What is contract release order in SAP SD - Sales and Distribution?

SAP Term: contract release order

• Component: SD

• Component Name: Sales and Distribution

• Description: A form of order that a customer uses to request from a vendor part of the total quantity or value of goods or services agreed in a contract. A release order contains information on quantities and delivery dates.

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• Key Concepts: 
  A Contract Release Order is a document used in SAP Sales and Distribution (SD) to confirm the delivery of goods or services to a customer. It is used to release the goods or services from the contract and is usually created after the customer has accepted the delivery. The Contract Release Order also serves as a record of the transaction and can be used for billing purposes. 
  
  How to use it: 
  In SAP SD, a Contract Release Order is created when a customer has accepted the delivery of goods or services. The Contract Release Order is then used to release the goods or services from the contract and can be used for billing purposes. The Contract Release Order can also be used to track the status of the delivery and any changes that may have been made to it. 
  
  Tips & Tricks: 
  When creating a Contract Release Order in SAP SD, it is important to ensure that all relevant information is included in the document. This includes the customer’s name, address, contact details, and any other relevant information that may be required for billing purposes. It is also important to ensure that all changes made to the delivery are documented in the Contract Release Order. 
  
  Related Information: 
  The Contract Release Order is closely related to other documents used in SAP SD such as Delivery Notes, Invoices, and Credit Memos. It is important to understand how these documents interact with each other in order to ensure that all transactions are properly documented and tracked.