What is price agreement in SAP SRD-CRM - CRM-Customer Relationship Management?

SAP Term: price agreement

• Component: SRD-CRM

• Component Name: CRM-Customer Relationship Management

• Description: A contractual agreement between company and customer defining the customer’s purchasing requirements and the predetermined price of products.

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• Key Concepts: 
  A price agreement in SAP Customer Relationship Management (CRM) is a contract between a customer and a vendor that outlines the terms of a sale. It includes the agreed-upon price, payment terms, delivery terms, and other conditions. The agreement is stored in the SAP system and can be used to generate sales orders and invoices.
  
  How to Use it: 
  To create a price agreement in SAP CRM, you must first define the customer and vendor in the system. Then, you can create the agreement by entering the details such as the agreed-upon price, payment terms, delivery terms, and other conditions. Once the agreement is saved, it can be used to generate sales orders and invoices.
  
  Tips & Tricks: 
  When creating a price agreement in SAP CRM, make sure to include all relevant details such as discounts, taxes, and other conditions. This will ensure that all parties involved are aware of the terms of the agreement. Additionally, it is important to review the agreement regularly to ensure that it is up-to-date with any changes in pricing or other conditions.
  
  Related Information: 
  For more information on creating price agreements in SAP CRM, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/CRM/7.0/en-US/f9f3d8a2b6c14e8a9f3d8a2b6c14e8a9f3d8a2b6c14e8a9f3d8a2b6c14e8a9f3d8a2b6c14e8a9f3d8a2b6c14e8a9f3d8a2b6c14e8a9f3d8a2b6c14e8a9f3d8a2b6c14e8a9f3d8a2b6c14e8a9f3d8a2b6c14e8a9f3d8a2b6c14e8aa1/index.html?topic=%2Fcom.sap.crm.ui.help%2Fdocu_crm_ui_price_agreement_create_edit_delete_copy_display_list_view_change_status_delete_all_items_from_agreement%2Fdocu_crm_ui_price_agreement_create_edit_delete_copy_display_list_view_change_status_delete_all_items