Outline Agreement

1) With which field do you control the creation of a scheduling agreement with release documentation?

a. Document Type
b. Release Creation Profile
c. JIT Indicator
d. Item Category

Which is the correct answer?

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2) Which information regarding contracts can you get directly from analytical SAP Fiori apps?

a. Unused contracts and Expiring contracts
b. Unapproved contracts and Low value contracts

Which is the correct answer?

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Explanation

An Outline agreement in SAPis a longer-term purchase agreement with a Supplier.

The agreement is valid for a certain period of time and cover a pre-defined total purchase quantity or value.

Delivery dates are not specific in outline agreements because this information is provided separately in release orders or rolling delivery schedules, depending on the type of agreement.

There are two types of Outline agreements into SAPS/4HANA Sourcing and Procurement:

  • Contract (Quantity contract or Value contract)
  • Scheduling agreement (Delivery schedule)
Contracts can also be created for a specific plant or for multiple plants belonging to the same purchasing organization. This is known as a Centrally agreed contact. It also allows you to stipulate separate prices and conditions for each receiving plant

Create Scheduling Agreement

  • Transaction code: ME31L
  • Menu path: SAP Easy Access -> Logistics -> Materials Management -> Purchasing -> Outline Agreement -> Scheduling Agreement
  • Agreement Type: LP (Scheduling Agreement)
  • Agreement Type: LPA (Scheduling Agreement with Release Documentation) - Allows the use of both JIT and Forecast delivery schedules
Maintain the Delivery Schedule
  • Transaction code: ME38
  • Menu path: SAP Easy Access -> Logistics -> Materials Management -> Purchasing -> Outline Agreement -> Scheduling Agreement -> Delivery Schedule
Answers: 

1) a

2) a
 

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Material Master Multiple Choice Questions Answers

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