What is 'quantity contract' in SAP SD - Sales and Distribution?

quantity contract - Overview

• Component: SD

• Component Name: Sales and Distribution

• Description: Agreement that the customer will order a certain quantity of a product from you during a specified period. The contract does not contain a schedule of specific delivery dates.

quantity contract - Details

• 
  Key Concepts: 
  A quantity contract in SAP Sales and Distribution (SD) is an agreement between a customer and a vendor that sets out the terms of a purchase. It specifies the quantity of goods to be purchased, the price, and the delivery date. The contract also includes any discounts or other incentives that may be offered. 
  
  How to use it: 
  In SAP SD, a quantity contract is created in the Sales Order (VA01) transaction. The customer and vendor information must be entered, as well as the quantity of goods to be purchased, the price, and the delivery date. Once the contract is created, it can be used for future orders. 
  
  Tips & Tricks: 
  When creating a quantity contract in SAP SD, it is important to ensure that all of the information is accurate. This includes the customer and vendor information, as well as the quantity of goods to be purchased, the price, and the delivery date. It is also important to ensure that any discounts or other incentives are included in the contract. 
  
  Related Information: 
  For more information on quantity contracts in SAP SD, please refer to SAP Help documentation at https://help.sap.com/viewer/product/SAP_ERP_SD/6.0/en-US.