What is master condition in SAP SRM-EBP - Enterprise Buyer?

SAP Term: master condition

• Component: SRM-EBP

• Component Name: Enterprise Buyer

• Description: A master condition specifies a price and/or discount independently from the business transaction for example purchase. It has master data characteristics. A master condition can be stored in the following objects: Contract As a contractual agreement between a purchaser and a supplier, the contract is the most important object for a master condition. Catalog Product link Produkt

Smart SAP Assistant

• Key Concepts: 
  Master conditions are a feature of SAP SRM-EBP Enterprise Buyer Professional that allow users to create and store conditions for goods and services. These conditions can be used to define the terms of a purchase, such as the price, delivery date, payment terms, and more. The master conditions are stored in a central repository and can be reused for multiple purchases. 
  
  How to use it: 
  To use master conditions, users must first create them in the central repository. This can be done by entering the desired conditions into the appropriate fields. Once created, the master condition can be selected when creating a purchase order. The conditions will then be applied to the purchase order automatically. 
  
  Tips & Tricks: 
  When creating master conditions, it is important to ensure that all relevant information is included. This will help to ensure that all purchases are made under the same terms and conditions. Additionally, it is important to keep the master condition up-to-date with any changes in pricing or other terms. 
  
  Related Information: 
  For more information on master conditions in SAP SRM-EBP Enterprise Buyer Professional, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on using this feature.