Master contract

[Former Member]

Hello SAP Prof,

The master contract is a document under which you can group contracts as lower level contracts.

I could able to understand group contracts are value contract, Quantity contract, Rental contract.

But what is this lower level contracts.Could u plz explain it.

[Former Member · Accepted solution]

Hi Rajesh,

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

Hope this clarifies,

Regards

Nikhilesh

[Former Member]

Dear Rajesh,

A 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.