is important to keep track of open quantity in order to ensure that the correct amount of a commodity is delivered and that any discrepancies are addressed. It is also important to monitor open quantity in order to ensure that orders are delivered on time. 
  
  Related Information: 
  Open quantity is related to other terms such as delivery quantity, which is the amount of a commodity that has been delivered, and order quantity, which is the amount of a commodity that has been ordered. It is also related to terms such as inventory management, which is the process of tracking and managing inventory levels.