What is released quantity in SAP SRD-SRM-SC - SRM-Sourcing and Contracting?

SAP Term: released quantity

• Component: SRD-SRM-SC

• Component Name: SRM-Sourcing and Contracting

• Description: The quantity that has been released against a contract by a purchase order.

Smart SAP Assistant

• Key Concepts: 
  Released quantity is a term used in SAP SRM-Sourcing and Contracting. It is the amount of goods or services that have been approved for delivery by the buyer. The released quantity is the amount that will be invoiced and paid for. 
  
  How to use it: 
  The released quantity is used to track the amount of goods or services that have been approved for delivery. It is also used to track the amount that will be invoiced and paid for. The released quantity can be adjusted by the buyer at any time before the invoice is created. 
  
  Tips & Tricks: 
  It is important to keep track of the released quantity as it can affect the amount that will be invoiced and paid for. It is also important to ensure that the released quantity is accurate before creating an invoice. 
  
  Related Information: 
  The released quantity can be found in the SAP SRM-Sourcing and Contracting module under the “Released Quantity” tab. This tab can be accessed by navigating to the “Contracts” tab and then selecting “Released Quantity” from the drop-down menu.