master contract

[Former Member]

Can somebody guide me regarding configuration of master contract

regards

subha

[Former Member]

Hi

Master Contract consists of other contracts that are grouped as lower level contracts. Thus, the master contract has the general data that is relevant for all lower level contracts over a specified period.

Contracts are groups in order to ensure that all data in the lower level contracts remain consistent and that granted in the

master contract are copied into the lower level contracts.

These lower level contracts are any contracts (value contract, Quantity contract, Rental contract) that are assigned to this Master contract.

Refer below link for Further Details

[Master Contract |]

[Former Member]

Hi,

Pl follow the doc. which may be helpful to U

Creating Master Contracts

Procedure

1. In the initial screen, choose Logistics - Sales and distribution - Sales.

2. Choose Contract -Create.

3. In the Contract field, choose the contract type Master contract (GK is the master contract type in the standard system) and, if necessary, the organizational data. The values for sales organization, distribution channel, and division may be proposed from the user parameters. Entries for the sales office and sales group are optional.

4. Choose Enter.

5. Enter the number of the sold-to party in the Sold-to party field.

6. Choose Enter.

7. Check the data on the following screens and, if necessary, enter additional data:

u2013 Business data

u2013 Partner

u2013 Contract data

u2013 Billing plan

8. Save the document.

Result

The system issues a message informing you of the number under which it has saved your master contract. You can now link contracts to the master contract.

Linking a Contract to a Master Contract

Procedure

1. On the initial screen, choose Logistics - Sales and distribution - Sales.

2. Choose Outline agreement - Contract - Create.

You can also link existing contracts to master contracts. In this case, choose Outline agreement - Contract - Change. Then enter the contract number and go to step 6.

3. Enter the contract type and, if necessary, the organizational data.

The values for sales organization, distribution channel, and division may be proposed from the user parameters. Entries for the sales office and the sales group are optional.

4. Choose Enter.

If you have activated the check for existing master contracts in Customizing and master contracts already exist for the customer, a dialog box appears. You can branch from the dialog box into the list of master contracts and select a suitable master contract from the list by placing the cursor on the master contract and choosing Copy.

If no dialog box appears, you reach the contract overview screen. Either enter a master contract number or search for a suitable master contract using a matchcode.

5. Choose Enter.

The system determines whether the reference is valid by checking that

u2013 The contract type can refer to the master contract type

u2013 The identical fields match

If the reference is valid, the system copies the data from the master contract into the contract according to the referencing procedure assigned to the master contract.

If the reference is not valid, the system issues an error message. If the identical fields do not match, it deletes the number in the Master contract field. In this case, either enter a suitable master contract number or check the settings in the Customizing activity Define Referencing Requirements.

6. Enter any other data you require.

The referencing procedure in the master contract controls whether you can change the data which was copied from the master contract.

7. Save the document.

Result

The system issues a message informing you of the number under which it has saved the contract. The contract is linked to the master contract. The referencing procedure in the master contract controls how the system reacts when changes are made to either the master or lower level contract.

Once a contract has been linked to a master contract, you can no longer change the referencing procedure in the master contract.

rajib

[Former Member]

Dear Rajib,

I have done the config,now when i am entering the master contract in the my lower level contract,at this time below message comes,

Check field: Unit validity period

- Master Record: 3

- Lower level contract: 4

Reference from group master contract deleted

Pls guide me on this,

[Former Member]

Dear All,

In the Master data Document flow its shows all lower level contract & agains them any order is present show it also shows orders also,

But it doesn't show the bill if its already generated for the sales order,

Is there any possibality to show bill in the master data document flow itself,as its end with sales order.

[Former Member]

Step 1: Go to VA41

Specify the document type=GK

specify the sold-to-party

specify the description

specify the start date =01

specify the end date=10

save it and note down the master contract number

Step2: again go to VA41

and raise the child contract for example quantity contract

specify the description

specify the start date and end date(like master contract validity periods)

and assign Master contract number that was created in the previous step

save it and exit

go to VA42 of master contract and check qty contract has been assigned or not