What is agreement in SAP SD - Sales and Distribution?

SAP Term: agreement

• Component: SD

• Component Name: Sales and Distribution

• Description: A contract with the customer that is defined in the system. Agreements can be defined: In the customer master record - for example, dates of required payments In an individual document - for example, customer-material information, contracts As a group of conditions that only apply to one specific customer - for example, rebate agreement or sales deal

Smart SAP Assistant

• Key Concepts: 
  An agreement in SAP Sales and Distribution (SD) is a long-term contract between a customer and vendor that outlines the terms of a sale. It includes details such as pricing, payment terms, delivery dates, and other conditions. The agreement is used to create sales orders and billing documents. 
  
  How to Use it: 
  Agreements are created in the SAP system by entering the relevant details into the agreement master data. This data is then used to generate sales orders and billing documents. The agreement can also be used to track customer orders and monitor performance. 
  
  Tips & Tricks: 
  When creating an agreement, it is important to ensure that all relevant details are entered accurately. This will help ensure that the agreement is valid and can be used to generate accurate sales orders and billing documents. 
  
  Related Information: 
  For more information on agreements in SAP SD, please refer to the SAP Help Portal or contact your local SAP consultant.