Contract Release value update
There in an option to update the release values in the central contract at item level for hierarchical items (services & limits). At the moment, the release values are updated only at the outline level and this causes incorrect values in the BI/BW reporting of contract consumption at the item level.
This feature enables you to activate the function that updates the release value of a hierarchical service line item under a central contract hierarchy.
At the time of assigning the contract as Source of Supply, user will be allowed to assign the service line item within the hierarchy. The system also updates the release value for the selected hierarchical service line item and updates the aggregated release value for the entire central contract hierarchy.
To use the feature, you have to first activate the Business Function SRM_CONT_IMPR_1 and then activate the Customizing switch Additional Status for Release Value for a Hierarchical Service Item (SRM_701_CTR_SRV_HIER_REL_UPD) under SRM Server-> Sourcing-> Activate/Deactivate Release Value for a Hierarchical Service Item.
2091297: Interface Note for Contract Release value updation
2106269: Contract Release value updation- Implementation note
Link to the video: https://www.youtube.com/watch?v=NWm-_8Me6XY
For complete details about SAP SRM 7.03 refer: SAP SRM 7.03