What is clause in SAP SRM-EBP-CON - Contract Management?

SAP Term: clause

• Component: SRM-EBP-CON

• Component Name: Contract Management

• Description: Textual attributes that outline legal requirements.

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• Key Concepts: 
  A clause is a section of a contract that outlines the rights and obligations of the parties involved. In SAP SRM-EBP-CON Contract Management, clauses are used to define the terms and conditions of a contract. They can include information such as payment terms, delivery dates, and other important details. 
  
  How to use it: 
  Clause management in SAP SRM-EBP-CON Contract Management allows users to create, edit, and delete clauses. To create a clause, users must first select the type of clause they want to create. Then they can enter the details of the clause, such as payment terms or delivery dates. Once the clause is created, it can be added to a contract. 
  
  Tips & Tricks: 
  When creating clauses in SAP SRM-EBP-CON Contract Management, it is important to ensure that all relevant information is included. This will help ensure that all parties involved understand their rights and obligations under the contract. Additionally, it is important to review clauses regularly to ensure that they are up-to-date and accurate. 
  
  Related Information: 
  For more information on clause management in SAP SRM-EBP-CON Contract Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide helpful tips and tricks for using this software.